The mainnet launch of Theta 3.0 streaming platform has been pushed back from April 21st to June 30th due to additional time needed to finalize new features.
The developers will continue to work on bringing collectible token (NFT) support to their platform and creating a market for them. It is also planned to modify the code to make the network work when scaling up to 100,000 nodes. The developers’ statement says:
“Delays are never welcome, but it is better to delay, but ensure the successful launch of Theta 3.0 mainnet. There was a similar delay when launching Theta 2.0, but led to a smooth start. ”
The developers hope that the high-performance Theta network will be an excellent storage facility for NFTs thanks to its near-zero fees and decentralization. For this, it is planned to develop gateways for connecting other blockchains, starting with Ethereum.
“It is very impractical to trade $ 5- $ 10 NFTs if the commission is $ 2,” the developers write.
Since the end of February, the THETA rate has grown fivefold and reached $ 14.9. At the end of 2020, the Theta mainnet received support for smart contracts, after which the cryptocurrency began to grow significantly. Now the coin with a capitalization of $ 12.3 billion is ranked ninth in the CoinMarketCap ranking.
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