📌 Fundamental Analysis
Item Details
🔹 Currency Name Livepeer (LPT)
🔹 Symbol LPT
🔹 Total Supply Approximately 25.9 million LPT
🔹 Concept A decentralized network for encoding and distributing videos, aimed at reducing streaming costs compared to centralized services like YouTube or Twitch.
🔹 Usage LPT is used to incentivize node operators to participate in and secure the network, and to vote in governance.
🔹 Partnerships and Community The project is a partner in some initiatives within the Web3 ecosystem and has a somewhat active community. However, it is not considered a high-profile project.
✅ Strengths:
A useful idea in the Web3 space (video streaming).
Operates on Ethereum.
Real use cases.
⚠️ Weaknesses:
The project is still in the adoption phase.
Competition from cheaper and faster Web2 solutions (YouTube, Twitch).
Low media momentum around it.
