Theta Roundup: Binance.US Lists Theta Assets, DappRadar Officially Integrates Theta

Theta Roundup: Binance.US Lists Theta Assets, DappRadar Officially Integrates Theta

Theta is a public blockchain that decentralizes video streaming and content distribution. This allows for high quality, low-bandwidth compression that significantly reduces the cost of online videos while simultaneously increasing their availability. Theta’s decentralized network can stream any type of file, not just streaming media like YouTube or Netflix, but also non-streaming files like software updates and ebooks.,

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The “how to buy theta token” is a question that many Theta supporters have been asking. Binance.US has recently listed the Theta Token, and DappRadar has officially integrated it into their platform.

Theta Roundup: Binance.US Lists Theta Assets, DappRadar Officially Integrates Theta

Theta Roundup: Binance.US Lists Theta Assets, DappRadar Officially Integrates Theta

 

Recent events in the Theta environment include:

The Theta has been added to DappRadar’s rating system.

DappRadar, a worldwide decentralized apps marketplace, reported last week on its official blog that Theta Network has finally been included to its directory. In early March, the dApp-focused platform promised the same, asking users to discover more about Theta.

DappRadar is currently tracking five dApps built on Theta, including network-native decentralized exchanges ThetaSwap and VoltSwap, low cost NFT marketplaces ThetaDrop & OpenTheta, and gaming franchise Fables of Fyra. The platform will add more dApps with time.

DappRadar aims to empower its users with knowledge about the most valuable tokens and apps on the Theta blockchain by making data on the network easily accessible.

Theta NFT’s community development is attracting celebrities from the entertainment sector.

Theta Network is promoting one of the basic ideas of blockchain technology in the NFT space: shared control. The usage of Theta’s NFTs in community development strengthens shared control. Theta Network’s non-fungible tokens have shown to be effective in establishing community, notably in the entertainment sector. Theta NFTs may serve as a connection between companies, assisting them in achieving next-level outcomes in their community-building activities.

For participative communities, theta NFTs

The popular talent program American Idol teamed with Theta Network to introduce NFTs for its top 14 competitors in honor of its 20th season. The NFTs were released as trading card packs ($99 apiece) that enable fans to follow one of the competing’ heroes’ on their journey.

Holders would also compete in a five-week tournament, with prizes determined by how far their tokens go. Theta NFTs have significantly aided in providing a more immersive experience for the show’s fans than before. Previously, American Idol fans could just text or tweet about the broadcast, but Theta NFTs have enabled a more active user experience.

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This is being used by brands.

Because Theta NFTs have shown to be a balanced method that ensures community inclusivity and a well-rewarded fan base, they’ve been a popular among large corporations looking to improve the community experiences they deliver their consumers.

This, together with Theta’s ability to create immutable shared fan memories for communities, has helped to establish Theta as the go-to network for community involvement and administration that Web 2 social media couldn’t match.

Theta is no stranger to the entertainment industry, having previously developed NFTs for Katy Perry, the World Poker Tour, and The Price Is Right.

THETA and TFUEL are listed on Binance.US.

Binance. Theta Network’s native token, THETA, and Theta Fuel (TFUEL), the network’s operational token used to pay for transactions and smart contract calculations on Theta, were listed last week by Binance US, the US branch of the biggest cryptocurrency exchange and trading platform Binance.

THETA/USD, TFUEL/USDT, TFUEL/USD, and THETA/USDT trading pairs were added to the exchange. THETA and TFUEL may now be purchased using bank transfers, wire transfers, and debit cards, and the exchange verified that deposits for the two tickers started flowing on May 9. Trading commenced 24 hours later, with a ‘Buy Crypto’ option for users available.

Visit our Investing in Theta guide to learn more about Theta.

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