Livepeer was founded in 2017 by entrepreneurs
Doug Petkanics and Eric Tang, who,
frustrated by the high costs and rigid infrastructure of existing video streaming solutions, wondered:
This conviction, alongside a deep belief in both the practical need and open source potential of decentalised open infrastructure, led them to found Livepeer.
Doug and Eric set out to revolutionise video streaming infrastructure from the hardware infrastructure up by:
- Turning idle GPUs around the world into a competitive marketplace,
- Using crypto-economic incentives to guarantee reliability and quality,
- Delivering real cost reductions via decentralised economies of scale.
Livepeer Vision
From the beginning, Livepeer’s goal has been simple but ambitious:
Make video infrastructure open, permissionless, and economically efficient - the way the internet itself was meant to be.
As video becomes increasingly real-time, interactive, and AI-driven, Livepeer is evolving to meet the next wave of demand: real-time AI video pipelines.
Core Mission
Since its launch in 2017, Livepeer’s mission has been to deliver affordable, performant open video & AI infrastructure rooted in decentralized video technology enabled by cryptoeconomic primitives.
Today, Livepeer is a respected and trusted brand, enabling internet-scale, next-generation applications in interactive media, AI training, and digital creativity.
Livepeer is on a mission to give innovators and creators the tools they need to build the future of interactive media experiences.
Core Pillars
This mission drives the why’s of Livepeer and informs its competitive edge and business advantage.
The network’s strategy is built upon a foundation of core value propositions and messaging pillars derived from this mission:
Last modified on March 9, 2026
