Livepeer: Decentralized video streaming, LPT token powers network roles.
Livepeer is a decentralized video streaming protocol on Ethereum. LPT is its token, used for network operations and rewards.
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What is Livepeer (LPT)?
Founded in 2017, Livepeer is a protocol designed for decentralized video streaming. It utilizes a peer-to-peer infrastructure on the Ethereum blockchain to address challenges in the streaming industry, such as high costs associated with streaming and transcoding raw videos. The goal is to create a more scalable and affordable streaming solution by transforming broadcasters’ videos into suitable formats for viewers. Livepeer’s network operates with three main stakeholder groups: developers, users, and broadcasters. Developers build applications featuring live or on-demand video capabilities, powering video services for users who watch content like gaming, education, or entertainment. Broadcasters, such as streamers, use the platform to stream content while reducing infrastructure costs. The...
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Livepeer price live information
As of now, Livepeer is trading at 3.2879 USD, with a 24-hour trading volume of approximately 449.84K USD. The LPT to USD price is updated in real time. Over the past 24 hours, Livepeer has decreased by 6.5%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 132.09M USD. Currently, there are 40 175 784.24079 LPT in circulation out of a maximum supply of 40 175 784.24079 LPT.
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