NFT market launching on Theta Network very soon!!
NFT market place going live on Theta Network on April 18th!! Theta Network is a leading decentralised video delivery blockchain network that enables peer to peer live streaming of video content.
Very soon the World Poker Tour(WPT) will be live on Theta.TV, the application that runs on Theta network and will direct viewers and poker fans to the NFT marketplace, WPT.THETADROP.COM during advertisement sessions.
Digital collectables of rare and legendary WPT packs
WPT.THETADROP.COM is a NFT market place that’s powered by the Theta Network. Here NFT collectables of unique poker themed packs will be air dropped for fans to buy them and get the opportunity to take part in the live auctions of these rare WPT packs that would comprise of digital collectables featuring poker celebrities, Poker pros, poker legends etc. So poker fans can experience a unique poker movement by collecting a slice of poker action engaging in this NFT marketplace.
Theta powered NFT marketplace that is affordable, fast and energy efficient
Being an NFT marketplace built on the Theta Network, which is a Proof of Stake Blockchain, the cost of minting NFT will be affordable with gas fees just amounting to $0.00001.
Transaction speeds would be 100x quicker than Proof of Work Ethereum Blockchain, with the Theta Blockchain consuming much less electricity than Ethereum Blockchain for all its operations as well.
Further developments in Theta Network for decentralised storage in future
Decentralised storage of these NFTs where users can hodl their digital collectables with in their custody can be enabled in future with Theta’s vast number of more than 30,000 community-run edge nodes providing support for this.
Bridges for cross-chain NFT transfers and transactions
There are plans to have bridges that would connect the Theta Network with other Blockchains so that NFTs can be transferred and transacted across different chains making the Blockchain interoperable.
Theta Network reduces costs for Content Delivery Platforms
Theta Network, is a decentralised video delivery network powered by Blockchain enabling decentralised peer to peer streaming of video content. Theta.TV is the application providing the main platform for video platforms to stream their video content.
The network’s infrastructure reduces the content delivery CDN costs for video platforms, while the usual buffering issues of these streaming videos are greatly reduced, improving video quality and viewing experience for end users.
Rewards for those who lend their bandwidth enabling P2P decentralised video streaming
Theta network, powers peer to peer video content streaming where those who share bandwidth of their PC, smart phone for relaying of video content get rewarded with Tfuel.
Prominent companies are enterprise validators of the Theta Network
Leading companies are enterprise validators of the Theta Network with Google, Samsung, Sony Europe, Binance, Blockchain Ventures, and gumi leading Theta’s enterprise validator and governance program.
Videos streamed on Theta blockchain is shown on its application Theta.tv
Theta.tv has millions of esports viewers and broadcasts content of content partners - Lionsgate, MGM Studios, CONtv, NASA, and others.
Reference Article -: https://www.worldpokertour.com/news/wpt-and-theta-network-to-launch-worlds-first-real-time-nft-marketplace-with-the-live-premiere-of-wpt-season-xviii/
Disclaimer - This is not investment advice but just an article showcasing my point of view.
Every one of these is a positive step for more adoption and awareness. This will have a knock on effect to every other aspect of crypto.
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