Livepeer

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.

The onchain video created by @streameth on @BuildOnBase is now live at Art Basel Miami. Viewers can mint the Base House Livestream NFT on Streameth and tune in to the event from anywhere, including any NFT Marketplace.

Livepeer Engineering Director Eli Mallon spoke at the Kitchener Waterloo Video Tech Meetup about Livepeer Catalyst, an open-source media server that is part of Livepeer's goal to create the world's open video architecture. Catalyst is still in Alpha and will allow users to experiment with the components of the Livepeer Studio platform. Future plans include deploying Catalyst on a web server to enable developers to create personalized platforms. Livepeer is also working on bringing AI features to video. Those interested in helping bring Livepeer Catalyst to fruition can find more information on the Catalyst Community Page.

The DePIN sector offers blockchain-based projects that have real-world impact in various large markets such as compute, storage, mobility, and connectivity.

Livepeer is approaching its goal of full decentralization, a crucial step towards becoming a global open video architecture. The next steps involve decentralized execution of protocol updates, community governance over the security committee process, and further research on the fast and full verification process. Livepeer encourages participation in the LIP process and ongoing discussions in the Discord #governance channel.

Livepeer has the potential to become the backbone of decentralized streaming video, especially with the increasing prominence of AI.