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Livepeer

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About Livepeer (LPT)

Livepeer is a decentralized video streaming network built on the Ethereum blockchain and aims to decentralize live video broadcasts over the internet. Its Livepeer Media Server (LPMS) product offering is an open-source implementation of a media server that provides all of the features necessary for decentralized application (dApp) developers and existing broadcasters to build live video functionality into their applications.

Token

LPT is an ERC-20 token and serves as the protocol token on the Livepeer network. Participants who want to perform validation work on the Livepeer network must stake LPT.

LPT can be stored in a crypto wallet and custodian like Gemini.

Supply

There is no max supply of LPT tokens.

Livepeer website

Livepeer technical documentation

Learn more about Livepeer on Cryptopedia:

Livepeer (LPT): Decentralized Video Transcoding for Streaming and Broadcasting

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The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.