LISAR - Delegate on Livepeer with Your Local Currency
Hey Livepeer Community!
I’m excited to share LISAR — a fiat delegation gateway that makes it simple for anyone to support the Livepeer network using their local currency. No wallet required. No crypto knowledge needed.
What LISAR Does
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Lets anyone delegate on Livepeer using their local currency
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Handles crypto conversions and gas fees behind the scenes
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Offers a clean, no-wallet-required UX for delegation
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Routes delegations strategically to improve network decentralization
Why We’re Building It
Livepeer needs more delegators for security and decentralization, but up to 85% of potential supporters can’t navigate the current path. Going from interest to actual delegation requires too many steps that feel overwhelming to normal people (wallets, gas fees, tokens, etc.)
The challenge is obvious, crypto adoption sits at only 5-15% globally, that leaves billions of people who could strengthen the Livepeer network but are currently locked out by the existing delegation process.
We’re building LISAR to bridge this gap, beginning our efforts in Africa where the potential is highest. Nigeria, Ghana, and South Africa rank in the global crypto penetration top 10. These markets have millions of people already interested in crypto networks and would eagerly participate in Livepeer delegation if there was an easy way to delegate.
Our Approach
We’re taking a multi-channel strategy that’s proven to work. Bamboo, a leading investment platform in Africa, has already proven the success of such approach. They hit 500,000+ users by making US stock investing simple through local currency.
LISAR applies the same playbook to grow delegators on Livepeer - creating a straightforward way for anyone to participate in the network.
The fundamentals are solid: Africa has millions of people interested in crypto yield opportunities but can’t navigate the complexities. Our strategies target the right demographics through the right channels - workshops for trust-building, referrals for viral growth, creators for authentic reach, and content for sustained awareness.
Here’s how we’ll make it happen:
IRL & Virtual Workshops — Hands-on sessions in major tech cities across Nigeria, Ghana, and Kenya where participants use LISAR to delegate in real-time and watch their delegation convert to LPT rewards. We’re targeting active web3 community groups who can see immediate value and leave as confident delegators.
Referral Program — Workshop participants earn a percentage of their referrals’ delegation APY plus bonus rewards when they bring their networks into the ecosystem. This creates exponential growth as each delegator naturally draws in more delegators from their circles.
Creator Partnerships — We’re working with trusted creators who command 13k+ engaged audiences and 50k-100k monthly impressions. These aren’t crypto promoters but relatable figures who’ll use LISAR themselves and share genuine experiences that carry more weight than paid promotions.
Performance-Based Content — Supporting video makers, writers, and educators through our contributor program to generate 50+ pieces of quality content monthly across social platforms, creating steady awareness and organic reach in our target audience feeds.
Retrospective
We’ve already made progress bringing new delegators to Livepeer having onboarded over 20 new delegators to the network from a past delegator workshop held in Abuja, Nigeria. The workshop provided evidence of genuine interest in delegation and crypto yield opportunities.
What’s Happening Now?
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Onramp integration for fiats like NGN, USD, EUR etc.
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Upcoming beta pilot where we’ll onboard the first ever fiat delegators on Livepeer through a workshop event. We’re very excited about this!
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Discussions with creators for potential collaborations
Our Goal - First Wave
Our goal is to significantly grow Livepeer’s delegator base by making delegation accessible to mainstream users.
With our First Wave targeting ~1% (~15.5 million) of an addressable market of (1.5 billion) and a very realistic goal of 1,000 delegators as a starting point.
We believe LISAR can fundamentally change how people participate in the Livepeer network - opening the door to hundreds and thousands of new delegators who previously couldn’t access the ecosystem.
If you’re interested in testing out LISAR or want to collaborate, we’d love to hear from you.
Watch our product overview below
Many thanks!
