Livepeer

Livepeer USD

LPT

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Livepeer is a platform for video transcoding and distribution. Users will be able to create and broadcast video sessions to its viewers on a global scale by sending their videos to the Livepeer network, which will transcode the data to the formats and bit rates that the viewers can consume. Fees are paid to the transcoders by the broadcasters in a form of the platform token, the LPT.

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