Theta Network is a DePIN project
The Theta Network is a next-generation media and entertainment-focused blockchain. It enables existing video and media platforms to drive incremental revenues and reduce content delivery CDN costs while rewarding end-users for sharing their storage and/or bandwidth on any PC, mobile, Smart TV, or IoT device. The network supports Turing complete smart contracts and is fully compatible with Ethereum, enabling a wide range of Web3 applications to be built on it. The Theta Network consists of two complementary subsystems, the Theta Blockchain and the Theta Edge Network. The Theta blockchain provides payment, reward, and smart contract capabilities, while the edge network is responsible for the storage and delivery of media assets like images and videos.
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