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Livepeer: Is LPT a HIDDEN GEM?? My Review!! 📺

📲 Insider Information in my Socials 👉
🛒 20% Binance Low cost 👉
👕 “Blockchain” Hoody 👉
🔥 TOP Crypto TIPS In My Publication 👉


📺Important Movies📺

Algorand Defined 👉
Coinbase Itemizing Standards 👉
Theta Cryptocurrency Defined 👉
High Cryptocurrencies For 2021 👉


0:00 Intro
2:08 What’s Livepeer?
5:29 How Does Livepeer Work?
8:53 LPT ICO And Tokenomics
11:51 LPT Worth Evaluation
14:40 Livepeer Roadmap
17:17 Livepeer vs. Theta
19:36 Conclusion


⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► Livepeer Protocol Web site:
► Livepeer Inc Web site:
► Livepeer Defined:
► Livepeer Explorer and LPT Staking:
► Livepeer Governance Course of:
► Livepeer Roadmap:


👨‍🏫What’s Livepeer?👨‍🏫

Livepeer was based in February 2017 by Doug Petkanics and Eric Tang. They received into crypto due to Ethereum in 2016 and had been a part of its early developer group engaged on NFT know-how

For the reason that starting, Livepeer’s mission assertion has been to ‘Construct The World’s Open Video Infrastructure’. Livepeer is designed to deal with the most costly step of the video streaming

This step is known as transcoding, and it includes formatting video content material in order that it may be streamed on a number of completely different units throughout a number of completely different networks

⛓How Does Livepeer Work?⛓

There are two key gamers within the Livepeer protocol: orchestrators and delegators. Orchestrators present transcoding providers for incoming video streams

To make sure orchestrators do their jobs appropriately, they need to stake LPT tokens to offer transcoding providers. In the event that they fail to correctly transcode a video stream or act maliciously, a part of their stake is slashed

Delegators present a further layer of safety to the Livepeer protocol by staking LPT on orchestrators with an excellent observe file

💸LPT ICO and Tokenomics💸

LPT had an preliminary provide of 10 million. Of this preliminary provide, simply over 12 p.c went to the Livepeer workforce and its founders, and solely 5% was stored as a monetary reserve for the mission

19 p.c was offered to personal traders throughout two token gross sales in 2017 which collectively raised just below 4 million {dollars}. The LPT offered throughout these gross sales was priced at 94 cents and a whopping 3 {dollars}

As a substitute of an ICO, Livepeer airdropped 63% of LPT’s preliminary provide to all Ethereum wallets holding at the least 0.1 ETH shortly earlier than the primary internet launch. Roughly 2.4 LPT was airdropped to over 2.6 million wallets

📈 LPT Worth Evaluation📈

Regardless of LPT’s terrific tokenomics, its worth efficiency has been fairly lackluster. LPT has solely gone up by about 5x because the begin of the yr, which is considerably lower than most different cryptocurrencies

As a result of LPT was airdropped to tens of millions of Ethereum holders, anybody who claimed that LPT and by no means bothered to promote it on an alternate might be doing so now that crypto is again within the information

The second motive why LPT is perhaps performing so poorly pertains to the primary and that’s an absence of alternate help till very just lately

The third and most obvious motive is an absence of use instances for the LPT token. The one actual demand comes from orchestrators and delegators trying to stake LPT

📅Livepeer Roadmap📅

As to what comes subsequent for Livepeer, co-founder Doug Petkanics detailed a roadmap for 2021 and past in a latest weblog publish

Naturally, the first factor Livepeer Inc shall be doing is driving demand for the Livepeer protocol by way of their paid platform providers

When it comes to know-how, Livepeer Inc needs to introduce stream content material recognition software program for orchestrator nodes.

🤼Livepeer vs. Theta🤼

If I had been to match each tasks utilizing a single sentence, Theta is principally the whole lot that Livepeer is working to turn out to be

Theta’s relentless development has landed each of its tokens within the high 100 I believe each Theta and TFUEL have seen most of their development throughout this bull market

Regardless that LIvepeer is considerably smaller than Theta, this additionally signifies that it has rather more room to develop as a mission and as a cryptocurrency.


📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.

#livepeer #LPT #crypto #binance #streaming #theta #altcoin #grayscale

Source: Coin Bureau

34 Responses

  1. Guy's presentations are the gold standard for crypto information. There are many expounding that virtues of various crypto coins/tokens none of whom have the clarity, conciseness nor quality of information given in these vlogs. Some are pitifully shambolic.

    In summary: if you want quality information given clearly in a format easily understood this is quite literally the Guy to come to.

  2. I'm not sold. The project sounds interesting but to token does not. I came here because of the staking teaser rates on binance hoping to find my next investment but it feels too much like a roulette wheel spin. Although Theta sounds a bit promising. If I invest in Theta in the future, maybe I will hedge the risk with some LPT.

  3. The recent trend is the fact that cryptocurrency traders can never be poor, cryptocurrency is the best form of investment anyone can carry out now. Sometimes when we have that specific money that we want to invest in a particular thing, we always focus on losing or spending it in something else. One reason you need to invest in cryto and it's technology is because; crypto is changing the shape of the economy of any nation that approaches technology and that way being an early adopter gives you an edge over others that will by into it late.

  4. Cant ever see the fiat system been replaced. All the mineral resources from Africa are took as there currency is so bad and suits the west. Sure when Gaddafi wanted 1 single currency for Africa he was killed. My thoughts on it

  5. Sounds like a great coin. Love coins like this great technology. Great to see homework done on this coin. Sounds great feature to recognise content with AI. Adult and illegal content should be removed but not to point of google.

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