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⚠️Introducing the Theta Metachain — The blockchain architecture purpose-built for Media and Entertainment enterprises entering the Web3 space⚠️
December 03, 2022
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Today marks the start of a new era for Theta blockchain — the launch of Theta Metachain, the blockchain architecture purpose-built for Media and Entertainment enterprises entering the Web3 space. With this upgrade Theta blockchain will gain the high transaction throughput, customization, and reliability that is necessary for leading Media and Entertainment enterprises to bring their millions of users onchain.

Theta Metachain is an interconnected network of blockchains, a “chain of chains”. It will allow permissionless horizontal scaling of the Theta blockchain network in order to achieve potentially unlimited transactional throughput and subsecond block finalization time. This enables a customizable, highly scalable blockchain tailored for emerging Web3 businesses in the media and entertainment space.

Media and Entertainment companies face a number of challenges today. The Streaming Wars are leading to increased competition, decreased profits, and declining subscriber numbers. On the other hand users are burned out by too many subscriptions and too high costs. Blockchain monetization models using NFTs or tokens can package and gate content in creative new ways that serve better for the content owner/creator and the consumer, breaking the cycle of bad user experiences. These token economies allow brands to build a one-on-one relationship with their fans and users, free of intermediary vendors and their fees, which allows them to offer better incentives, rewards and value directly to their users. Blockchain also enables secure tracking of video views and rights management, solving two major pain points of media companies — two issues already being addressed by Replay and by Theta’s patented NFT DRM technology, respectively. But these use cases require much higher throughput and flexibility than existing solutions, and Theta Metachain aims to meet that need for Media and Entertainment enterprises in Web3.

Architecturally the Metachain consists of one “main chain” and an unlimited number of “subchains”. Just as “meta-” as a prefix refers to something that transcends or is more comprehensive than the subject, ex. metaphysics describing what exists beyond physics, Theta Metachain refers to an overarching “main chain” above many purpose-specific “subchains”. The “main chain” in this case refers to the existing Theta mainnet. Theta will offer an easy-to-use SDK that developers can quickly use to launch a subchain and plug it into the main chain. Since each subchain can execute transactions independently, this provides a viable path to infinitely scale the processing capacity of the Metachain. The subchain SDK will implement a built-in interchain messaging channel which connects the subchains and the main chain, and thus allows crypto assets like TNT20/721 tokens to flow freely across the chains. The process of creating a subchain is permissionless, meaning that anyone can register and launch a subchain. No approval from Theta Labs is required. You can find the open-source Metachain code on Theta GitHub.

The first subchain has now been deployed on testnet by Replay, the video tracking and payments platform built on Theta. The subchain produces a new block every 2 seconds, which is much faster than the Theta mainchain. Because of this, transaction finalization on the subchain will also be significantly faster. Additionally, Theta Labs has launched a mainnet Developer Playground subchain for developers to begin creating dapps, either standalone or in preparation for launching their own subchains, as many ecosystem projects are planning to do.

Later in the blog you can find the leading Metachain launch partners already planning to release their own subchains, but community Metachain development will be a core focus in 2023 to continue building the Theta Ecosystem! In addition to a new developer education program in the works, a new Metachain-focused Theta Hackathon will begin in Q1 2023.

The Metachain launch features a new Metachain Explorer design which showcases the Mainchain and the Playground subchain:

Metachain Overview Page, from here the users can navigate to explorers of different chains: https://metachain-explorer.thetatoken.org/

Main Chain explorer: https://explorer.thetatoken.org/

Developer Playground explorer: https://tsub360888-explorer.thetatoken.org/

A newly-designed “Metachain navigation bar” has been added to the explorer pages for users to quickly jump between different chains. Users can simply click on the “Go to chain” drop-down menu on the right to see the list of the chains (see the screenshot below). Users can also click on the “Metachains” menu item to navigate to the Metachain overview page.

Subchains can be accessed via Theta Web Wallet, Theta iOS and Android Wallet (v4.0.0 update available now in most regions, with some to come later today as App Store updates), and Metamask. Instructions on how to bridge assets between the Mainchain and subchains can be found here.

