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Livepeer (LPT) is a decentralized video streaming platform that leverages blockchain technology to provide an efficient and cost-effective solution for video encoding and streaming. By utilizing a network of participants, Livepeer aims to reduce the costs associated with traditional video infrastructure while empowering content creators with more control and revenue opportunities.
Numeraire (NMR) is a cryptocurrency that serves as a utility token for Numerai, a hedge fund that utilizes machine learning and data science to make investment decisions. NMR functions as an incentive for data scientists to build and submit predictive models that contribute to the fund's trading strategies, rewarding those whose models perform well.