Livepeer profile
Livepeer Profile (LPT)
Rating: C | Good
Adventurous Small Cap
Project Safety Score

Mon, Jan 24, 2022 9:48 AM

C
Rating Good
Market Cap $510633901.71619
24hr Volume $35020556.081365
Price $24.126728911637
Review

Livepeer

coin

The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster. In this document we describe the Livepeer Protocol - a delegated stake based protocol for incentivizing participants in a live video broadcast network in a game-theoretically secure way. We present solutions for the scalable verification of decentralized work, as well as the prevention of useless work in an attempt to game the token allocations in an inflationary system. The Livepeer Token (LPT) is the protocol token of the Livepeer network. But it is not the medium of exchange token. Broadcasters use Ethereum's Ether (ETH) to broadcast video on the network. Nodes who contribute processing and bandwidth earn ETH in the form of fees from broadcasters. LPT is a staking token that participants who want to perform work on the network stake in order to coordinate how work gets distributed on the network, and to provide security that the work will get done honestly and correctly. LPT has the following purposes: It serves as a bonding mechanism in a delegated proof of stake system, in which stake is delegated towards transcoders (or validators) who participate in the protocol to transcode video and validate work. The token, and potential slashing that occurs due to protocol violation, is necessary in order to secure the network against a number of attacks. More below. It routes work through the network in proportion to the amount of staked and delegated token, essentially serving as a coordination mechanism. It is a unit of account that is specific to the Livepeer ecosystem, which forms the basis of a SectorCoin concept, applicable to additional functionality to be introduced in the future. Services such as DVR, closed captioning, ad insertion/monetization, and analytics can all plug into the Livepeer ecosystem and potentially make use of the security provided by staking LPT. An initial allocation of Livepeer Token will be distributed so that stakeholders can fulfill various roles in, and use the network, and then additional token will be issued according to algorithmically programmed issuance over time. Following the conventions of Ethereum and many popular ERC20 tokens, LPT will be divisible by 10 ^ 18, with larger denominations such as the LPT itself intended to be used for user level transactions such as staking, and smaller denominations intended to be used for protocol accounting.

Read more in the whitepaper:
https://github.com/livepeer/wiki/blob/master/WHITEPAPER.md

Livepeer Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Livepeer Safety Report

Livepeer has a safety score of 5.8

Livepeer is a small cap coin.

Livepeer is suited to a adventurous investment style.


Livepeer Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • bitcointalk thread
  • tradingview profile

Livepeer Red Flags

There are currently no Livepeer red flags.


Livepeer Development Score

The Livepeer project has 101 active source code repositories.

The most recent commit was Fri, Jan 21, 2022 6:15 PM

  • 458 Watchers
  • 1479 Stars
  • 1255 Mentionable Users
  • 0 Vulnerabilities
  • 111 commits in the last 28 days.
Highlights:
  • extremely high stars
  • extremely high mentionable users
  • extremely high repo stars
  • daily repo updates
  • below average watchers

Livepeer Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Livepeer Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Livepeer?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Livepeer has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • low reddit articles

Livepeer Awareness Score

The awareness score indicates how well Livepeer is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Livepeer is but a good measure of longevity is how well the project is known by the general public.

Overall Livepeer this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • average number of headlines about Livepeer
  • very low search result total
  • poor number of news articles mentioning Livepeer
  • poor number of Livepeer YouTube videos

Livepeer Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Good project age (released Dec 19, 2018)

Livepeer Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Livepeer Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Livepeer Exchanges
LPT
Member Ratings (LPT)

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0 reviews
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Be the first to leave a review

No one is talking about Livepeer, be the first to start the conversation.

Do you think Livepeer is a scam project which will disappear in a rug pull in the next few months or do you think Livepeer is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • project team
  • bitcointalk thread
  • tradingview profile
Member Signals

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(no reviews)
Member Ratings
Market Cap Rank:
113
Voted:
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Bulls v Bears:
neutral
Is Trending?
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Livepeer Reddit
Livepeer Github
Livepeer News
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