For developers, below are the ETH RPC endpoint and related info for the “Developer Playground” Subchain:

Network Name: Theta Playground Subchain

ETH RPC URL: https://tsub360888-eth-rpc.thetatoken.org/rpc

Chain ID: 360888

Currency Symbol: vTFUEL

Block explorer URL: https://tsub360888-explorer.thetatoken.org/

Launch Partners

Metachain was conceived to enable use cases for Media and Entertainment companies that require higher transaction throughput and customization from their blockchains. With leading launch partners preparing to launch their own subchains, Metachain is poised for rapid growth in 2023:

Replay

Replay is the blockchain video tracking & payments platform supercharging video for web3. Replay tracks video consumption in real time, removing monetization friction for content creators and delivering unparalleled transparency into viewership and performance. Built on Theta’s blockchain protocol, Replay enables digital-ready streams that are trackable on the blockchain and available for distribution via a consumption-based model, using the RPLAY TNT-20 token to decentralize and reimagine video streaming, tracking and payments.

Replay also launched Rewarded TV, a blockchain-enabled OTT streaming service that lets viewers earn crypto in real-time for watching, sharing and engaging with their favorite content, without ads or subscriptions. Powered by Theta blockchain, viewers can today sign-up for free and enjoy premium VOD and Live TV content. Users are able to earn RPLAY, a TNT-20 Theta token, for watching, sharing and engaging with their favorite content, as well as purchase NFTs which evolve in real time to unlock exclusive token-gated content.

Symbiote Creatives / Fuse Wars

Symbiote Creatives (SC) is a family of entrepreneurs, creators, builders and experts. The team, led by founder Ivory Jones, has previous experience at AWS, Oracle, Google, SunGard, Ethereum, Unreal, Unity, and other leading companies in the tech and gaming space. Symbiote Creatives offers solutions to gaming developers to integrate their games with full blockchain and Web3 capabilities. By basing their blockchain integrations exclusively on Theta Metachain, they can deliver on their promise of unlocking innovative GameFi earnings solutions.

Much of the buzz around Symbiote Creatives is due to their highly-anticipated game FuseWars. FuseWars is a third person shooter multiplayer experience currently in development, utilizing Epic Online Services to access achievements, matchmaking and lobbies in a peer-2-peer game environment. The game has already generated a huge buzz in the Theta community and beyond, including media coverage from NFT Mag, and thex associated NFTs have the highest demand of any collection in the ThetaDrop Marketplace. Players can choose their Fuse Guardian to battle friends and control the battlefield. A closed beta version is already being tested by key community members, and open beta is expected to launch in late December 2022. Members of the beta test community routinely stream game play on THETA.tv.

Order of the Tigons

Order of the Tigons (OOTT) is a creative venture developed by Verified Labs, a Web3 production studio focused on blockchain tech, digital art, media, entertainment, and the future of the metaverse. Jon Heder (Napoleon Dynamite, Blades of Glory, CYKO KO) is one of five partners in Verified Labs, and is the artist behind the quirky hybridized space cats featured in the Tigons 2D generative NFT collection.

Order of the Tigons will be among the first projects to offer NFT staking when ThetaDrop completes open beta testing of NFT withdrawals from the marketplace. In a first-of-its-kind technology developed by the Web3 innovation firm, Fuel Foundry, Tigons staking will feature “in wallet virtual staking,” which allows NFT holders to earn rewards while keeping NFTs in their own Metamask wallets. Staking rewards will be paid in Kfuel, OOTT’s unique TNT-20 token built on the Theta blockchain, and will also be offered to Theta node operators. Kfuel will be used for governance and perks for upcoming Tigons releases, including participating in story development, tickets to premiers, casting, & with enough Kfuel, even an Executive Producer title on an upcoming Tigons animated series.

Fuse Media

Fuse Media is a Latino-owned, multi-platform entertainment company dedicated to empowering, celebrating, and amplifying young, multicultural voices. With a portfolio of award-winning original content and a growing global footprint, Fuse strives to authentically reflect the world of its young and diverse audience, pioneering a multicultural and creative destination. The Fuse Media family includes Fuse, Fuse+, Fuse Backstage, Fuse Beat, FM (Fuse Music), Fuse Sweat, fuse.tv, and Fuse Content Studio, its in-house production arm, as well as a growing branded content and live events business.

