Theta Network — June Roundup

June Highlights

• The Theta testnet is live! We launched the testnet of the native Theta blockchain, open-sourcing the Theta protocol to all on our GitHub. The Theta team are all thankful to the Theta community for supporting us along the way, and are excited to keep building toward our mainnet launchin Q4!

• Theta test channel on SLIVER.tv: The Theta test channel also launched, with 10s of thousands of users already sharing bandwidth with their peers! Try out the test channel out for yourself here, and to learn more you can check out the FAQs here.

• $2M Theta Dapp Development Fund: To spur development of dapps on the Theta platform, we’ve earmarked $2M to fund video platforms that want to integrate Theta as their video delivery infrastructure. The Theta engineering team will be available to provide tech support and guidance to selected projects, and software development kits will be released later this month.

Development Progress

• The Theta Network has taken some major steps forward in its governance and economics. Learn more in our blog here.
• The largest development in terms of economics is Theta moving to a dual currency system. In addition to the governance/staking Theta Token, we introduced Gamma, the operational token of the protocol. Learn more about Gamma and the Theta testnet in our FAQs here.
• BitMovio is a decentralized video platform powered by Theta and born out of Playlabs at MIT Game Lab. One of the first dapps built on Theta, it’s disrupting YouTube/Netflix by putting content back in the hands of content creators.

Video content

• Wes (Theta Head of Strategy) on the “Blockchain Adoption in the Real World” panel at Blockchain Connect in San Jose.

• CoinVogue shares his review of Theta Network

• Wes interviews with CrypChronicles ahead of the testnet launch

• Altcoin Buzz Ladies reviews the Theta Network

By the Numbers

Theta Token holders: 23,459 addresses (from Etherscan), all-time high!

Social media stats/activity

• Theta Twitter tops 50K followers

Theta in the Press

• Forbes: Theta cited in “How Blockchain Technology Could Make Internet Applications Faster, Smarter, And Less Expensive”
• Invest in Blockchain: 7 Cryptocurrencies That Could Join The Billion Dollar Market Cap Club
• SiliconANGLE: Theta Labs launches beta blockchain video delivery network and $2M development fund
• Crypto Globalist: Theta Labs to Spend $2M for Dapp Development
• San Diego Union-Tribune: Theta mentioned in “After hiatus, Sony is back in the corporate venture capital game”
• Bitcoin Exchange Guide: Theta Blockchain Video Delivery Network Testnet Launches With $2M Dapp Fund
• Cointime: Theta Labs announces launch of testnet at Blockchain Connect Conference

Upcoming Conferences

• The Theta team will be taking an overseas trip later this month… stay tuned for details and how to participate and meet the team!

More Buzz!

• Tim (Theta Head of Platform) presented his keynote speech “The Video Streaming Tidal Wave: Blockchain And Crypto Power The Next Surge” at the Tulip Conference in San Francisco. Video coming soon!
• The Theta Merch store is open! All Theta gear is offered at-cost (no profit margin).

• SLIVER.tv / Theta investor Samsung NEXT has been a valued supporter of the Theta project