Livepeer Price Data
Livepeer (LPT)
currently has a price of
₹136.96
and is
up
7.66%
over the last 24 hours. The cryptocurrency is ranked
359
with a market cap of
₹6.8B.
Over the last 24 hours, it saw
₹683.2M
of trading volume. The token has a circulating supply of
49.7M
tokens out of a total supply of
49.7M
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.