Known for empowering, celebrating, and amplifying young, multicultural voices, Fuse is uniquely positioned to support and promote education and adoption of Web3 tools and opportunities among a key underrepresented demographic in the space. Incorporating Theta-based NFTs and TNT20 tokens, Fuse is aiming to unlock a new level of engagement that strengthens their relationship with their fast-growing audience, with a soon-to-be-announced new platform build from the ground up on Metachain.

Immersive Enterprise Laboratories (IEL)

Immersive Enterprise Laboratories (IEL) is an Animation and Web3 Entertainment studio, now emerging from stealth and on a mission to deliver the next generation of entertainment and experiences. The IEL team is comprised of technology veterans and creators from the entertainment industry who are on a mission to produce the experiences needed to bring Web3 Entertainment to life. Their storytelling abilities, artistic expertise, and proficiency in entertainment technologies enable them to create compelling and engaging experiences.

IEL’s comprehensive technology stack includes real-time live motion capture, advanced motion capture stunt coordination, collaborative workflows, industry-standard 3D modeling tools, real-time rendering, visual effects, and post-production integrations. Combined with our state-of-the-art workflow, these technologies produce the highest quality visualization, style, storytelling, and visual fidelity.

TrooVRS

trooVRS is an immersive media platform for men to engage with practical knowledge and self-care-focused content across virtual editorial environments, experiences, worlds, NFTs, and eCommerce. By using VR, Web3, and blockchain technology, trooVRS aims to reinvigorate and transform the world of men’s editorial and share a new way to experience content in the metaverse. Building on the recent announcement of Fuse Media as the first Metachain partner, trooVRS continues to expand the media and entertainment industry’s adoption of Theta blockchain.

Led by CEO Adrian Whant, a digital media and advertising veteran who has held leadership positions at companies like NBCUniversal, Univision, ABS-CBN, trooVRS virtual worlds are purpose-built, where brands can hold activations such as presentations, branded content, and product demos in relevant environments such as stages, kitchens, gyms, showrooms and more. They will also be able to offer exclusive real and virtual goods and services including NFTs on Theta blockchain. trooVRS is working with leading brands to conceptualize initial activations on the platform.

Metapass

Metapass allows you to create events on Theta and sell NFT tickets so you can token gate your event and also server proof of attendance.

Conclusion

This is just the beginning for Theta Metachain! Stay tuned for upcoming subchain launches and for Theta community developers, subchain dev educational opportunities and hackathons. Join the Theta Ecosystem as we build the next generation of Web3 applications for media and entertainment!

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https://whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf

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Welcome back to The Epicenter, where crypto chaos meets corporate cringe.

But surprisingly, crypto has not been the most chaotic corner of the internet as of late.

That honor goes to the startup Astronomer, whose CEO’s cheating scandal broke the web in a glorious meme-fueled media frenzy. The company’s damage control? Hiring Gwyneth Paltrow as a “temporary spokesperson.” Do we think they’re grasping at straws or setting a new standard for PR?

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A few things that are also worth noting: Winklevoss vs. JPMorgan, Visa’s take on stablecoins, and Robinhood’s Euro drama that defies the chillness of eurosummer.

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— The Epicenter, powered by Pyth Network

 

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4 Fintech Companies 💸& Things To Know About 🤔

The fintech revolution is reshaping the way we manage, invest, and move money, breaking down traditional barriers and empowering individuals worldwide. As financial technology continues to evolve at a rapid pace, a select group of innovative companies are leading the charge by offering groundbreaking solutions that redefine banking, payments, and digital assets. Whether you’re a savvy investor, an industry professional, or simply curious about the future of finance, discovering these trailblazing fintech companies is essential to understanding today’s dynamic financial landscape.

 

  1.  Alina Invest - The AI Wealth Manager for GenZ Women

Alina is aimed at women under 25 who identify as beginner investors. They're an SEC-registered investment advisor that charges $120/year for membership. The service "buys and sells for you" and gives up notification updates of recent transactions like a wealth manager would.

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3. Akirolabs - Modern Procurement for enterprise

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4. NeoTax - Automated Tax R&D Credits

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👉 AWS and GCP log files and data are a goldmine. Last week, I covered Bilanc, which uses log files to figure out per-account unit economics. Now, we calculate R&D tax credits. The unlock here is LLM's ability to understand unstructured data. The hard part is understanding the moat, but time will tell.

