Livepeer is a platform for content creators. Specifically, we are talking about video creators. They can transcode their videos on Livepeer for streaming.
MoreYou can use Livepeer when you create video content. Streaming video content is made a lot easier and cheaper by Livepeer. As a content creator, you can use a base set up by Livepeer. So you don't even have to develop anything for this anymore.
MoreWant to buy Livepeer? At Coinmerce you buy Livepeer (LPT) with iDEAL, SEPA, Bancontact, Giropay, MyBank and credit card (Mastercard and Visa).
MoreYou buy Livepeer by entering how many LPT tokens you want to buy in the buy window on this page. Once entered, you can choose what kind of order you want to place. You have a choice of the standard market order, where you buy LPT tokens at the market price, but can also place a stop-limit order or repeating order. This makes Coinmerce a suitable platform for both beginning and advanced crypto traders. After you place the order and successfully complete the payment, you will find your LPT tokens in your personal crypto wallet. Simply within your account at Coinmerce. Here you can keep your LPT tokens safe, because Coinmerce keeps most of all tokens in cold storage. Of course, you can also send the Livepeer crypto tokens to your own wallet, such as a hardware wallet from Ledger or Trezor.
Livepeer is a platform for content creators. Specifically, we are talking about video creators. They can transcode their videos on Livepeer for streaming. This is important because streaming was actually always done on central platforms. Think YouTube and Netflix, for example. These central platforms have the advantage of being highly visited, but take power away from the video creators. Application builders can also use Livepeer. Within the network, they can build applications that focus on streaming. The network is set up specifically for this industry, allowing developers to get started already with a good framework. The advantage is that the transcoding of videos is decentralized. In fact, Livepeer is a decentralized blockchain made up of a large number of computers. Livepeer reduces the cost of streaming video content; up to 50 times! This also greatly benefits end users, as they have to pay less money to view video content. LPT is Livepeer's token and is used within the platform to transcode videos. Also, when you want to use the other services Livepeer offers, you have to pay for them with the LPT tokens.