Theta partners with DLive
Theta Labs has announced that it will soon be integrated with DLive to enable the platform’s users to relay streams on a peer-to-peer basis to the network.
It is one of the leading blockchain video infrastructure protocols which aims to usher in a new era of content delivery networks through its model for tokenised bandwidth sharing.
In partnering with the decentralised video streaming platform, Theta will be brought to the five million monthly users DLive has acquired in its first year of operation.
The partnership will be enabling peer-to-peer (P2P) video relaying of content from the platform.
Users can opt-in to share bandwidth and resources to give themselves access to rewards while simultaneously enhancing the quality of the stream they are watching.
As a result this helps reduce the overall cost of delivering video streams because the platform no longer requires an expensive infrastructure on account of being hosted on a P2P basis.
DLive has been explosive since its inception and earlier this year it bagged one of the world’s most well-known streamers in PewDiePie. Its concurrent viewership has reached a high of 200,000 users for top streams.
Also in the pipe line is a possible syndication between Sliver.tv and the streaming platform, which would see them devise cross-promotions and other ways to offer incentives to the combined eight million users.
“We’re thrilled to introduce the Theta Network to DLive’s 5 million users and bring decentralised video streaming to a mass audience,” says Mitch Liu, CEO of Theta Labs.
“This partnership marks a major milestone for the Theta Network, making us one of the most widely utilised and adopted blockchain technologies of any industry,” he adds.
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