Livepeer (LPT) USD Price
Livepeer Price Data
Livepeer (LPT) currently has a price of $6.62 and is up 1.41% over the last 24 hours. The cryptocurrency is ranked 213 with a market cap of $197.2M. Over the last 24 hours, it saw $23.9M of trading volume. The token has a circulating supply of 29.9M tokens out of a total supply of 29.9M tokens.
Livepeer is a decentralized video infrastructure platform built on Ethereum blockchain that offers a scalable and cost-effective livestreaming solution. It incentivizes network participants to contribute their computing resources through a unique token economy, allowing anyone to become a video service provider and earn rewards. By utilizing a network of connected nodes, Livepeer efficiently transcodes and distributes video streams, improving scalability and reducing costs compared to traditional centralized streaming platforms.
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