Livepeer, a privately owned company headquartered in the US, was founded in 2017 and employs approximately 30 individuals. The company reported $3.0M in revenue as of 2024 and operates as a tier 3 media tech buyer. It specializes in conferencing, ecommerce, and customer journey technology. The company functions as a platform for decentralized live video broadcast on the internet, combining a blockchain-based crypto-token protocol with an open media server to deliver a broadcasting solution designed to be cheaper, more scalable, and decentralized.
On June 30, 2026, Livepeer announced the launch of Punch Compute, a marketplace built on its platform for users to buy, move, or sell unused compute capacity and roll over unused hours. This initiative extends Livepeer's utility beyond video transcoding into a broader compute economy, potentially increasing demand for node operators who stake LPT to participate in the network. Earlier in June, Finbold identified Livepeer (LPT) among the top AI and big data crypto projects based on developer activity, as of June 8. Livepeer's token (LPT) was trading near $2.00–$2.60 as of May 2026, marking an approximate 95% decline from its November 2021 all-time high of $100.53. Analyst forecasts for 2026 ranged from a $1.32 bear case by CoinLore to a $9.42 bull case by Coinpedia. This follows a significant 72% jump in network activity during the first quarter of 2026, driven by accelerated demand for real-time AI video workloads, which propelled the decentralized GPU compute network into a usage-led growth phase.
Livepeer's customers primarily consist of online Media, media and Telecommunications and technology, Information and Internet companies. Examples of Livepeer's customers include Switchboard, Minds and LiveSpace. Livepeer has partners like PubNub. Livepeer has suppliers like Videon.
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