Livepeer was founded on the belief that a decentralized network could power the future of video infrastructure at internet scale.
That vision is now more relevant than ever — with the rise of realtime AI video workloads.
That vision is now more relevant than ever — with the rise of realtime AI video workloads.
Doug Petkanics
What if video — the most captivating, expressive medium online — ran on open, permissionless infrastructure instead of expensive, proprietary systems?
This conviction, alongside a deep belief in both the practical need and open source potential of decentalised open infrastruture, 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 The network’s strategy is built upon a foundation of core value propositions and messaging pillars:- Real-time Performance / Performance at Scale: Industry-standard low latency optimized for real-time video AI and media, enabling sub-second inference and proven scalability.
- Cost Efficiency: Access to GPU compute at 5–10x lower cost through an open marketplace with transparent on-chain economics and a pay-per-use model.
- Automagic Scalability: The ability to scale capacity up or down dynamically in real-time via an elastic network supply, smart routing, and incentivized idle GPU utilization.
- Openness & Community: Permissionless, open-source, community-driven infrastructure that provides global access, on-chain verifiable compute, and rewards all participants.