Livepeer (LPT) price

In 2017, the founders of the Livepeer project formed a company called Livepeer, Inc. to help facilitate its early development, bootstrap the network’s supply and demand sides, and guide the project’s path to decentralization. Livepeer is the primary online resource for participants and users of the Livepeer network.

Mission

Through the power of open source software, the harnessing of underutilized resources like compute and bandwidth, and the use of cryptoeconomic incentives for bootstrapping and participation, there is an opportunity to deliver an infrastructure that can power video streaming applications at a highly efficient price, and infinite scale. Along with the proliferation of high quality cameras and ubiquitous bandwidth, the belief is that this will enable video applications to be created that were never before possible under traditional, centralized cost structures, which unlock communications, economic opportunity, and entertainment for society going forward.