From Bitcoin Wiki
This is the approved revision of this page, as well as being the most recent.
LivepeerAn Open Platform For Decentralized Live Video Broadcasting.
ICO start date: to be announced later
- Aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack- Provides an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster- Verification of transcoding work will be accomplished using scalable extensions to the Truebit protocol
More information in the project whitepaper: https://github.com/livepeer/wiki/blob/master/WHITEPAPER.md