Expansion of the Irys ecosystem and strategic partnerships!
Irys @irys_xyz is already standing out for its technical excellence, but its true value shines through the expansion of its ecosystem and strategic partnerships.
This project is truly attractive as it opens up new possibilities in the digital world through the convergence of Web3 and AI, beyond just a technical platform.
Recently, Irys has explosively expanded its ecosystem by partnering with leading projects like Berachain, Livepeer, Linea, Eclipse, and Injective Labs. These partnerships are not just collaborations but catalysts for creating innovative use cases by breaking the boundaries of AI and Web3.
For example, the Proof-of-Liquidity (PoL) mechanism of Berachain @berachain and Irys's data chain technology have the potential to create powerful synergies in DeFi and NFT applications. Cases like dynamic NFT launches are intriguing as they offer new value to both creators and users, beyond mere technical progress.
I believe these attempts are injecting fresh vitality into the Web3 ecosystem.
The collaboration with Livepeer @Livepeer further enhances the possibilities of AI-based video streaming, showing potential to redefine the future of content creation. The partnership with Injective Labs @InjectiveLabs is promising as it can accelerate innovation in the financial system through the combination of DeFi and AI.
These collaborations highlight Irys's vision to create value that users and developers can actually experience, not just integrate technology.
Another strength of Irys is its EVM compatibility. Developers can use familiar tools and languages while leveraging Irys's unique data chain features. It feels like adding new colors to an existing canvas to completely recreate the painting.
This approach is likely to lower entry barriers for the developer community and encourage more innovation.
Moreover, Irys has secured $8.9 million in funding, gaining trust from major investors like a16z @a16z. It's noteworthy that Primitive Ventures @primitivecrypto highly evaluates Irys's market potential.
This investment and trust are strong signals that Irys has the potential to not only stay at the forefront of technological innovation but also lead the market.
Through technology, partnerships, and vision, Irys is expanding the intersection of Web3 and AI, opening a new chapter in the digital world. I believe this project is contributing to making the future we imagine a reality, beyond just a blockchain platform.
Irys's progress is redefining the possibilities of the Web3 ecosystem, and I'm really looking forward to what innovations it will bring in the future!
LuxeUnitySphere
Irys Ecosystem Expansion and Strategic Partnerships
Irys @irys_xyz has already distinguished itself with its technical excellence, but its true brilliance shines through in its ecosystem expansion and strategic partnerships. This project isn’t just a technological platform—it’s a vibrant force unlocking new possibilities in the digital world by merging Web3 and AI, and that’s what makes it so captivating.
Recently, Irys has been rapidly expanding its ecosystem through collaborations with leading projects like Berachain, Livepeer, Linea, Eclipse, and Injective Labs. These partnerships are far more than mere collaborations; they’re catalysts for breaking down the boundaries between AI and Web3, creating innovative use cases. For instance, the synergy between Berachain’s @berachain Proof-of-Liquidity (PoL) mechanism and Irys’s datachain technology holds immense potential for DeFi and NFT applications. The introduction of dynamic NFTs, for example, feels like more than just a technical advancement—it’s a gateway to delivering fresh value to creators and users alike. To me, these efforts are injecting a new wave of energy into the Web3 ecosystem.
The collaboration with Livepeer @Livepeer is amplifying the potential of AI-powered video streaming, redefining the future of content creation. Meanwhile, the partnership with Injective Labs @InjectiveLabs showcases the exciting possibilities of combining DeFi with AI, paving the way for financial innovation. These collaborations aren’t just about integrating technologies—they reflect Irys’s vision of creating tangible value that users and developers can feel.
Irys’s EVM compatibility is another standout strength. It allows developers to leverage familiar tools and languages while tapping into Irys’s unique datachain capabilities. It’s like adding vibrant new colors to an existing canvas, transforming the entire picture. This approach lowers barriers for the developer community and fosters greater innovation.
Moreover, Irys has secured $8.9 million in funding, earning the trust of heavyweight investors like a16z @a16z . Primitive Ventures @primitivecrypto has also praised Irys’s market potential, which is a strong signal of its ability to lead, not just innovate.
Irys is expanding the intersection of Web3 and AI through its technology, partnerships, and vision, opening a new chapter in the digital world. I believe this project is more than a blockchain platform—it’s helping shape the future we imagine. Irys is redefining the possibilities of the Web3 ecosystem, and I’m genuinely excited to see what innovations it will bring next!
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PANews
PANews reported on June 2 that according to OKX market, the top tokens in the day are: PEOPLE is now trading at $0.0214, up 4.24% in the day; WIF is now trading at $0.879, up 3.94% on the day; BONK is now trading at $0.0000169, up 2.93% on the day; W is now trading at $0.0816, up 2.62% on the day; SOL is now trading at $158.04, up 2.51% on the day. In addition, the top intraday decliners are: LPT is now trading at $8.592, down 7.16% on the day; AAVE is now trading at $243.63, down 2.68% on the day; OKB is now trading at $49.95, down 1.32% on the day; LDO is now trading at $0.843, down 1.19% on the day; SATS is now trading at $0.0000000457, down 1.12% on the day.
