Theta Lab Launches Blockchain-Enabled THETA Live Ember To Present 24/7 Esports Content
Theta Labs, the leading video delivery network enabled by blockchain, today declared the launch of THETA Live Embed, a new turnkey product that allows 24*7 THETA.tv Esports live streaming content to be attached to almost any blog, website, or social media platform with minimum technical effort.
Popular games like League of Legends, Fortnite, and CS: GO streamed via THETA Live Embed are thoroughly combined with the Theta Network blockchain, enabling viewers to relay streams to their peers and receive Theta token rewards, TFUEL, just for viewing and sharing their bandwidth resources. The first partner to blend the product is G FUEL, The Official Energy Drink of Esports®.
Any associate site with THETA Live Embed automatically profits from THETA.tv’s highly appealing and exciting roster of more than three hundred top Esports streamers, including teamtnt, RisingFlame, and Deicide.
The site and its users each get 33% of the total TFUEL based on the quantity of content and bandwidth shared, with the left 33% donated to help the streamers. All the revenue share is transparent and automated by Theta Blockchain’s “auto-split” smart contract and is quickly auditable on the public chain.
On average, sites can anticipate seeing incremental revenues of $50,000 to about $100,000 per 1 million monthly active users.
“As The Official Energy Drink of Esports, we pride ourselves on pushing the envelope and providing the best experience possible to our Esports and gaming communities,” stated G FUEL Founder and CEO, Cliff Morgan.
“This includes expanding our long-term partnership with the innovators at THETA.tv and being an early adopter of THETA Live Embed — all so that we can easily provide live, action-packed Esports content to our worldwide fans for free.”
This turnkey integration allows platforms to embrace THETA seamlessly. Tv Esports content and the underlying Theta Network P2P video delivery infrastructure, without the necessity to learn security, digital wallets, and other technical parts of blockchain technology.
“As we engaged with potential Theta partners over the past year, we heard more and more that live 24/7 Esports content coupled with a loyalty or rewards program is strategic to their global business and user growth,” stated Mitch Liu, CEO of Theta Labs, Inc.
“We took THETA Live Embed a step further where our partners can integrate it in a few hours, and immediately start earning new revenues. Their users can earn rewards by merely watching content they love, sharing their bandwidth, and being part of the community. It’s a powerful way for platforms to naturally drive retention and increase conversion to paid and premium products and services.”