In an era where technology and finance are increasingly intertwined, these four fintech companies stand out as catalysts for positive change. By driving progress in digital payments, asset management, lending, and decentralized finance, they are not only making financial services more accessible and efficient—they are also paving the way for a more inclusive and empowered global economy. Staying informed about their innovations can help you seize new opportunities and take part in the future of finance.

 

👀Things to know 👀

 

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Adyen reported 22% revenue growth and an EBITDA margin of 46% for the full year. Adyen's total revenues were $1.75bn for the full year. The margin was down from 55% the previous year, impacted by hiring ahead of growth.

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🤔 The PayPal button (branded) is losing to SHOP Pay and Apple Pay. The branded experience from Apple and Shopify is delightful for users; it’s fast and helps with small details like delivery tracking. That experience translates to higher conversion (and more revenue) for merchants.

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🤔 The "risk-based approach" has been arbitraged. A UK company with relatively low annual revenue would look "low risk" at onboarding. One business the FT covered looked like a small company at a residential address to compliance staff. They'd likely apply branch-level controls instead of the enterprise-grade controls you'd see for a large corporation. 

🤔 Hiring more staff won't fix this problem; it's a mindset and technology challenge. In theory, all of the skill and technology that exists to manage risks with large corporate customers (in the transaction banking divisions) are available to the other parts of a bank. In practice, they're not. Most banks lack a single data set and the ability for compliance officers in one team to see data from another part of the org. Getting the basics right with data and tooling is incredibly hard and will involve a multi-year effort. 

🤔 These things are rarely the failure of an individual or department; the issue is systemic. While two banks are named in this headline, the issue is everywhere. Banks need more data and better data to train better AI and machine learning. That all needs to happen in real-time as a compliment to the human staff. Throwing bodies at this won't solve the visibility issue teams have.

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What is XAH and Xahau?

If you're new to XRP, you may have noticed some of us discussing another network named 'Xahau'.

It's Like XRP ... But Different

The Xahau network was created in 2023, and its starting point was the open-source code for the XRP Ledger. A small team of researchers and entrepreneurs decided to add smart contracts to the network code.


The XRP Ledger has no smart contract capabilities, by default.

To integrate smart contracts, the team decided to use an architecture that includes 'WASM' or 'web assembly' code. Each account can have up to 10 'hooks' installed that are triggered for transactions that match specific criteria. They can run before or after a transaction is processed. This enables a variety of use cases that do not involve the need to change the network's core code.

Hooks

A 'hook' is what is known as a smart contract that can be triggered in relation to a specific account and its transactions.

The term arises from the programming world, where it generally means "code that runs based on triggering conditions." In Xahau's case, it indicates code that is run before, or after, a transaction is processed.
 
Each hook must be installed on a specific account by the party that controls the account - i.e., the secret key holder.
 
What Can XAH Do That XRP Cannot?
 
The primary benefit from the use of hooks, is that the core network code does not need to be changed every time a new use case is identified. This means that additional use cases can be addressed immediately, with no requirement for intervening steps, such as:
  • Community review
  • Community approval
  • Amendment voting
All of those steps are eliminated with the use of hooks; new use cases can be addressed as fast as the code can be developed.
 
To read more about how hooks enables Xahau to handle more use cases than even the XRPL, you can read this article:
 
Key Differences From XRP
 
Other unique differences from the XRP Ledger include:
  • Much smaller supply ~612 million coins vs. 100 billion coins
  • XAH hodlers are rewarded at 4% of their account balance. There are no rewards for XRP.
  • Governance participants are incentivized
  • Payment channels available for user-created tokens (IOUs)
  • URI tokens instead of NFT tokens
Who's Who of Xahau?
 
The list of those that are either founders, or closely associated with the founding organizations, is extensive. Here are the names of three organizations mentioned in the whitepaper, or their current moniker:
  • Xaman (a.k.a. XRPL Labs)
  • Gatehub
  • InFTF (Inclusive Financial Technology Foundation)
There exists a long list of impressive developers, architects, and technologists among the Xahau inner circle. But the three names that people associate most prominently with the leadership of the Xahau network are Wietse Wind, Richard Holland, and Denis Angell. The links to their 'X' accounts are:
 
Friend Or Foe?
 
This topic is one of the most contentious.
 
While Ripple, the company with the largest stake of XRP, showed interest in hooks early on, they ultimately decided to advocate for a different approach; the use of an EVM-based solution (Ethereum Virtual Machine) to handle smart contracts on the XRP Ledger. This decision was met with consternation by the Xaman team that had worked with them for several years to advocate for the use of hooks.
 
