Review on Livepeer by Orlando Antonio
Livepeer (LPT) token for live video mining, creates a good reward system and works for the Livepeer platform voting system.
Livepeer (LPT), has been developed as a project that guarantees good access to a proprietary development platform for live videos, this creates a live video mining system, allowing content creators to upload videos to the ecosystem using GPU equipment and generate incentives in the native LPT token and even in ETH, likewise the platform has good development with blockchain technology, algorithmic and decentralization. Livepeer, is a platform of ample development, it offers its users a whole set of tools and manuals for the optimal functioning and operation in the ecosystem, thus guaranteeing a live video mining platform, easy to use tools for developers, block explorer of own development and with graphs to know the status of the network, It has a reward system for users, guarantees participation in the voting system for a better development of the ecosystem and the platform, likewise its network is public and open, allowing developers to work on it, guarantees the execution of nodes and offers a good teaching to new users to be able to use and operate within the platform. Livepeer (LPT), has been developed as the finance for the platform, it creates a good decentralized financial system in the ecosystem, it creates a good functioning of the rewards system, it is a token to incentivize users and be mined by transcoding videos using GPU equipment, likewise, it is a token with good decentralized trading from various exchange platforms, it has good support from various Dapps wallets and owning Livepeer (LPT) token, guarantees participation in the voting system within the ecosystem.
Pros
- It guarantees optimal and secure mining by uploading videos to the network, ensuring that users create video content and access secure incentives in Livepeer (LPT) tokens.
- It offers good tools for users to create videos, develop on the network and even facilitates knowing the status of the network as it has a block explorer with a good interface design and a quick search for old transactions.
- Its ecosystem and block explorer can be connected securely and quickly with Dapps wallets.
- It has developed a good reward system, which promotes participation and video creation within the ecosystem.
- Its native Livepeer (LPT) tokens, ensures the smooth functioning of the ecosystem, allows LPT token holder users to participate in decision making for the ecosystem and creates a good decentralized and secure system within the platform.
Cons
- It has not developed a set of mobile applications for its ecosystem and for storing its LPT digital asset.
