FUJAN CRYPTO REPORTS
Whitepaper
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Vision
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Introduction
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Video Streaming Market
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Live video streaming accounts for over two-thirds of all internet traffic today, and it is expected to jump to 82% by 2020
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Global VR traffic including 360 video streaming content is estimated to grow 61-fold by 2020
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Video streaming challenges
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“last-mile” delivery leads to less optimal user experience including choppy streams and frequent rebuffering
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CDN bandwidth cost can easily reach tens of millions of dollars per year
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4K, 8K, 360, VR, and others make it even harder
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VR has a solution called foveated streaming which lowers the resolution of the parts of the screen you can barely see
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Background
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SLIVER.tv is integral part of founding of Theta Network, and has patent pending solutions to video streaming problems
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SLIVER.tv is leading in esports with over 5 million monthly visits.
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Opportunity
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Create the first Decentralized Video Streaming and Delivery Network
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Viewers can contribute their computing and bandwidth resources and get rewarded with Theta
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Proof-of-Engagement viewers can earn tokens as rewards from advertisers in exchange for their attention to video streams
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Theta Decentralized Streaming Network​
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Bootstrapping the Network
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The Theta network is fully functional even with only a single caching node
The Theta Blockchain
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Scalability
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Resource Oriented Micropayment Pool purpose-built for video streaming
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Double Spending Detection and Penalty Analysis
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Smart Streaming Contracts
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Incentive Contract
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Advertisers rewarding viewers and streamers
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Viewers can gift rewards to multiple parts of the streaming chain
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Gift contract for multiple streamers
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Paid/Premium video content
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Subscriptions and Decentralized Entertainment networks
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A cacher can share caching rewards with viewers and with content streamers
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Roadmap
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Team
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Mitch Liu – Cofounder/CEO
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Cofounder of Sliver.tv
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SLIVER.tv is a platform to record, view, and stream top eSports games in fully immersive, 360° cinematic VR video. 87.7K twitter followers
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Cofounder of Tapjoy
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We maximize mobile engagement and monetization for leading advertisers and app developers. 17.4K twitter followers
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Bachelors from MIT
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MBA from Stanford
Jieyi Long – Cofounder/CTO
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Cofounder of SLIVER.tv
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Bachelors from Peking University – 65th best school in the world
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PhD from Northwestern University – 24th best school in the world
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Developed multiple patented technologies
Ryan Nichols – CPO
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CPO at SLIVER.tv
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Director at Tencent for the WeChat app
Riz Virk – Head of Corp Development
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Director at Play Labs at MIT
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Author of many cryptocurrency related papers
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Bachelors from MIT
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Masters form Stanford
13 TOTAL TEAM MEMBERS
SamsungVR – Advisor
Steve Dakh – Advisor
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Original developer on the ETH Project
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Advises Aeternity, Po.et, and Polymath
Sebastian Serrano – Advisor
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Founder of Ripio
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Partnered with Kyber, Huobi, Enterprise Ethereum Alliance, Request, Shapeshift. Invested by FBG
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Ma Haobo – Advisor
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CEO of aelf
Fan Zhang – advisor
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Foudnign Member, Sequoia Capital
Shoucheng Zhang – Advisor
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Founder of Danhua Capital
Steve Chen – Advisor
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Co-founder of YouTube
Justin Kan – Advisor
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Co-founder of Twitch
Partners & Backers
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Partners
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DHVC
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SIERRA VENTURES
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Since 1982, Sierra has helped hundreds of entrepreneurs around the world begin and grow successful technology companies. 1.9 Billion invested
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DCM
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DCM Ventures partners with inspired entrepreneurs to build high-impact, global technology companies.
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SPARKLAND
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Connecting Silicon Valley and Asia, we leverage our local networks & resources for founders to expand.
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ZP CAPITAL
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NIRVANA CAPITAL
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Portfolio includes Golem, Polkadot, Omisego, Qtum, Chainlink, and Mobius
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SERAPH
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THE VENTURE REALITY FUND
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At The VR Fund, we bring expert guidance and resources to promising and early stage VR, AR and MR startups.
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ZMT CAPITAL
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We have deep roots in areas including Fintech, Blockchain, Mobile Internet, AI, Hardware, AR/VR, and IT Infrastructure.
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HEURISTIC CAPITAL
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Matched with over 25 years of professional and personal venture investment experience, we strive to invest in and assist companies cross the hurdles of prototyping, financing, manufacturing, and business building.
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GUMI
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We as a Group aspire to uphold our philosophy: “We offer the world new excitement and richness to the daily life by connecting people through entertainment by aiming to achieve the vision of being a leader in the information technology revolution and become the world’s No. 1 entertainment company.”
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SYNAPSE CAPITAL
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Synapse Capital is an investment company that manages a portfolio of crypto assets with a hybrid venture/hedge strategy.
