Livepeer (LPT) USD Price

Livepeer Price Data

Livepeer (LPT) currently has a price of $20.23 and is up 7.073% over the last 24 hours. The cryptocurrency is ranked 129 with a market cap of $653.1M. Over the last 24 hours, it saw $56.3M of trading volume. The token has a circulating supply of 32.3M tokens out of a total supply of 32.3M 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.