Livepeer is a centralized video infrastructure network and an open video API designed for developers building at the intersection of video, on-chain platforms and social protocols.
It is an open source video live broadcast platform service based on the Ethereum blockchain. Livepeer Token (LPT) is the protocol token of the Livepeer network. Token holders can bind tokens to transcoders to perform work on your behalf, and earn new tokens and benefits every day.
The main reason for the pullback was because the live video broadcast used on the day BASE was released was supported by LPT.
Got great exposure. Of course, the currency itself is not weak, otherwise it would not be included in Grayscale’s investment list.