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Livepeer
Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It provides the infrastructure for developers to build video applications at a lower cost and with greater scalability compared to traditional centralized services.
Distributed
Description
Livepeer is a decentralized video streaming network that allows anyone to integrate video content into their applications. By leveraging a peer-to-peer network of computer operators (orchestrators), Livepeer can transcode video at a fraction of the cost of centralized cloud providers. The network is powered by the Livepeer Token (LPT), which is used to secure the network and coordinate the work of orchestrators. Developers can use Livepeer's simple API to build a wide range of video-enabled applications, from streaming platforms to social media apps. The project is community-driven, with a governance process that allows token holders to participate in the network's evolution.Grant Funding
VC Funding
None
2019
$0
$8M