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Livepeer

LPT

  • Infra
  • Streaming Media
Established Year
2017
Headquarter
United States
Operating Status
Active
Ecosystem
EthereumAptosArbitrum
Livepeer is a decentralized video streaming network that enables developers to build video streaming applications. This solution serves as the live media layer in the decentralized (web3) development stack. The network is run by a decentralized network of token-holding node operators and powers both traditional and web3 video streaming at reduced prices compared to existing cloud providers.

Financial Portfolio

Funding

Series B1
5 Investors
$20 M

Recent News

Frequently Asked Questions

What Is Livepeer (LPT)?

Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain)-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies. To learn more about this project, check out our deep dive of [Livepeer](https://coinmarketcap.com/alexandria/article/what-is-livepeer). As stated in the [official Livepeer whitepaper](https://github.com/livepeer/wiki/blob/master/WHITEPAPER.md#introduction-and-background), the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer aims to streamline the broadcasting process by allowing producers to submit their work on the platform, taking care of reformatting and distributing the content to users and streaming platforms.