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Web3

Livepeering Into The Future of Video

Jun 22, 2021 ⋅  11 min read

Livepeer is essentially a marketplace between infrastructure providers and app developers or streaming applications that require video processing services. Today video processing costs around $3 per stream per hour with a cloud service such as Amazon, up to $4,500 per month for one media server, and up to $1,500 per month before bandwidth for a content delivery network. With Livepeer, the entire process using Livepeer services (transcoding, Livepeer server, content delivery) is potentially 10x cheaper than existing services for individual streamers.

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Mason was a Senior Research Analyst at Messari focused on Web3 protocols and cryptoassets. Before Messari, Mason worked at ConsenSys as a Content Marketer focused on marketing strategy. Mason obtained his Master’s in Business Management at Hong Kong Baptist University.

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About the author

Mason was a Senior Research Analyst at Messari focused on Web3 protocols and cryptoassets. Before Messari, Mason worked at ConsenSys as a Content Marketer focused on marketing strategy. Mason obtained his Master’s in Business Management at Hong Kong Baptist University.

Mentioned in this report