The current price of Livepeer is $14.7600. Since 00:00 UTC, Livepeer has decreased by -2.32%. It currently has a circulating supply of 36,932,433 LPT and a maximum supply of 36,932,433 LPT, giving it a fully diluted market cap of $545.42M. At present, the Livepeer coin holds the 83 position in market cap rankings. The Livepeer/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Livepeer is a crypto-incentivized protocol that provides a decentralized and highly scalable live video broadcasting platform. LPT is the name and ticker symbol for the native ERC-20 token of the project.
On 1 May 2018, Livepeer released the alpha version of their platform on the Ethereum Mainnet. The project was created to find an economically efficient alternative to centralized broadcasting media. Users can upload videos to the Livepeer Network, where the nodes encode them into compatible formats for different devices. The broadcasters pay those who run the nodes via ETH.
The live stream is distributed in real-time to those who request views. Users can utilize Livepeer's services for pay-as-you-go consumption, uncensored live journalism, highly scalable video service infrastructure, and decentralized applications (DApps) that support video. Inside the ecosystem, LPT is a staking token primarily used to pay essential players of the system.
The platform uses the open-source Livepeer Media Server or LPMS, enabling DApp developers and broadcasters to build every necessary live stream functionality. Secondly, to ensure the network's decentralization, Livepeer runs each node through LMPS and provides developers with economic incentives.
Livepeer's consensus system has two different layers. The first is a proof-of-work mechanism that ensures the security of various financial transactions inside the ecosystem. Additionally, the platform defines an eligibility criterion for participation in governance performed through Livepeer Smart Contract. The second consensus layer is based on Delegated Proof of Stake (DPOS) and determines the distribution of newly generated LPT tokens.
The key players in the ecosystem of Livepeer Network are broadcasters, transcoders, and consumers. The decentralized governance structure of Livepeer takes budgetary decisions, maintains network parameters, and executes required project updates.
LPT price and tokenomics
There is an estimated total supply of 24 million LPT tokens. The token is inflationary, meaning new LPT tokens will be generated and distributed over time, affecting their price. As a staking token, LPT is used by ecosystem participants to coordinate the distribution of different roles and workloads. To tackle inflation, new tokens are allocated to holders in proportion to their bonded stake. The LPT price thus depends on the platform's performance and the new tokens generated.
In October 2018, 63% of the then-total LPT supply was distributed based on the algorithm of Merklemine via a public sale. Being a pre-mined token, 19% of the supply was allocated to pre-sale buyers. The remaining tokens were allocated to the core team, grants, and future reserves.
About the founders
Doug Petkanics and Eric Tang founded Livepeer. Petkanics, an alumnus of the University of Pennsylvania, has extensive experience in technical roles in companies like Accenture and AT&T Labs Research. Tang has an educational background in engineering and business and years of technical expertise. Before founding Livepeer, Petkanics and Tang worked at Groupon and Wildcard Inc.
On 3 August 2021, Livepeer raised $20 million for the project's future development. The fundraising was led by old supporters like Digital Currency Group and Coinfund and investors like Coinbase Ventures, Warburg Serres, and Mike Dudas's Six Man Ventures.
Show more
Show less
Similar market cap crypto
Listed crypto with similar market cap in the last 24h.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.3K new posts about Livepeer, driven by 141 contributors, and total online engagement reached 85K social interactions. The sentiment score for Livepeer currently stands at 85%. Compared to all cryptocurrencies, post volume for Livepeer currently ranks at 4344. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Livepeer.
Powered by LunarCrush
Posts
1,333
Contributors
141
Interactions
85,357
Sentiment
85%
Volume rank
#4344
X
Posts
1,325
Interactions
85,217
Sentiment
86%
LPT FAQ
How much is Livepeer worth today?
Currently, one Livepeer is worth $14.7600. For answers and insight into Livepeer's price action, you're in the right place. Explore the latest Livepeer charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Livepeer, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Livepeer have been created as well.
Start your crypto journey
Faster, better, stronger than your average crypto exchange.
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
