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Reasons to Buy Livepeer (LPT)

• LPT was the world’s first decentralized video streaming infrastructure.
• LPT is the native utility token of the Livepeer ecosystem.
• It is an open-source platform that allows developers to suggest changes freely.
• LPT token is a part of Livepeer’s delegated-Proof-of-stake security system.
• It has a market supply of nearly 21 million coins, while the maximum supply is limited to 22 Million LPT coins.

Livepeer was launched in 2017 by Livepeer Inc that was founded by Doug Petkanics and Eric Tang.

It started with the aim of decentralizing the video streaming network and directly competing with centralized service providers like Twitch. Livepeer came out to be the first live video streaming network protocol that is open-source and decentralized in nature. It has various use cases such as video-enabled decentralized applications, uncensorable live journalism solutions, pay-as-you-go streaming platforms, etc.

Things to consider before buying Livepeer (LPT)

• Livepeer is broadcasters that have large audiences, and high streaming bills or infrastructure costs as the platform helps to reduce costs or infrastructure overhead.
• The platform is also accessible for users who want to stream video, gaming, coding, and educational courses.
• Developers who want to build applications that include live or on-demand video can use Livepeer to power their video functionality.

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