|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Country of Origin||US|
|Genesis Date||1st October 2018|
|Max Coin Supply||26,140,137|
Livepeer (lpt) is a digital asset ranked as #132 in BitCourier Cryptocurrency List with market capitalisation of £223.67 M. Pound Sterling. In the last 24 hours Livepeer's trading volume exceeded £11.12 M.
Current price - £8.56 GBP. Exchange rate lpt to USD is $10.07 for one coin.
During the last calendar year Livepeer price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -16.13%. (lpt)'s peak price (All-time high) was £73.10 per coin, this point was reached on 9th November 2021 . From that moment till today Livepeer has lost -88.28% in value.
Ratings by crypto community, developers and liquidity are 32.275, 63.178, 48.675.
Livepeer is a decentralized video transcoding network built on the Ethereum blockchain. Thanks to the protocol, broadcasting and streaming services in the video layer of the Web 3.0 stack are cost-effective. The project aims at delivering a decentralized live video streaming network protocol that is scalable and crypto token incentivized. Additionally, it provides an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster.
The major players in the Livepeer network are developers, token holders, and video miners. The Livepeer network uses Livepeer Token (LPT) as the protocol token. However, LPT is not the medium of exchange token, but Ethereum's Ether (ETH) is used to broadcast video on the network. LPT is the staking token that bonds the proof of stake system, routes work through the network, and forms a SectorCoin concept. Nodes who contribute processing and bandwidth earn ETH in the form of fees from broadcasters.