Theta.tv, a video streaming platform centered on games and e-sports based on the Theta blockchain, will be available to tens of millions of Samsung Galaxy owners through a partnership with Samsung announced on Tuesday (19).
The streams will be incorporated into the Samsung Daily interface, pre-installed on all new Samsung Galaxy S20 smartphones in the United States. The update will also be sent to all Galaxy S10, S9, Note 10 and Note 9 devices worldwide, for a total installed base of more than 75 million devices.
What sets Theta.tv apart from the main game streaming service, Twitch, is the ability for viewers to earn Theta tokens, known as TFUEL, by watching and sharing streams. Users can also donate TFUEL to streamers or can be exchanged at a cryptocurrency broker.
Samsung Daily is a version of the previous interface of Bixby Home on Galaxy phones, providing news, videos and other recent content. Users will be able to interact directly with Theta.tv content through Samsung Daily. Samsung's NEXT fund invested in Theta Labs in 2017 and the companies have collaborated ever since.
"We believe that this commercial product launch is a critical turning point in the adoption of the Theta Network worldwide," said Theta Labs co-founder and CEO, Mitch Liu, in a statement. “Our innovative approach to streaming is perfect for Samsung's worldwide user base. It is a big step towards our goal of making Theta a global infrastructure for video content and data delivery ".
In addition to content from game streamers and e-sports competitions, Theta.tv broadcasts World Poker Tour tournaments, as well as blockchain conferences such as Consensus and Crypto Asia Summit.
In February, Theta Labs announced a live streaming tool ready for website and blog owners, allowing them to earn TFUEL by hosting streams on their websites. The tool used smart contracts to split the TFUEL rewards in three ways between the hosting site, the featured streamer and viewers with registered Theta.tv accounts.
CoinGecko lists the price of a TFUEL coin at $ 0.0075.
* Translated and republished with authorization from Decrypt.co
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