Theta is leading the way in blockchain-based video streaming. If you're not sure what video streaming is, think Netflix, Disney+, AmazonPrime, YouTube -- you get the idea. Theta (THETA) is one of the first video streaming platforms built on chain. Because the THETA tech runs on a decentralized network, it's a serious threat to traditional streaming and cable services that have centralized outages, exploit content creators, charge high rates to subscribers, and that provide limited content choices and sketchy infrastructure.
The THETA protocol upends the entire video distribution model because users share bandwidth and computing resources on a peer-to-peer (P2P) basis across a growing validator network comprising thousands of "nodes" -- a.k.a private server farms. Theta also has its own native cryptocurrency token, THETA, which incentivizes governance tasks across its network. It has corporate heavy hitters that include Samsung, Sony Europe, Binance, and Google serving as "enterprise validators" for its blockchain traffic -- that fact is truly unique within the crypto space and shows validation for Theta's business model by other media titans.
THETA's capitalization is $4 billion and its price at writing is $4.05, which is up about 6% on the day and 41% over the past seven. global video streaming market was $50 billion in 2020, and projects it will grow more than 20% annually through 2028. THETA is well positioned to disrupt and snag share from that massive market.
Avalanche (AVAX) launched in 2020 and has quickly grown into a viable alternative to etherium and other smart contract platforms. The AVAX blockchain enables developers to build decentralized applications -- think of the iPhone app store -- as well as independent, customized blockchains, which are also known as "subnets." Simultaneously, AVAX operates seamlessly with Ethereum Virtual Machine (EVM), so the thousands of projects and apps already on Ethereum can easily move to AVAX.
When stacked up against Ethereum, AVAX has a very high throughput of 4,500 transactions per second (TPS) per subnet with virtually instant transaction settlements within 1 second. Its transactions cost only pennies to users, compared to the $35 average Ethereum transaction cost. Its low fees make AVAX ideal for DeFi or NFT transactions. According to the AVAX blog, last year many NFT platforms, including five of the most popular NFT markets, ran on the AVAX network, with more being added.
As of this writing AVAX market cap at more than $22 billion, and it's currently priced at $90.56, which is up 6.11% over the past 24 hours and 29.33% on the week. Given its truly unique, agnostic tech that harmonizes the crypto-verse, this project could easily blast 200% if macro conditions stabilize.
Celsius claims to be one of the top-performing user-to-user lending protocols in the space with more than 1 million registered users and $25.2 billion in assets loaned among them. The network has also paid out more than $929 million in yield rewards since its launch in June 2018.
As far as upside potential, the DeFi sector is one of the fastest growing blockchain areas, and DeFi Pulse shows that right now there's more than $87.5 billion staked -- a.k.a. "earmarked" -- for DeFi lending purposes, so Celsius is in the right space. As of this writing CEL is priced at $3.47, up nearly 3% on the day, and a robust 33.03% spanning the past seven days. Assuming regulators don't kill DeFi, CEL could pump 200%-300% due to its use case and discounted market cap.
you can buy these 3 Cryptos on binance. Join with this code to receive a free mystery box! https://www.binance.me/en/activity/referral-entry?fromActivityPage=true&ref=LIMIT_VLTD4GSW