Livepeer is a decentralized Ethereum-based service that seeks to reduce the cost of video streaming apps drastically. Livepeer uses networked computers to undertake resource-intensive and often expensive video transcoding activities. It accomplishes ...Morethis by distributing resource-intensive transcoding tasks to users who give the processing power of their computers to the network. There are incentives for network players, such as "orchestrators" who encode video and delegators who stake LPT tokens to assure liquidity. LPT is the Livepeer platform's native token.
A quick snapshot of Livepeer ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
A project backed by well-known investors is a strong signal for success. Take a closer look into Livepeer's investors.
Project announcements and news have a significant impact on the price. Below are live updates from Livepeer's Twitter and Reddit accounts.
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