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IBC
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AELF
Investors
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DHVC
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SIERRA VENTURES
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DCM
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GREEN PINE CAPITAL PARTNERS
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Currently, GPCP manages assets over 15 billion RMB through 21 special funds and have invested 7 billion RMB into 388 enterprises among which 14 are listed on NEEQ and 48 of them are either listed or acquired by listed companies, including BGI(300676.SZ), Aurora(600666.SH), Nationz Tech(300077.SZ), Foresee(002530.SZ), Qudian(NASDAQ:QD), etc.
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SPARKLAND
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GREYCROFT
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We are investing from two funds today: Greycroft IV, a $204 million venture fund, and Greycroft Growth II, a $365 million growth-stage fund.
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BDMI
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We Partner With Innovative Digital Media Companies And Work Together To Build Success
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THE VENTURE REALITY FUND
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ZP CAPITAL
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HEURISTIC CAPITAL
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COLOPI VR FUND
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Our US$100 million fund invests in VR and AR startups of all areas around the world.
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ADVANCIT CAPITAL
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Advancit Capital focuses on early stage companies at the intersection of media, entertainment and technology.
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GREE
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CAA
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With a global network of more than 2,000 employees and strategic partners in North America, Europe, Asia, and beyond, CAA taps its unequaled internal and external ecosystem of experts, relationships, access, and industry intelligence to help ensure that our clients achieve their goals.
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SONY
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SAMSUNG
Articles
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As part of the agreement, Theta will sponsor the summer 2018 batch of Play Labs (www.playlabs.tv), which was expanded to include blockchain startups coming out of the MIT ecosystem. This year’s batch has a particular focus on blockchain in addition to AI, AR and esports. Startups participating in Play Labs can integrate the Theta protocol for video streaming, music, entertainment, esports and other media applications, with a focus on reducing costs and increasing access to content.
We​ ​are​ ​confident​ ​that​ ​the​ ​decentralized​ ​blockchain​ ​approach​ ​that​ ​Theta​ ​has​ ​taken​ ​will revolutionize​ ​the​ ​way​ ​in​ ​which​ ​all​ ​video​ ​content​ ​is​ ​viewed​ ​around​ ​the​ ​world.​ ​With​ ​a​ ​clear incentive​ ​that​ ​rewards​ ​everyday​ ​users,​ ​this​ ​approach​ ​will​ ​be​ ​able​ ​to​ ​streamline​ ​the​ ​ecosystem and​ ​pass​ ​on​ ​that​ ​value​ ​on​ ​to​ ​brands​ ​and​ ​advertisers.
In the coming months, everyone who wins Tilted Trivia on Twitch — or even participates — will be able to claim Theta Tokens through the SLIVER.tv site. We will be offering up to 1.1 million Theta Tokens each month, a total current value of roughly $150,000.
https://medium.com/@ThetaLabs/theta-labs-announces-prof-8ae729fb5463
To the world outside of blockchain and cryptocurrencies, Prof. Zhang is more likely to be recognized for his outstanding achievements in the physics field; he is a fellow of the American Physical Society and American Academy of Arts and Sciences, and in 2014 was cited by Thomson Reuters as a top candidate for the Nobel Prize in Physics. But in the tech world, Prof. Zhang is known for his leadership of Danhua Capital, a leading Silicon Valley VC firm that focuses on early stage investments in Blockchain, Fintech, AI and Networking. In addition to investing in both SLIVER.tv and Theta Token, Danhua Capital has made early investments in Dfinity, Symbiont, Brave, Kyber Network, Orchid Lab, Chia Network, DAGLab, and other blockchain projects.
Ma is the founder and CEO of aelf, a decentralized cloud computing blockchain network, as well as founder and CEO of Hoopox, a technology company that provides vertical industrial solutions from infrastructure to blockchain systems.
Videos
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https://www.youtube.com/watch?v=rrRb8DtE5DM
Interview with the Crypto Lark
https://www.youtube.com/watch?v=kW5Jz3xAXHc
Video by Theta Labs
https://www.youtube.com/watch?v=TypVxpzwJaA
Video by Altcoin Buzz Ladies
CoinCheckUp
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Conclusion
I would give Thetatoken an A- rating. Thetatoken is working on making video streaming faster and cheaper. The two biggest issues with video streaming is loading of the video and video quality, as well as how much the bandwidth costs people and business. Using the blockchain you can incentive people to share their bandwidth and computing power with each other. This project is sort of similar to golem with the computing sharing but mainly focused on video streaming. They are supported by a lot of professional in this space including Samsung, Sony, and YouTube. They have lots of high quality investors on their side and was recently added to Binance. I think this is a must have in your portfolio if it can become as popular as YouTube.
