What is Livepeer?
Liverpeer is Ethereum network based fully decentralized video steaming network for everyone. Livepeer claims that they have built world’s open video infrastructure that open for developer, streamer, creator and more to share their content or message. its protocol will be serving live media layer on web 3 stack under decentralized development. As protocol will be focusing on decentralization, scalability, crypto token rewards and more.
Currently thousand of centralized broadcaster providing streaming solution but they failed manage high volume audience. Market available platform are still more expensive result into some people not able access their services due to cost. so, Livepeer in addition will working towards providing economically efficient alternative for existing broadcaster. in the solution project trying to being more resilient with maintaining no single point failure.
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Livepeer infrastructure will be open for development and it will be having censorship free perspective that gives more freedom to broadcaster. Liverpeer protocol built on multiple combination feature that include peer to peer network, media server and crypto economic protocol. while processing video, broadcaster will be sent request of stream to liverpeer which is middle layer before it goes live. In this processing Livepeer takes care of conversion into multiple formats and also bitrate to increase reach.
Livepeer Price Prediction
|Month & Year||LPT Price Prediction|
|Based on||Live video streaming|
|All-time high||$44.13 USD|
|Exchange Platform||Bithumb, Poloniex, Gate.io, sushiswap, 0x Protocol, Hotcoin, CoinEx, Bilaxy, BiKi, ZBG, MXC|
LPT ICO Overview
|Date of ICO||27th July 2018|
|ICO Price||$2.25 USD|
Livepeer token Price Analysis
Liverpeer Token is protocol token that nothing to with transaction on the platform. however, Platform will continue to using standard token ETH to perform different option on the platform. LPT was distributed at $2.25 USD in ICO sale that carried out in 2018. Surprisingly, LPT after listing not able to match expectation, where at one-point LPT drop to $1 USD in value. LPT in 2021 almost completed 2 year of launch and now it almost surged by 40x in price and takes entry into top 100 projects. As of writing, LPT very close to reach $50 USD mark and listing on bithumb and OKEx increases reach to many new investors.
Is Livepeer a best Live video Streaming Blockchain Project?
Livepeer has great team and they working since 2017 which is before first wave crypto, as they improving technology to complete requirement current demand.
Live Video Streaming is currently one of the most demanded technology as well as most requested platform. it simply gives freedom express without number of user restriction and censorship. Live Streaming needed decentralized upgradation because centralized still lacking many features as well as censorship restriction. Theta Network is currently biggest competitor for Livepeer, but this platform more dedicated to Live steaming that simply brings more feature of single niche. Livepeer defiantly gains attention from creator, publisher and more broadcaster.