Capital Markets Advisory Board Candidacy

[b3nnn]

Executive Summary

This post is for ecosystem participants and community members to propose their candidacy to join the Capital Markets Advisory Board.

You can read the Advisory Board announcement to learn more about Advisory Boards and their role in governance and the setting of strategic direction for the Livepeer network.
Candidates have until Thursday May 22nd to submit, with the final decision made the following week. To give ample time to review and consider, we advise everyone to submit their applications ASAP.

Capital Markets Advisory Board Scope

In general, Advisory Boards play a critical role in supporting the development of network wide strategic direction. There are four advisory boards covering the gamut of network sovereignty (Network, Growth, Markets, Governance).

The primary question the Markets AB will focus on is: How do we cultivate a diverse group of investors that can capitalize and “liquify” the network?

Types of activity this AB includes are:

• How do we grow the number of token holders and improve holders experiences, and increase accessibility of the token?
• How do we widen our reach on exchanges and expand liquidity provisioning?
• How do we optimise productive use of capital via the onchain treasury?
• How do we expand the overall diversity of financial capital sources?
• More questions will be added in advance of the board forming
  
  

Time Commitments

Exact time commitment will emerge in the next couple of weeks. We estimate that AB members will spend roughly:

• ~3-4 hours per week for 4 weeks during Recommend & Screen phases.
• ~1-2 hours per week ongoing during Advise stage.
  
  

Advisory Board Member Criteria

These criteria should be met in order to be eligible and considered legitimate for an Advisory Board Member role.

Established reputation - have a solid standing within the Livepeer core contributor community.
Strategy-oriented - does this person have the cognitive capacity to think both long-term and laterally, taking into account different aspects of the Livepeer project.
Collaborative attitude - have showcased a collaborative way of thinking and working within the Livepeer ecosystem
Stake in Network - have 100+ LPT staked within the network

All ecosystem participants can consider the opportunity, even if you don’t fulfil all criteria.

Propose your candidacy

To join the Capital Markets Advisory Board, simply post a reply to this thread answering the below questions.

Try to keep each answer to 500 characters or less, so ecosystem participants can adequately review all candidates.

1. Who are you and how do you spend your time?
Tell us a little about yourself. What name do you like to go by? What is the focus of most of your time? How do you like to spend your free time?

2. Why are you a Livepeer Contributor?
Tell us what brought you into the Livepeer network and what excites you about its future?

3. What is your relationship with the Livepeer network?
Briefly describe any historical contributions you’ve made or role(s) you’ve fulfilled within the network. Don’t forget to mention if you’re an existing Orchestrator, SPE member, grantee or Livepeer Inc team member.

4. Why are you a good fit for the Capital Markets Advisory Board?
Advisory Boards are specialized. Describe any qualifications or contributions that could help visualize your specialized expertise in network dynamics, especially those that relate to Livepeer.

5. What is one area where the Livepeer network is strong, in relation to Capital Markets?
List only one area concisely.

6. What is one area where the Livepeer network could be improved, in relation to Capital Markets?
List only one area concisely.

We look to forward to hearing from you!

[dob]

Hi everyone. I’m excited about the advisory board direction to set the strategy for the project across key pillars, and I’d like to apply to participate in the Markets AB.

@b3nnn

1. Who are you and how do you spend your time?

I’m Doug Petkanics, one of the co-Founders of Livepeer, and the CEO of Livepeer, Inc. Livepeer is a complex project that touches many different stakeholder groups and user profiles, from tokenholders, to node operators, to community members, to companies that are funded and build products directly on top of the Livepeer network. I spend my time helping to inspire all these groups across an aligned vision, recruiting and leading teams that work to meet the needs of all the stakeholders, and making sure the project and teams are funded to achieve these visions.

2. Why are you a Livepeer Contributor?

Video is 80% of the bandwidth on the internet, and it is one of the most important mediums that affects how we work, learn, get entertained, and communicate in today’s modern connected world. AI is impacting video, much like it’s impacting every industry, and it requires a tremendous amount of compute. Society needs an open video infrastructure to power this, that is independent from the handful of big tech companies that own the key applications and all the user data. I’ve been motivated to create this open AI infrastructure since the dawn of the Livepeer project 8+ years ago.

3. What is your relationship with the Livepeer network?

• Co-Founder of the project
• CEO of Livepeer Inc
• Author of Livepeer protocol
• Former node operator
• Informal advisor to many SPEs
• Author of many Livepeer improvement proposals
• Point of contact for many of the large institutional Livepeer network participants

4. Why are you a good fit for the Markets Advisory Board?

In some ways I’m a great fit because I:

• Have significant knowledge of the Livepeer Token and protocol cryptoeconomics
• Hold key relationships with institutional participants and service providers in the markets ecosystem
• Can represent the project with authority

Though people should be aware of a couple of areas where I will not participate when it comes to the markets:

• I will not promote the token as a speculative investment to retail, and instead will only promote it with regards to it’s utility in terms of direct participation in the Livepeer network.
• I don’t personally participate in DeFi in the Degen sense - creating or taking advantage of short term opportunities, as I largely keep an eye on the long term value creation and utility of the Livepeer network.

5. What is one area where the Livepeer network is strong, in relation to Markets?

• Livepeer is an established and well respected and regarded project that already has the hard-to-attain integrations with large exchanges and markets actors like Binance, Coinbase, OKex, Kraken, Grayscale, and more.

6. What is one area where the Livepeer network could be improved, in relation to Network?

• Livepeer could benefit from increased onchain liquidity and DefI integration on the Arbitrum network - creating entry and exit opportunities for new network participants, and creating opportunities for more active management and sustainability of the onchain treasury. Support for lending protocols for example would enable people to use LPT as collateral and access liquidity without having to sell LPT, while allowing others to access LPT to stake and begin to participate and run nodes.

Thanks for considering my application. While I hope to be helpful on this track, I look for others to join who are more active participants in the DeFI and onchain liquidity ecosystems, who are ready to interface directly with all of those market actors on the project’s behalf.