🎥💻 Discover Livepeer (#LPT ) – The Decentralized Infrastructure for Video Streaming!
In an era dominated by video on the internet, Livepeer emerges as a revolutionary solution that combines blockchain and streaming services to create an open, decentralized, and cost-effective system.
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🔍 What is Livepeer #LPT ?
A platform built on the Ethereum network
Aims to provide decentralized video transcoding services
Reduces costs by up to 50x compared to centralized solutions like AWS and YouTube
💡 What makes it special?
✅ A network of participants (Node Operators) that engage in video transcoding in exchange for rewards
✅ Use of LPT tokens to incentivize participants and secure the network
✅ Support for Web3 projects such as live event streaming, NFTs videos, and more.