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PANews
PANews reported on May 31 that according to OKX market, the top tokens in the day are: LPT is now trading at $12.663, up 7.09% on the day. In addition, the top intraday decliners are: ORDI is now trading at $8.016, down 14.91% on the day; WIF is now trading at $0.846, down 14.54% on the day; INJ is now trading at $11.717, down 14.27% on the day; NOT is now at $0.00209, down 13.73% on the day; MEME is now trading at $0.00174, down 13.08% on the day.
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Old Man Crypto
$PHB will pump follow #Lpt #Nmr #Rlc
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Old Man Crypto
$RLC pumped + 10% in 20 min😒
Which is the next Ai trend ?
The current price of Livepeer is $8.1800. Over the last 24 hours, Livepeer has decreased by -0.73%. It currently has a circulating supply of 41,123,827 LPT and a maximum supply of 41,123,827 LPT, giving it a fully diluted market cap of $336.64M. At present, the Livepeer coin holds the 100 position in market cap rankings. The Livepeer/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Livepeer is a crypto-incentivized protocol that provides a decentralized and highly scalable live video broadcasting platform. LPT is the name and ticker symbol for the native ERC-20 token of the project.
On 1 May 2018, Livepeer released the alpha version of their platform on the Ethereum Mainnet. The project was created to find an economically efficient alternative to centralized broadcasting media. Users can upload videos to the Livepeer Network, where the nodes encode them into compatible formats for different devices. The broadcasters pay those who run the nodes via ETH.
The live stream is distributed in real-time to those who request views. Users can utilize Livepeer's services for pay-as-you-go consumption, uncensored live journalism, highly scalable video service infrastructure, and decentralized applications (DApps) that support video. Inside the ecosystem, LPT is a staking token primarily used to pay essential players of the system.
The platform uses the open-source Livepeer Media Server or LPMS, enabling DApp developers and broadcasters to build every necessary live stream functionality. Secondly, to ensure the network's decentralization, Livepeer runs each node through LMPS and provides developers with economic incentives.
Livepeer's consensus system has two different layers. The first is a proof-of-work mechanism that ensures the security of various financial transactions inside the ecosystem. Additionally, the platform defines an eligibility criterion for participation in governance performed through Livepeer Smart Contract. The second consensus layer is based on Delegated Proof of Stake (DPOS) and determines the distribution of newly generated LPT tokens.
The key players in the ecosystem of Livepeer Network are broadcasters, transcoders, and consumers. The decentralized governance structure of Livepeer takes budgetary decisions, maintains network parameters, and executes required project updates.
LPT price and tokenomics
There is an estimated total supply of 24 million LPT tokens. The token is inflationary, meaning new LPT tokens will be generated and distributed over time, affecting their price. As a staking token, LPT is used by ecosystem participants to coordinate the distribution of different roles and workloads. To tackle inflation, new tokens are allocated to holders in proportion to their bonded stake. The LPT price thus depends on the platform's performance and the new tokens generated.
In October 2018, 63% of the then-total LPT supply was distributed based on the algorithm of Merklemine via a public sale. Being a pre-mined token, 19% of the supply was allocated to pre-sale buyers. The remaining tokens were allocated to the core team, grants, and future reserves.
About the founders
Doug Petkanics and Eric Tang founded Livepeer. Petkanics, an alumnus of the University of Pennsylvania, has extensive experience in technical roles in companies like Accenture and AT&T Labs Research. Tang has an educational background in engineering and business and years of technical expertise. Before founding Livepeer, Petkanics and Tang worked at Groupon and Wildcard Inc.
On 3 August 2021, Livepeer raised $20 million for the project's future development. The fundraising was led by old supporters like Digital Currency Group and Coinfund and investors like Coinbase Ventures, Warburg Serres, and Mike Dudas's Six Man Ventures.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 3K new posts about Livepeer, driven by 1.2K contributors, and total online engagement reached 216K social interactions. The sentiment score for Livepeer currently stands at 88%. Compared to all cryptocurrencies, post volume for Livepeer currently ranks at 2077. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Livepeer.
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Posts
3,016
Contributors
1,162
Interactions
215,975
Sentiment
88%
Volume rank
#2077
X
Posts
2,917
Interactions
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Sentiment
89%
Livepeer FAQ
What is LPT?
Livepeer is a decentralized platform that provides affordable and scalable infrastructure for live video streaming. In addition, the platform builds a self-sustaining ecosystem of developers, video creators, and token holders. LPT is the name and ticker for the utility ERC-20 token of Livepeer Network.
How does it work?
On Livepeer, creators can directly charge viewers for their live stream broadcast without any intervention from a centralized body. Users can also get direct access to content on request. Transcoders are vital players who convert live stream inputs into various formats to be distributed to different devices. Holding and staking LPT tokens on the network allows users to participate in the core ecosystem of the project.
Where can I buy LPT?
Easily buy LPT tokens on the LPT cryptocurrency platform. One available trading pair in the OKX spot trading terminal is LPT/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for LPT with zero fees and no price slippage by using OKX Convert.
How much is 1 Livepeer worth today?
Currently, one Livepeer is worth $8.1800. For answers and insight into Livepeer's price action, you're in the right place. Explore the latest Livepeer charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Livepeer, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Livepeer have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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