Livepeer (LPT) is a decentralized blockchain-based video infrastructure token gaining attention in crypto markets. It powers Livepeer, a network that decentralizes video transcoding and streaming, offering a more cost-effective alternative to traditional centralized services by using a peer-to-peer protocol. Participants stake LPT to secure the network, earn rewards, and help route video workloads, while holders can vote on governance decisions that shape the project’s future. Currently trading around a few dollars with a market cap in the low hundreds of millions, LPT remains popular among developers and investors curious about Web3 video technology and real-world blockchain use cases.

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