Theta Network is a blockchain-based, content-delivery platform that enables high-bandwidth content delivery using decentralized technology.
The goal of Theta Network is to create a more efficient way to deliver content in a global, peer-to-peer mesh network.
Theta Mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.
Mitch Liu and his team launched ThetaDrop, which is an NFT marketplace powered by the Theta Network.
The network runs on a native blockchain, with two native tokens, known as Theta (THETA) and Theta Fuel (TFUEL), powering the internal economy.
Theta Labs is the organization behind the Theta Network. Theta Labs is an open-source software development firm responsible for building and deploying the Theta Network blockchain for video streaming.
Theta Labs is led by the following two key people in the leadership positions:
Mitch Liu - Co-Founder & CEO
Currently, he is the Founding Member of Theta Labs and Co-Founder & Chief Executive Officer of THETA.tv. Prior to this, he was the Co-Founder and President of Gameview Studios; and Co-Founder & Head of Platform of Tapjoy.
Jieyi Long - Co-Founder & CTO
Currently, he is the Co-Founder & Chief Technology Officer of Theta Labs and Co-Founder & Chief technology Officer of SLIVER.tv. Prior to this, he was the Co-Founder of MadSkill Game Studios; R&D Engineer of Synopsys; Senior Member of Technical Staff at Magma Design Automation; Research Assistant at North-western University; and he has also developed multiple patented technologies including VR live streaming as well as instant replays for video games.