Livepeer Network Sees Significant Growth and Community Support in Q1 2024

**Livepeer achieves record network fees** as AI processing drives 72% of revenue, marking a 3x year-over-year increase in Q3. **The transformation is complete** - from streaming infrastructure to real-time AI video processing powerhouse. **Key metrics:** - Q3 network fees up 3x YoY - 72% of fees now from AI processing - Projects like DaydreamLiveAI and Agent SPE avatars live **Three competitive advantages:** - Lowest latency for real-time AI - Cost-effective pay-as-you-go scaling - Open, decentralized community ownership **Next phase focuses on:** - Deep productization - World-class latency benchmarking - GPU marketplace scaling - Direct builds for gaming, entertainment, robotics Livepeer positions itself as the infrastructure layer for next-generation real-time AI video applications. [Read the full vision update](https://blog.livepeer.org/a-real-time-update-to-the-livepeer-network-vision/)

**Livepeer's Cloud Team** has rolled out major infrastructure improvements to strengthen the decentralized video network's performance monitoring capabilities. **Key Technical Upgrades:** - Live Stream Input Support (RTMP/FFmpeg) - New Scoring Logic for Live Video Jobs - Integration with MediaMTX and Multi-URI Management These enhancements address a critical gap in **live video pipeline support**, with live video job scores now visible in the Livepeer Explorer. The updates aim to maintain Livepeer's position as the leading reliable and transparent decentralized video compute network. [Read full technical details](https://forum.livepeer.org/t/update-expanding-live-video-metrics-and-testing-capabilities-across-the-livepeer-network/3114)

**Daydream**, a new open-source platform for real-time video-to-video AI transformations, has launched on Livepeer's decentralized infrastructure. The platform enables real-time AI video processing and is now live at [daydream.live](https://daydream.live). Key features: - Community-powered development - Open source architecture - Built on Livepeer's decentralized network - Real-time video AI capabilities Livepeer is supporting this initiative through delegator workshops and network infrastructure support. *Try the early preview to explore real-time AI video transformations.*

Peter from AI SPE discusses the evolution of real-time AI video on Livepeer in the latest Fireside episode. Key developments include: - Transition to Bring Your Own Container (BYOC) architecture - Introduction of ComfyStream for customizable AI pipelines - New community-driven development approach This follows recent episodes featuring UFO's decentralized radio integration and earlier discussions with Streamplace, ORIGIN STRIES, and Eliza agents about AI-powered video innovations. [Watch the full episode](https://youtu.be/wFSs8kfvsYA)

Livepeer cofounder Doug Petkanics outlines the network's expansion into real-time AI video processing. The initiative promises to enable live video manipulation as simple as typing ChatGPT prompts. Key developments: - Network aims to provide ultra-low latency, heavy compute, and global reach - New features include AI VTubers, interactive livestreams, and real-time translation - Daydream platform launches as proof-of-concept - Treasury funding supports development of new applications The network expects significant increase in usage fees for node operators and delegators through AI video processing capabilities. [Try Daydream](https://daydream.live/) [Read Full Article](https://blog.livepeer.org/daydream-live-a-glimpse-into-the-future-of-realtime-ai-video-on-livepeer/)