Media and entertainment focused Theta Labs has selected Fuse Media as its launch partner for Theta Network’s mainnet 4.0, Metachain.
Compatible with Ethereum, Theta enables existing video and media platforms to increase revenue and reduce the cost of content delivery, while rewarding end users for providing bandwidth or sharing storage. .
According to a press release, as part of the deal announced on August 24, Fuse Media will utilize a number of Theta Ecosystem’s tools, including Theta Video API for delivering video streams.
According to the press release, Fuse Media will also incorporate Theta-based non-fungible tokens (NFTs) and TNT20 tokens to increase engagement with its audience.of the fuse SVP Digital’s Patrick Courtney recently spoke at the NFT NYC conference about NFT’s role in fan engagement.
Fuse CEO Mike Roggero said:
“By combining Fuse’s programming and talent with Theta’s cutting-edge blockchain technology, we are introducing a whole new dynamic into entertainment where the voice of the user is expressed in the media they enjoy.”
Theta Metachain is scheduled to launch on December 1st.
Theta Metachain is an interconnected blockchain consisting of one main chain and unlimited subchains. Metachain aims to achieve unlimited transaction throughput and reduce block finalization time to below 1-2 seconds.