Livepeer Airdrop

Livepeer is the foundational decentralized physical infrastructure network (DePIN) for open-source video transcoding and generative artificial intelligence compute. Founded in 2017 by Doug Petkanics and Eric Tang and supported by over $50 Million in funding from elite technology investors—including Tiger Global, Pantera Capital, Digital Currency Group (DCG), CoinFund, and Northzone—Livepeer transforms idle GPU compute around the globe into an open, decentralized video supercloud.

Traditional centralized video transcoding (such as AWS Interactive Video or Google Cloud) is prohibitively expensive, consuming up to 80% of bandwidth and compute costs for streaming platforms. Livepeer coordinates an open marketplace of 'Orchestrators' (node operators with high-end GPUs who encode and transcode video streams in real-time) and 'Delegators' (token holders who stake the native $LPT token to secure orchestrators and earn a share of transcoding fees).

Having migrated its settlement layer to Arbitrum One to reduce gas fees by 99%, Livepeer expanded its computational architecture into the Livepeer AI Subnet. This allows the decentralized GPU network to process text-to-image (Stable Diffusion), text-to-video, and multimodal AI inference tasks at up to 80% lower cost than cloud monopolies. Active $LPT delegators and GPU orchestrators sit at the intersection of DePIN, media streaming, and open AI infrastructure.

The native Livepeer Token ($LPT) is a work and bonding token. Staking LPT to orchestrators is required to earn the right to perform compute work, capturing round inflation and transcoding fees paid in ETH and stablecoins.