<\/p>\n
Decrypt, the web3-focused\u00a0media company,\u00a0and creative studio, and Theta Labs, an\u00a0industry leader in decentralised video streaming technology, have announced a strategic partnership. The partnership between the two companies is expected to accelerate innovations in Web3 video streaming.<\/p>\n
Beginning on October 6th, existing video workflows at Decrypt will be optimised by Theta Network\u2019s patented\u00a0technology. In addition, they will introduce\u00a0new video portal products\u00a0and GG pass members will gain access to premium content only accessible with their pass.<\/p>\n
The Web3 infrastructure provided by Theta is built to\u00a0help\u00a0media and entertainment enterprises generate new revenue streams, increase user participation, and develop innovative Web3 business models. Theta also provides a\u00a0Video API that is developer-friendly and\u00a0decentralised\u00a0to\u00a0drastically reduce\u00a0the costs of video transcoding, storage, and distribution.<\/p>\n
Through this partnership, Decrypt is able to expand the reach of its GG collection on Polygon, in addition to Ethereum and the native Theta chain, by leveraging Theta\u2019s patented video digital rights technology. Together, Decrypt\u2019s high-quality content and Theta\u2019s innovative technology usher in a new era in digital content distribution. The partners say that this will usher in an era of unprecedented depths of user participation and interaction.<\/p>\n
Theta\u2019s innovative\u00a0video portal\u00a0solution, rebranded as Theta Web3 Theatre, will allow Decrypt to realise the full potential of its GG collection. The GG Pass, a free-to-mint\u00a0NFT on Polygon, acts as a membership card for the private GG community. It gives\u00a0its members\u00a0access to premium material protected by Metamask by Theta\u2019s NFT DRM.<\/p>\n
Previous iterations of the Theta Web3 Theatre video portal product have enabled unique video experiences like MetaCannes and the World of Women Gala and provided high-perfomance\u00a0distribution channels for the World Poker Tour. The\u00a0new era of content and video consumption will come by\u00a0merging Theta\u2019s unique video and digital rights technology with Decrypt\u2019s well-established workflows.<\/p>\n
By adding exclusive premium video content, streamlining the minting process for GG Hub Passes through email sign-up, and integrating NFT DRM technology to authenticate Polygon NFTs, this venture aims to improve the overall interoperability and user experience of Decrypt\u2019s current GG collection.<\/p>\n
Decrypt\u2019s Co-Founder, Ilan Hazan, said, \u201cWith the introduction of our gaming hub, GG, and our heightened focus on video content, Theta emerged as a perfect fit to achieve our vision.\u201d<\/p>\n
According to Mitch Liu, co-founder and CEO of Theta Labs, the partnership with Decrypt is the first step in the plan of using Theta technology to attract users from other blockchains by giving value to current crypto communities.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Decrypt, the web3-focused\u00a0media company,\u00a0and creative studio, and Theta Labs, an\u00a0industry leader in decentralised video streaming technology, have announced a strategic partnership. The partnership between the two companies is expected to accelerate innovations in Web3 video streaming. Beginning on October 6th, existing video workflows at Decrypt will be optimised by Theta Network\u2019s patented\u00a0technology. In addition, they […]<\/p>\n","protected":false},"author":2,"featured_media":168890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-168889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=168889"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168889\/revisions"}],"predecessor-version":[{"id":168891,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168889\/revisions\/168891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/168890"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=168889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=168889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=168889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}