Livepeer
LPTWhat is Livepeer (LPT): complete guide for Beginners and Investors
Livepeer is a decentralised network for video transcoding — converting streams into the formats and bitrates viewers need.
Rate
At this moment, the price of Livepeer is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Livepeer has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
Founded in 2017 to attack a real and expensive problem: transcoding is one of the largest costs in running a video platform.
Technology
Node operators stake LPT to earn transcoding work and are paid in fees; poor work is penalised through the stake.
Use cases
LPT is traded as exposure to decentralised infrastructure, and increasingly to demand for GPU capacity for AI video work.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: lPT is traded as exposure to decentralised infrastructure, and increasingly to demand for GPU capacity for AI video work. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.
Livepeer details
| Ticker: | LPT |
|---|---|
| Website: | https://livepeer.org |
| Type: | Cryptocurrency · Infrastructure |
| Founder: | Doug Petkanics, Eric Tang |
| Launch: | 2017 |