Kleomedes is an infrastructure provider that self-hosts nodes that validate IBC networks. We are active in supporting the chains we validate through providing infrastructure support in the form of RPC endpoints and relayers. 

As a DAO, we have a community of delegators who are active in the discussion of governance on all the chains we validate.  We are one of the only validators in the Cosmos Ecosystem that places 100% of profits under the control of DAO governance. 

We support innovation in the Cosmos Ecosystem by funding and supporting projects that we believe, support the growth and decentralization of the networks we validate.

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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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