The Theta Network (THETA) has become one of the best-performing cryptocurrencies when the value of its token increased by 20% in one day.
Sony partners with THETA to release 3D NFT
As the global crypto industry made some recovery, Theta Network announced its partnership with Sony Electronics. The tech giant will release the 3D NFT for its Spatial Reality Display on the ThetaDrop. The drop will begin on June 17, 2022, at 1 p.m. PT, according to the announcement. Theta added that waitlist and pre-funding are now accessible.
The Tiki Guy nonfungible Token (NFT) is a 3D asset that can be projected on the SONY’s limited electronic display, according to the release. It went on to say that the NFT was designed to be as frightening as possible. The website shows that the Tiki Guy is a limited edition NFT with only a quantity of 500 available. Earlier, Theta Drop NFT Marketplace hosted drops for celebrities and game shows such as “American Idol” and others.
At the time of writing, THETA was trading at an average price of $1.24. The token’s recent price increase has helped it to cover some of the recent price declines. Over the last 30 days, the network’s token price has dropped by roughly 12%. Its 24-hour trading volume has increased by more than 55% to stand at $137.2 million.
Several Media and Tech giants join the list of validators
In addition, Theta Network also announced that the video tracking and payments-based blockchain “Replay” has debuted their Theta Validator Node. It was mentioned that the network was ranked 25th overall. Theta validator group continues to investigate various cross-sections used by different users, the release highlighted.
Many media and tech giants such as Samsung, Sony, and Google, are among their validators. Crypto exchanges like Binance, blockchain and Gumi cryptos are also among.
