Hollywood’s top talent agency Creative Artists Agency (CAA) has joined hands with Theta to help with governance and validation of its decentralised video delivery network.

CAA joins seven other external Theta Enterprise Validator and Governance Council members, including Google, Samsung and Sony.

CAA will run a validator node and help ensure the robustness of the network.

Theta envisions to enable video platforms to increase revenue and decrease delivery costs.

Platform users are rewarded for sharing the bandwidth to help stream video on a p2p basis.

ThetaDrop is the NFT marketplace of the network.

The decentralised platform will help storytellers and leaders in the entertainment industry.

Theta Network has a market cap of $7.5 billion.

THETA is trading at $7.73. It is down from its ATH $15.72  by 52.0%.

It has a maximum supply of 1 billion THETA coins.

The top exchanges for trading in THETA are currently Binance, Huobi Global, OKEx, Digifinex and HitBTC.

Disclaimer: The article is intended for informational purposes only and should not be considered as investment advice. All the prices and data referenced in this article were recorded on May 27, 2021.