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The Neutrino index is a decentralized financial (DeFi) platform based on the Waves blockchain. The platform rebranded its index token from USDN to XTN. Neutrino has two native tokens, XTN and NSBT.

XTN is an algorithmic crypto-collateralized indexcoin backed by three Waves Ecosystem tokens: WAVES, WX and VIRES. XTN's main function is to encourage user participation in the Neutrino by rewarding those who provide liquidity to the system.

The platform’s other token, NSBT (Neutrino System Base Token), is used for governance purposes: it allows users to make decisions about the future development of the Neutrino protocol, and it ensures the stability of collateral reserves on Neutrino’s smart contract.

New NSBT tokens are issued whenever a user locks WAVES tokens on a contract, which serves as additional backing and insures the system against a deficit. Holders can stake to earn on WAVES to XTN swap fees.

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Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

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