Livepeer is an open-source decentralized video streaming network built on the Ethereum blockchain. It encourages developers, content creators, and viewers to create and engage with video content in a more efficient, cost-effective, and autonomous manner.
Company Details
- Native Token: LPT
- Founders: Eric Tang, Doug Petkanics
- Founded: 2018
- Headquarters: New York City, United States
Key Features:
- Transforms any raw video into numerous formats and resolutions for smooth playback on any device.
- Utilizes Ethereum for payments and governance that ensures secure decentralized transactions.
- LPT is its native token used for governance, earning rewards, and staking.
- Ensures secure quality and authenticity of transcoded videos by using a verification mechanism.
FAQs
1. Who founded Livepeer?
Eric Tang and Doug Petkanics
2. What is the LPT token used for?
LPT is Livepeer's native token used for governance, earning rewards, and staking
3. When was Livepeer founded?
2018
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