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THETA - A truly GAME-changing platform emerging as a true frontrunner in the NFT niche.
Due to a breakthrough in technology in the adoption of decentralised technology finance (DeFi), we’ve recently seen a huge push for altcoins in the cryptocurrency space. Whilst we've seen Popularity with DeFi, there’s a niche within Defi that has broken out as extremely popular as potentially the next pioneer for technological advances. We’re talking about no other than, non-fungible tokens (NFTs). Today we are going to be talking about aN NFT Gem called THETA. Here is a brief overview:
THETA
Market Cap: $12,325,173,195.48
THETA, which is blowing up right now. If you’re reading this and you managed to get invested into THETA earlier on this year then congratulations are in order as this is truly rocketing right now and here’s why!..
It’s growing by the day in popularity. One clear and obvious reason is that it has a lot of real-world use cases. The functionality of this NFT is to take the excess bandwidth from your computer that you're not currently using and finding local connections to make a smoother and efficient streaming process for all sorts of operations. Currently, one of the largest expenses when it comes to E-sports and streaming services is paying for high-quality connections.
What Theta is allowing you to do is to volunteer your computer's bandwidth to aid smooth streaming and you can earn THETA tokens in exchange for doing this. THETA tokens have multiple uses on the Theta network for you to be able to use them. One innovative and futuristic usage of your banked THETA Tokens is betting on E-sports games. This is potentially game-changing (pun intended) in the NFT & online gaming world. NFT’s are already changing the outlook for VR and online gaming, playing a much larger role in these fields allowing for exponential growth.
The current market cap sitting at $12,325,173,195.48 which although is a fair-sized market cap, is not too large in comparison to other cryptocurrencies with much much larger market caps all whilst considering how much we all rely on bandwidth going forward, a lot more money is flowing into cryptocurrencies all the time. Meaning, the scope within this space has huge upside potential. Therefore, THETA may very well be right at the start of its growth.
There have been more trading participation in the months from January 2021 - March 2021 than there has ever been before. With the massive amounts of participation and volume pouring into this cryptocurrency it’s emerging as a true frontrunner in the NFT landscape.
As always, this is not financial advice, and please be sure to do your own research before making any investment.
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