Livepeer

OpenAI shared research progress on the Sora generative video AI model, highlighting its power and fast-moving advancements. Livepeer's AI Video initiative aims to bring these capabilities to the Livepeer network, making generative video more accessible and affordable for developers, creators, and users.

Livepeer Studio, built on Livepeer's decentralized infrastructure, provides high performance and ultra-low-cost video software for developers. The service offers up to 10 times cost savings compared to traditional web2 services. Developers can easily launch Livepeer powered video apps with the Studio CLI.

Livepeer is collaborating with decentralized infrastructure protocols Morpheus and Akashnet to revolutionize the AI ecosystem. This partnership aims to leverage distributed systems engineering and token economic design to transform the way AI is implemented. Stay tuned for more updates.

Ecosystem project @tenderize_me is introducing a liquid staking platform to enhance the experience for LPT holders. This will allow LPT holders to stake their tokens and still have them available for other purposes.

Livepeer is planning to introduce AI Video Compute capabilities to its network, leveraging thousands of GPUs to offer disruptive pricing in the growing AI infrastructure market. The demand for AI infrastructure has surged, with Nvidia's data center business alone experiencing a revenue increase from $4B to $14B in just six months. Livepeer aims to apply its open video infrastructure mission to running open source AI models that generate and augment video. The plan involves forking the Livepeer node software, creating a demonstration app, and using funding from the Livepeer treasury. This opportunity aims to enable video developers to deploy their own models on the network.

Livepeer had a busy December, with highlights including the premiere of the first-ever film acted, directed, produced, scored, and edited in real time. They also facilitated the first livestream NFT at Art Basel Miami Beach. Livepeer and Livepeer Studio made advancements with upgraded documentation and new video features. The Livepeer grant program funded projects like MadFi Protocol. Co-founder Petkanics shared plans to bring AI-based video compute to the Livepeer network. Livepeer is excited for an innovative 2024.

The first two proposals requesting funds from the Livepeer Community Treasury are nearing the end of voting. One proposal to allocate funds retroactively to node operators who have made contributions is likely to pass with 95% in favor, while the proposal to reward active community participants is unlikely to pass with only 24% in support. The voter turnout for these proposals has been high, with over 67% of active stake represented in the vote.

MadFi is a Livepeer grantee focused on revolutionizing influencer marketing. They aim to democratize access to ad revenue and provide tools such as on-chain payments, verifiable attribution, AI-generated content, and clear monetization avenues. Their features include Subscriptions, Bounties, an Attribution Engine, and Creator Badges. MadFi seeks to properly reward creators, sponsors, and fans in the influencer economy.

If you missed the incredible sessions at BuildOnBase Base House today, don't worry. Recordings are already available on basemiami.xzy. The recordings were made possible thanks to lightning-fast post-production by Streameth, using their new livestream clipping feature.

Livepeer is excited to collaborate with Art Basel, RefractionDAO, Resident Advisor, Sonastream, FWBtweets, and more to provide video infrastructure for their creative collaboration. The collaboration includes the launch of RadRadio, a new DJ streaming platform that enables fans to tip in the currency of their choice.