ThetaDrop is a next-generation non-fungible token (NFT) marketplace for digital collectibles, launching with the World Poker Tour. As a real-time NFT marketplace, ThetaDrop incorporates live streaming during auctions and NFT drops to increase creator-fan engagement, and tie-ins with live television and cable broadcast to millions of global viewers.
ThetaDrop is powered by the Theta Network, the leading blockchain technology purpose-built for media and entertainment. It is based on a proof-of-stake model unlike Bitcoin and Ethereum and therefore is environmentally friendly and 100% green. Creating and transacting NFTs on the Theta Network costs a fraction of a penny and is 100x faster than Ethereum.