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Livepeer LPT |
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$5.04 |
-1.68% (24h) |
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Marketcap |
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$202,890,275 |
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Volume 24h |
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$14,996,893 |
Description
Livepeer (LPT) is a decentralized video streaming network built on Ethereum.
Launched in 2017, Livepeer aims to reduce the costs of video streaming by decentralizing the process of encoding and distributing video.
LPT, the platform's native token, is used to incentivize participants who provide computing power for video processing, as well as for governance purposes.
Livepeer allows developers to integrate scalable video features into their applications without relying on centralized infrastructure.