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 Hackathon Winner Creates Unified Data Pipeline for Network Orchestrators
A third-place hackathon winner developed a **unified data pipeline** that gives every Livepeer orchestrator access to the same real-time performance metrics. Currently, builders face **fragmented data** across different orchestrators, explorers, and dashboards. The new solution creates a single pipeline connecting every node, job, and AI inference event. **Key benefits:** - Smarter job routing and orchestrator discovery - Real-time AI model usage insights - Standardized, developer-friendly data access The pipeline surfaces metrics like: - Job volume and GPU types - Model usage patterns - Pricing data **Impact for stakeholders:** - Developers get a data playground to build ecosystem tools - Node operators gain visibility and participation metrics - The network evolves with better coordination This addresses a core infrastructure need as Livepeer orchestrators expand beyond video transcoding into AI workloads, requiring better data coordination across the decentralized network. [Learn more about the project](https://livepeer.notion.site/Livepeer-Hackathon-Unified-Network-Data-Pipeline-2860a348568780b987bed752e2220c63)
Daydream Launches Real-Time Video AI Platform on Livepeer
**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.*
Livepeer Fireside: AI Video Innovation Updates
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 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)