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THETA Network

THETA Network

Sony and Theta to launch NFTs 3D for metaverse gaming

Sony’s spatial reality displays reproduce 3D images without the need for virtual reality glasses.

This is very useful for exhibitions, to present a virtual reality model without all participants having to wear glasses, in medicine (anatomy exhibitions, prosthetics, etc.), for video games and metavers (to be able to play for hours without having to wear glasses, since 3D objects are projected on the screen), etc. 

Sony wants to extend the functionality of this technology by integrating NFT, as game objects in the metaverse, and has asked Theta Labs for help.

Nick Colsey, CEO of Sony Electronics, said in a statement: “Consumers can now enjoy a next-generation 3D experience without the need for 3D glasses. Theta NFTs are the only way to demonstrate our rapid introduction of metaverse-compatible technology.

Mitch Liu adds that there is enormous potential for metaverse games. These NFTs would have a physical 3D presence, while most NFTs are currently only 2D images and videos.

To celebrate this new collaboration, NFT will launch at Thetadrop, which U.S. citizens will be able to exchange for these screens.

Sony is an early investor in Theta Network and also owns a validation node.

What is THETA Network?

Launched in March 2019, Theta Networkis a blockchain network developed specifically for high-quality video streaming. The project has endorsements and actions with Samsung, Verizon or Google; and has as media advisors Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.

Who created Theta

Behindthis project are Mitch Liu and Jieyi Long, whofounded it in 2017. Liu has a long career within the videogame, audiovisual content and virtual reality industry, as well as being the co-founder of the video advertising firm Tapjoy, among others.

What happened to THETA?

ThetaDrop has no plans for a token sale and instead plans to release its supply of 20 billion tokens over a four-year period to community members who provide NFT liquidity mining or THETA,TFUEL and TDRop participation in the network.

How does THETA TV work?

How does Theta work? Theta’ssoftware seeks to incentivize a global network of computers on its decentralized video streaming platform. Through its platform, users can broadcast videos offering their bandwidth and additional computing resources, in exchange for rewards.

How much is theta moneda worth?

The live price of THETA is $3.4866444 per (THETA/USD) today with a current market cap of $3.49B USD.(november 2022)

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