Livepeer - An open source video infrastructure platform

Livepeer (LPT)

What is Livepeer?

Livepeer is a decentralized streaming platform aiming to elevate the creation and broadcast of videos in a decentralized way. Creators can earn rewards for their videos and not be restricted or de-platformed by central authority censorship. Which seems to be especially useful in our current climate.

Why does Livepeer have value?

Livepeer gives more freedom and financial incentives to video creators and offers potential income to users/viewers and providers of bandwidth through awarding tokens and staking. A type of user, called an orchestrator, can validate operations on the network using their computers.

Livepeer is completely decentralized and depends on node operators and GPU providers from across the world. The platform is open-sourced and not controlled by a single-entity which allows for creators to earn the lions share of revenue and also ensures that specific content won’t get blacklisted.

What are the benefits of Livepeer?

●       Content creators can broadcast and distribute their videos in a P2P decentralized network.

●       Network decentralization means that content is not subject to censorship or de-platforming.

●       The platform offers helpful tools for the creation and editing of videos.

What are the disadvantages of Livepeer?

●       There are more successful decentralized streaming platforms backed by established enterprises.

●       Do creators and viewers care to switch from behemoth’s like YouTube to start again on a more decentralized network?

What are LPT’s tokenomics?

The maximum supply of LPT is 22,906,951. 2.8 million were distributed among founders and developers; 4.3 million were allocated to pre-sale investors; and 14.5 million were distributed through crowdsales.

Who founded Livepeer?

Doug Petkanics and Eric Tang.

Who are Livepeer’s investors?

Livepeer has conducted 4 funding rounds, raising $31 million. The main investors are CoinFund, Digital Currency Group, Animal Ventures, Northzone, 6th Man Ventures, Coinbase Ventures, Compound, Notation Capital, and StakeZero Ventures.

Concise Crypto Grade:

B+  :Livepeer is on to something big here. With the recent trend of large tech companies controlling narratives through bans Livepeer is decentralized and prevents censorship. There are obviously some challenges with that as well; but the network, incentive structures, quality, and user base is very strong. Plus, Livepeer is backed by some of the biggest names in venture funding including Coinbase Ventures and DCG. We believe Livepeer could see extensive growth in content creators and users over the next few years.

Where can I buy LPT?

Binance, Coinbase Exchange, KuCoin, Bithumb, Crypto.com.

What ecosystem does Livepeer run on?

Ethereum