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Launched in 2017, Livepeer is the first fully decentralized live video streaming network protocol, designed to provide an economically efficient alternative to centralized broadcasting for both new and existing broadcasters. It aims to serve as a scalable, crypto token-incentivized live media layer within the decentralized web (Web3) stack. The Livepeer Protocol employs a delegated stake-based system to incentivize participants in a secure, game-theoretical manner, while also offering solutions for scalable verification of decentralized work and preventing misuse of token allocations in an inflationary environment. The protocol has been audited by CER.live, ensuring its reliability and security.
ERC-20 token