Sliver.tv has raised $20 million in a token sale to improve esports streaming via distributed computing.
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Sliver.tv raises $20 million in ICO presale to improve esports streaming

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Sliver.tv has raised $20 million in a public initial coin offering (ICO) for a cryptocurrency that is aimed at improving the bandwidth available for esports streams. Sliver.tv wants to use the untapped bandwidth of computer users when their machines are idle. It will then use that bandwidth to provide streams to local viewers.

Those viewers will enjoy improved video quality, and the computer users will earn a cryptocurrency dubbed Theta tokens. The more bandwidth you deliver, the more you earn. you can use those tokens to send gifts to your favorite esports streamers, unlock premium content, or buy and gift virtual items.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.