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$27.51

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What is Livepeer?

Livepeer (LPT) is a scalable Platform as a Service (PaaS) for developers who want to add live or on-demand video to their project. The platform is working to increase the reliability of video streaming while reducing associated costs.

  • Livepeer’s open Web 3.0 video infrastructure seeks to facilitate creation of various live streaming apps, which would otherwise require the ad-supported models of the traditional tech platforms.
  • LPT token is Livepeer’s native utility token used for protocol incentivisation, staking, governance & dual mining.
  • Dual Mining allows users who run Livepeer nodes that are backed by GPUs, to also concurrently mine other GPU-based cryptocurrencies without disrupting their transcoding.

The Livepeer team state that video streaming represents over 80% of the bandwidth used on the internet. They aim to build a peer-to-peer (p2p) infrastructure that removes the high cost barriers involved in video streaming that traditional video infrastructures present.

How do I buy Livepeer?

1.
Deposit funds into your account.
2.
Enter the amount of Livepeer (or Australian Dollar equivalent) that you would like to buy.
3.
Click ‘Buy' to confirm your Livepeer purchase and your Livepeer will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.