You can read more about the 'business politics' part of this topic here:
 
So how do Xahau fans view the relationship between XRP and XAH?
 
The Xahau team - and many of its community members - advocate for the use of a 'dual-chain' solution to implement smart contracts. This can be accomplished by the use of 'listener' software, along with native Xahau hooks.
 
A proof of concept, developed by Denis Angell, has demonstrated that bi-lateral communication can work with a simple approach.
 
From an economic standpoint, every chain that has its own digital asset is a competitor; but the simple way to think about Xahau, is that a 'bunch of XRP geeks' decided to implement smart contracts on their own version of the XRP Ledger.
 
The team emphasized transparency along the way, and initially received support from the primary XRP stakeholder, Ripple. They published Xahau as open-source code that could, in theory, be back-engineered and integrated with the XRP Ledger. You can clearly observe the team's idealistic mindset in early marketing mistakes, where they named their digital asset 'XRP Plus' in an effort to emphasize the way that they viewed their creation. While this resulted in confusion - and even suspicion - in its early days, the team quickly pivoted, and named their digital asset 'XAH', which became its ticker symbol.
 
Synergy effects between the two camps speak to a genuine camaraderie, with many Xahau developers being open and willing to help with changes to the core XRP Ledger protocol. You can find many examples of this open dialogue on the 'X' platform.
 
How To Purchase XAH
 
If you wish to speculate by buying XAH directly, it is available in a variety of convenient locations, depending on where you are located. If you're in a country that is supported by Bitrue, you can directly purchase or trade XAH by using that exchange.
 
On January 20th, 2025, Bitmart announced that it supports trading of XAH for customers in their list of supported countries; And in late March, another major exchange announced that they would be supporting XAH trading pairs: Coinex.
 
If you're located in the United States, you can purchase XAH directly from a vendor known as 'C14'. The xApp for C14 is located in the Xaman wallet.
 
XRP Ledger geeks can also purchase XAH IOUs on the XRPL Dex and then convert them to 'real' XAH using a Gatehub bridge. This is available in countries that Gatehub supports.
 
Which XAH Accounts Should I Follow?
 
On the 'X' platform, there exists two major community groups for XAH fans:
In addition to the Xahau notables I've already mentioned in this article, my advice is to take a look at who is posting in the above two communities. There are many impressive leaders and entrepreneurs included. You should be able to find multiple 'X' accounts that reflect your interests.
 
Xahau Development Roadmap
 
Xahau leaders have published a roadmap for 2025 that lists their various goals for the ecosystem:
 
To read a detailed explanation for each item, refer to this: Xahau Roadmap Super Thread
 
One of the most incredible waypoints listed is 'JavaScript Hooks Implementation.' 🤯
JavaScript!
 
With the 'JavaScript Hooks Implementation', Xahau is making history; it will enable anybody that knows JavaScript to easily create and install a smart contract. While networks like Ethereum are impressive early movers, they require developers to learn a new language and syntax.
 
Xahau will soon open 'crypto smart contracts' to a group of developers that number in the tens of millions.
 
Project L-10K
 
Project L-10K is one of the most important items in the pipeline. L-10K refers to the effort to boost the throughput of Xahau consensus to over 10,000 transactions per ledger! This will benefit hosted projects such as Evernode, and future issued assets. Heading up the effort is Richard Holland, who provided a progress update to the community in late May of 2025:
 
To learn more about this ambitious effort, you can watch his full presentation here:
The Future Of Defi And Payments
 
Once you've seen the extensive list of use cases that XAH easily handles, it's truly inspiring. Xahau is everything that you love about XRP, plus a long list of more things to love. ❤️
 
Be an early adopter of XAH and the Xahau network! Join the community groups listed and follow the accounts that seem to reflect your own interest - speculator, developer, or crypto fan. You have a place in our community, no matter what your background or interests are. Welcome to the future of crypto Defi and Payments
 
Sources:
 
 
NOTE: Payment channels for IOUs is currently in amendment status for the XRP Ledger, authored by Denis Angel here:
 
 

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2) or visit https://www.paypal.me/thedinarian

🔗 Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! Namasté 🙏 Crypto Michael ⚡ The Dinarian

 
 
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