Livepeer is a decentralized video streaming protocol on Ethereum. LPT is its token, used for network operations and rewards.
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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...
As of now, Livepeer is trading at 6.237 USD, with a 24-hour trading volume of approximately 8.48M USD. The LPT to USD price is updated in real time. Over the past 24 hours, Livepeer has decreased by 6.08%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 250.58M 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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