As a platform for decentralized video content streaming and sharing, the Theta Network does not have too many direct competitors. However, its disruptive technology does pit the project directly against established giants in the video streaming industry, including YouTube and Netflix.It offers an innovative, decentralized infrastructure that is easier to operate, provides a cheaper infrastructure to content creators for hosting and streaming, and provides incentives to its community. The innovation sets Theta Network apart from centralized players in this space and distinguishes it from other blockchain networks in the industry to date. However, with its upcoming Theta Metachain launch and its interest in the Web3 space, we could see Theta Network compete with other leading Web 3.0 blockchain networks. Some of the competitors in the Web3 blockchain space include Ethereum, Polkadot, Cosmos, Filecoin, Audius, and more.