Livepeer Network Sees Significant Growth and Community Support in Q1 2024
Livepeer Network Sees Significant Growth and Community Support in Q1 2024
馃殌 Livepeer's Soaring Growth...
The latest report from Messari Crypto highlights the impressive growth and community support for the Livepeer network in Q1 2024. Network usage increased by 31% quarter-over-quarter, hitting all-time highs due to increasing adoption of Livepeer Studio by livestreaming platforms. The community has approved proposals to enhance AI video compute capabilities and improve network accessibility through initiatives like the Livepeer Cloud. Demand-side revenue from transcoding fees climbed 22% in USD terms, while staking rewards grew by 123% in USD terms, reflecting strong community support through staking. The report showcases the progress made by the Livepeer community in shaping a robust, innovative, and decentralized video infrastructure.
馃搱 The latest report from @MessariCrypto on Livepeer鈥檚 Q1'24 shows a 31% QoQ growth in network usage, hitting all-time highs, thanks to increasing adoption of Livepeer Studio by livestreaming platforms. 馃У馃憞
Livepeer Unveils Real-time AI Video Vision
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/)
Daydream to Demo ComfyStream at First Global ComfyUI Conference
Daydream is set to demonstrate ComfyStream at ComfyCon, the first official global ComfyUI conference in Shanghai on March 29-30, 2024. The presentation will showcase how ComfyStream integrates with the Livepeer ecosystem to enable real-time AI video workflows. This follows their recent collaboration at NYU, where students explored Real-Time Video AI applications with Livepeer and ComfyUI. Join the event: [ComfyCon Registration](https://lu.ma/ComfyCon)
Livepeer Network Reports Significant Growth in Node Operator Fees
Livepeer's network metrics show substantial growth in Q1 2025: - Node operator fees surged **149%** over the last 3 months - Network participation rate continues steady upward trend - Increased demand driven by AI-powered video processing needs The growth follows a pattern of consistent expansion, with a notable 30% fee increase reported in mid-March. This surge reflects growing adoption among creators and developers leveraging decentralized infrastructure for real-time video AI processing. Read the detailed analysis in [OurNetwork's #324 newsletter](https://www.ournetwork.xyz/p/on-324-depin?utm_campaign=ournetwork)
ADOS Paris 2025 Art Exhibition Featuring Livepeer's Daydream AI Tool
ADOS Paris 2025 will showcase interactive AI art at Artifex Lab on March 28-29. The exhibition will feature works created with Daydream, Livepeer's real-time AI video tool. The event follows Christie's recent AI art auction Augmented Intelligence, which highlighted works from prominent digital artists including Refik Anadol, Sougwen Chung, and Gene Kogan. - Interactive demonstrations of real-time AI video creation - Opportunity to explore the intersection of AI and art - Limited spots available [Join the waitlist](https://lu.ma/cd76ktg2)
Open Source AI Meetup Amsterdam Showcases Real-time Video Capabilities
A successful Open Source AI Meetup was held in Amsterdam, featuring demonstrations of cutting-edge real-time AI video technology. The event highlighted: - Integration of ComfyUI and ComfyStream platforms - Live demonstrations of DaydreamLive AI capabilities - Real-time video processing innovations The gathering brought together developers and enthusiasts from the open-source community. Sean from Origins delivered a keynote presentation on the future of AI video processing. This follows similar successful events in Denver, where the focus was on AI-powered video pipelines and real-time style transfer workflows.