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Down The Rabbit Hole: Theta Network. The goal of the Theta network, is to bring about a decentralized delivery network compared to the centralized CDNs that many streaming sites like Twitch, YouTube, etc, work on. The theta.tv is a streaming website similar to Twitch where one can watch well known Esports gamers like FaZe and NICKMERCS. Theta.tv is owned by a company called Theta Labs, a subsidiary of Sliver VR Technologies. The company raised $9.8M in a Series A round with notable tech names such as Samsung and Sony.