# What is RAE Token?

### RAE Token is the compensation protocol for creators.

Its mission is to be the best protocol to compensate creators, empower fans, and strengthen the direct connection between the two.

The RAE ecosystem achieves this goal by:

1. using the RAE Token to distribute ecosystem value, and
2. removing the interfering stakeholders of other models (e.g, advertisers and overbearing platforms.)

RAE Token is a payment infrastructure that allows creators to package their content with other creators, providing them with better economics and flexibility. It treats creators like founders of the network by providing them autonomy and has proven to be a better compensation model. This autonomy means creators can take breaks to avoid burnout and can try out different content without fear of losing their income overnight.

Simply put, creators are removed from the YouTube rat race and empowered to find their path with their fans. 

[Learn more: RAE Token Quick Intro.](https://intro.raetoken.org/)

# How Can I Use RAE Token today?

Creators can apply to start a Rokfin channel to earn RAE Token. [Apply here.](https://rokfin.typeform.com/to/B1H0V9)

Fans and other users can stake RAE Token for a free premium subscription to all of the premium content on Rokfin. [Stake here.](http://rokfin.com/stake)

# How Many RAE Tokens Are There in Circulation?

The circulating supply is dynamic and is currently ~7.1 million tokens. 

RAE Tokens are continuously minted (created) to distribute value to creators and burned (verifiably destroyed) to access premium ecosystem content. 

To date, 12.2 million RAE Tokens have been minted of the 34 million total supply cap, and 5.1 million have been burned and removed from circulation forever.

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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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