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Livepeer is a platform for decentralized live video broadcasting on the Ethereum network. It comprises a P2P infrastructure that runs on the Ethereum blockchain. The platform capitalizes on the growing video streaming sector and improves the current infrastructure-related problems. Essentially, its network works by transcoding broadcasters’ video files into appropriate formats for consumption.
VOL/Mcap | 7% |
Volatility | 4.7% |
Circulating | 100% |
LPT Foundation
Foundation
Corporate Investors
Investors
Video streaming is an industry based on time and cost, so this project is trying to reduce time and cost by decentralization. In case of significant success, we will face the transformation of the industry and the explosive growth of this project.
LPT currently has a market cap of less than $500 million with a rank of 165, which means it has good potential for growth.
This token is placed in the artificial intelligence fund of Grayscale company with a share of 9%. On the other hand, among the investors of this project, there are also reputable names such as Coinbase, Pantera, Digital Currency, and Compound, which shows the confidence of large corporate investors in the future of this project.
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