Competition period: 2018/06/02 00:00 AM to 2018/06/09 00:00 AM (UTC)
Users will be ranked in terms of the total THETA volume traded on their Binance account (including both Buys and Sells) across all THETA trading pairs during the competition period.
Trading Competition: 1,000,000 THETA to win！
1st: 500,000 THETA（Equivalent to a Maserati 2018 Levante）
3rd: 100,000 THETA
4th-10th: split 100,000 THETA
11th-20th: split 100,000 THETA
Lucky Draw: 1,000,000 THETA to be drawn for 130 Lucky Binancians!
All Binance users that trade at least 30,000 THETA (Buys & Sells) during the competition period will be put into the following Lucky Draw:
Major Draw - 10 lucky Binancians will be drawn one-by-one, equally splitting a pool of 400,000 THETA, receiving 40,000 THETA each.
Minor Draw - 120 more lucky Binancians will be drawn one-by-one, equally splitting a pool of 600,000 THETA, receiving 5,000THETA each.
Reminder to use BNB as your trading fees for a 50% discount!
Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
All trades that we deem to be “wash trades” will not count towards your trading volume for this Trading Competition.
Winners from the ‘Trading Competition’ will not be eligible for the Lucky Draw Return Bonus.
Rewards will be issued within 2 weeks after the competition.
The Theta protocol solves various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.
Theta Token is up 8.86% over the past 24 hours and is currently trading at $0.260239
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