The Neko token is the designated Utility token for the Maneki Marketplace which in turn was born out of a grant from Conflux Network back in 2021. We were the first NFT project grantee of Conflux and have since evolved into an integrated NFT Marketplace and talent nurturing platform with a focus on being the ‘OpenSea’ equivalent for the China market – leveraging on our umbilical cord with Conflux Network. 

Another feature of the Maneki Marketplace will be the first coin and NFT-based Lending Protocol. All these features of the Maneki Marketplace is centred on the Proof of Provenance by Artificial Intelligence (PoP-AI) which provides automatic Proof of Provenance services of all NFTs traded or pledged in the ecosystem – and charges a fee in Neko token, thereby ensuring a healthy utilisation and burn rate for the token.

In the immediate pipeline are plans to opensource PoP-AI to the world and institutions (through the Maneki Foundation) to ensure wider usage and continuous evolution. The Maneki Foundation will be identifying universities and institutions with the aim of providing grants for more PoP-AI projects throughout the world.

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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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