In a sad and surprising move, Theta Labs confirmed that it will wind-down #ThetaTV to be from a streaming alternative to just a single channel to promote the $THETA Blockchain which curates decentralized CDN & Video API.

Streamers and users that have been paid with TFuel crypto and NFT via content consumption/production, needs to transfer balances to their $TDROP wallet by Tuesday, September 19 and it is also the final day for Theta TV being available to stream content.
Theta Labs justified the move as a way to "further distinguish their identity as the leading Web3 blockchain infrastructure for video streaming, media and entertainment" and wanted to kill the misconception that Theta TV was a perpetual Twitch/YouTube alternative.

While they call it a misconception, I always rooted for the Twitch alternative that for years creators needed, regardless crypto or not.

Theta TV was a pet project to showcase the capacity of the Theta Blockchain which brings decentralized CDN and Video processing via nodes validators and special nodes sponsored/setup by partners that included big players Google, Samsung and Sony.

By the end of the month, all accounts on Theta TV will be deleted regardless of whether the user withdrew their assets or not.

#Gaming #GamingNews
In a sad and surprising move, Theta Labs confirmed that it will wind-down #ThetaTV to be from a streaming alternative to just a single channel to promote the $THETA Blockchain which curates decentralized CDN & Video API. Streamers and users that have been paid with TFuel crypto and NFT via content consumption/production, needs to transfer balances to their $TDROP wallet by Tuesday, September 19 and it is also the final day for Theta TV being available to stream content. Theta Labs justified the move as a way to "further distinguish their identity as the leading Web3 blockchain infrastructure for video streaming, media and entertainment" and wanted to kill the misconception that Theta TV was a perpetual Twitch/YouTube alternative. While they call it a misconception, I always rooted for the Twitch alternative that for years creators needed, regardless crypto or not. Theta TV was a pet project to showcase the capacity of the Theta Blockchain which brings decentralized CDN and Video processing via nodes validators and special nodes sponsored/setup by partners that included big players Google, Samsung and Sony. By the end of the month, all accounts on Theta TV will be deleted regardless of whether the user withdrew their assets or not. #Gaming #GamingNews