Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies.
Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It aims to provide a scalable and cost-effective infrastructure for live video broadcasting. Livepeer leverages blockchain technology to create a decentralized network of nodes that contribute computing resources to process and deliver live video streams.
How to Buy Livepeer (LPT)?
You can buy Livepeer (LPT) here on Toobit with USDT. Read our guide on How to Buy Crypto on Toobit for more information.
What Does Livepeer (LPT) Stand for?
Livepeer (LPT) stands for "Livepeer Token." Livepeer (LPT) is the native utility token of the Livepeer network, which is a decentralized video streaming platform built on the Ethereum blockchain.
What is Livepeer (LPT) Price Now?
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What is Livepeer (LPT) Used For?
Livepeer LPT token is used to pay for network broadcast fees. LPT is required for video transcoding, distribution and distribution across the network.