If you've been casually paying attention to data, especially video data, you will see a project that has been running steady... In fact, The Theta Wave of Growth Continues to Swell.
Theta otherwise known as The Data Coin
Sliver TV, Theta TV, Edge Nodes and Guardian Nodes are all terms that were being thrown around with increasing frequency a year ago.
YouTube pundits were expressing excitement and opportunity. Fundamental Analysts were talking about huge possibilities.
All the while different agreements were being set such as validation with Google, base program inclusion with Samsung and a few others too boot.
Admittedly, a year ago a huge amount of focus and energy was put toward BTC halving and what was to come. How would regulatory structures change and develop and what would the world look like in a halving cycle that seemed to mimic cycles past.
Add in a few other topics such as a U.S. presidential election, global pandemic and life changing literally right before our eyes.
When face to face interaction is increasingly replaced with video calls, zoom sessions and more remote operations, it comes without saying that data is a critical component. Hence Theta started the run.
The 2021 Roadmap
For any blockchain project, no document is more integral in furthering reach than the roadmap. This document for any project can provide an immediate glimpse into the overall state of affairs.
The roadmap can answer the questions of: How is the Planning? Did they do what they said? Does the project have vision? Is leadership leading?
When it comes to Theta, I see many of those questions being answered not only by the actions and results but also from many of those who are commenting be it through video or written medium.
The 2021 roadmap for Theta provides a clean and succinct snapshot of what is to come in the upcoming, now current year. Frankly, it is what I would expect to see when major plays to the likes of Google and Samsung are involved.
For the rest of 2021, the roadmap covers the following areas.
Q1 2021
TNT-20 “Theta Network Token” minter expanded for NFTs
Pre “Elite Edge Node” (TFUEL staking testing)
1-click Delegated staking within Theta wallet
Decentralized exchange (DEX) on Theta blockchain
NFT marketplace on Theta blockchain
2nd Theta Hackathon launches
Q2 2021
Mainnet 3.0 Launch: Elite Edge Nodes, TFUEL staking and burning
LINE Dapp launches with Theta integration
Official Theta app released for Ledger and/or Trezor
v2 Edge Compute with expanded video transcoding/encoding
Q3 2021
Edge Caching new use cases (game patches, software updates, etc.)
Edge Compute new use cases (Machine Learning, AI, other compute-heavy jobs)
v2 Edgecast fully decentralized streaming Dapp
Q4 2021
Beta of Edge Storage / IPFS integration
v2 Advanced Smart contract developer platform
For the rest of this year, I believe the addition of smart contracts as well as the token minter on the mainnet alone are impressive and shine the completely undervalued current status of the project. Now as the other bullets are checked off for the year, we will see continued growth from this current swell.
Constructive Criticism
Where there is change, there is always difference of opinion and ideas. Same holds true here. While on the one hand, I heard Bitboy speak about Theta Network over 9 months ago and gleaned that it was a shining star set for galaxy, there are always others who see something different.
Take for example, Scott Cunningham, aka Scott C. Business who as of late has been critical of Theta for deficiencies such as only allowing TFuel to stay within the Theta TV platform. He has sure taken a thumping for voicing that opinion.
Quite often I find a little bit of truth in just about what everyone has to say. 1 + 1 doesn't always equal 2 depending on who you are talking too, especially if the numbers are rounded let's say for example 0.6 + 1.2 = ?
Realizing that is an oversimplification of a much bigger issue, it serves to point out that often we are place our values or more importantly our expectation of others to receive our values. Then when they do not, conflict ensues.
The Path Ahead
There is one thing for sure in the upcoming year and even time after that. Data is more important now than ever. One may even argue that data is your personal currency.
So what does all of this mean for Theta? Financially, I know a group of retail folks who bought in mass when Theta was a $0.08, so they are still in the "deer in headlights" look of what is happening. Even with that amazing 20x move, there's still much higher expectations. Somewhere in the neighborhood of 50-100x.
That's all great, but finances are not everything. They are a lot, but let's be real it's not 100% everything. The idea behind Theta in terms of sharing bandwidth, streamlining the streaming (no pun there...), and developing the ecosystem that decentralizes the video-sphere... well that's impressive and speaks to a much a deeper resonance in many of what we all are looking to do. Make a Difference.
So as the name suggests; Theta is the altered state of consciousness that transforms energy and beliefs to manifest a better future to what we desire. With all that, the 2021 roadmap puts in the right direction.
