Livepeer Price (LPT)

Currency:
LPT to AED:
1 Livepeer equals د.إ 60.94 AED+3.97%1D
Page last updated: 2024-12-15 19:28 (UTC+0)
How do you feel about Livepeer today?
Good
0
Bad
0
Note: This information is for reference only.

Price of LPT today

The live price of Livepeer is د.إ 60.94 per (LPT / AED) with a current market cap of د.إ 2.23B AED. 24-hour trading volume is د.إ 233.51M AED. LPT to AED price is updated in real-time. Livepeer is +3.97% in the last 24 hours with a circulating supply of 36.57M.
LPT Price History AED
Date ComparisonAmount Change% Change
Todayد.إ 2.326225+3.97%
30 Daysد.إ 23.61+63.27%
60 Daysد.إ 15.55+34.25%
90 Daysد.إ 18.83+44.73%

LPT Market Information

24h Low & High
Low: د.إ 57.62
High: د.إ 62.51
The highest and lowest price paid for this asset in 24 hours.
All Time High
د.إ 367.90
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.97%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+3.97%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-19.74%
The percentage change in price for this asset compared to 7 days ago.

LPT Market Information

Popularity
#147
Popularity is based on the relative market cap of assets.
Market Cap
د.إ 2.23B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
د.إ 233.51M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
36.57M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
د.إ 2.23B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-12-20

What Can You Do With Livepeer (LPT)?

Explore how to use your cryptocurrencies with Binance.

About Livepeer (LPT)

The Livepeer (LPT) project is a network built on Ethereum and focused on building infrastructure to enable developers to make video streaming applications. A network of node operators runs Livepeer, all token holders.

Each node runs the Livepeer Media Server, the project's own open-source media server. Unlike other video streaming services, Livepeer does not host or store videos but instead optimizes the use of excess computational resources to transcode video.

For developers, building a video streaming application can be expensive due to file size, hosting, and outsourcing transcoding to centralized transcoding and distribution companies. Livepeer aims to lay the groundwork for decentralized video streaming, resulting in a cheaper and scalable solution on which developers can build.

To run a Livepeer node, token holders must hold and stake their LPT tokens to delegate nodes and contribute computational power and bandwidth to video transcoding. Developers building apps using Livepeer pay fees to utilize the infrastructure. Node operators then receive these fees in ETH. 

To function, Livepeer needs several key components to work together in harmony. Similar to validator nodes, orchestrator nodes interact with the protocol and seek video transcoding jobs to send to transcoder nodes.

Transcoder nodes encode videos so that they're available to orchestrator nodes. Broadcast nodes are run by developers using Livepeer to build video streaming applications by outsourcing video encoding to orchestrator nodes.

Livepeer's native cryptocurrency, LPT, has multiple use cases. First and foremost, it serves to incentivize users by allowing them to earn both LPT and ETH for operating Livepeer nodes.

LPT tokens are also available for staking to earn rewards. LPT holders who stake their tokens can concurrently run GPU-backed nodes to mine cryptocurrencies and transcode video for Livefeed. Lastly, LPT holders can participate in governance. 

Livepeer, a decentralized video streaming network, has integrated with Aptos, a highly scalable blockchain solution, to enhance its performance and user experience. The integration aims to increase transaction throughput, reduce costs, and enable Livepeer to scale more effectively. With Aptos, Livepeer aims to better support the growing demand for decentralized video streaming infrastructure and offer improved capabilities for developers and users.

Livepeer was publicly introduced in 2017 and launched on Ethereum's Mainnet in May 2018. Its initial focus was on streaming crypto events like DevCon but later network updates enabled low-cost usage for large-scale applications. 

 Livepeer is represented by the ticker $LPT. The live price of LPT is available and updated on Binance.

People Also Ask: Other Questions About Livepeer

  1. What is LPT Used For?

    LPT is Livepeer's utility token used to pay network broadcast fees. LPT is also needed for video transcoding and distribution throughout the network.

  2. Who Is the Founder of Livepeer?

    Livepeer was founded in late 2016 by software engineers Eric Tang and Doug Petkanics, the company's current CEO. Tang and Petkanics have experience working together, having founded Wildcard Inc, with the former as CTO and the latter as VP of Engineering.

  3. What is the Maximum Token Supply of LPT?

    LPT has no available maximum supply. At the time of writing, there are approximately 28,732,878 LPT tokens in circulation.

  4. What Makes Livepeer Different From Others?

    Livepeer differs from other streaming services like YouTube because it offers a decentralized infrastructure of nodes that rewards its node operators instead of a host that streams videos directly to end users. This infrastructure also gives developers all the tools they need to create video streaming applications quickly and affordably.

  5. How To Buy LPT?

    LPT can be purchased directly from Binance using a debit or credit card and traded for other cryptocurrencies on the crypto exchange. Live LPT price is updated in real-time on Binance. Additional LPT price and purchase information is available in our How to Buy Livepeer (LPT) Guide.

LPT to Local Currency

FiatPriceOperation
1 LPT to USD$ 16.60
1 LPT to TRY$ 16.60
1 LPT to RUB$ 16.60
1 LPT to EUR$ 16.60
1 LPT to AED$ 16.60
1 LPT to AUD$ 16.60
1 LPT to BRL$ 16.60
1 LPT to VND$ 16.60
1 LPT to IDR$ 16.60
Last updated 2024/12/15 07:28 (UTC)

Video Section

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an "as is" basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance's control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.