Replay delivers NFT-gating boosted by Theta Network

Replay, a blockchain-based platform, has announced the integration of NFT-gating technology with Theta Network, a decentralized video delivery network. This integration will help creators monetize their content by creating a kind of paywall using non-fungible tokens (NFTs). With the use of Theta Network, Replay will ensure high-quality streaming with reduced latency and increased reliability. The platform’s NFT gating technology will enable users to buy, sell, and trade NFTs that grant access to premium content, making it an effective tool for content-based businesses to monetize their offerings. The integration of these technologies will help content creators generate more revenue while providing users with an easy and secure way to access premium content.

Replay Brings NFT-Gating to Theta Network to Offer Simplified Web3 Monetization

Replay, the blockchain platform geared towards Web3, has made major strides in delivering the latest NFT-gating abilities, courtesy of the Theta Network. As part of its ongoing collaboration with the Theta Network, Replay will now enable owners of FAST channel and media-related brands to lock video that has an NFT exposure, which can be easily adaptable with any smart television or handheld device. The company offers simplified Web3 monetization, distribution, and syndication of specific live streams, as well as entire video libraries.

Replay Digital Collectibles are tradable and have ownership and resellable keys, thereby allowing all prime video applications on smart televisions, handheld devices, and the web to allocate digital collectibles (NFTs) with ease. Last year, Replay successfully delivered a content sample and saw success with an above-average NFT sale in collaboration with FlixFling.

Replay Dash, the gamified content platform, allows for a fusion of AVoD, SVod, and free video locked behind an NFT. It also offers the ability for Web3 collections and media brands to hold onto engaging communities with customizable badges, missions, and rewards.

Krish Arvapally, CEO of Replay, emphasizes that there is a pressing need for content builders to engage with fans. This issue is perfectly resolved by Replay’s malleable NFT content model that seamlessly provides further connectivity and allows for more sharing amongst their community.

Theta Network’s verification and peer-to-peer content supply boosts the video that is locked behind Replay NFTs. Additionally, the Replay tracking protocol, functioning on a THETA subchain, continuously tracks every bit of play and provides content owners with real-time video analytics. Replay plans on delivering its very own Theta subchain by the end of the second quarter.

Mitch Liu, CEO of Theta Labs, confirms that Replay’s disruptive method of streaming is in tandem with their blockchain’s video framework. Through this collaboration, video applications and streaming activities will incorporate decentralized token-gated video that will curate and package content in better ways, while providing increased monetization and engagement opportunities.

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