Wow, this is quite something. It is a platform for users to upload their videos and have it stream to others and do it live. Of course it depends on the speed of your internet connection but the concept is way cool. Just imagine to be able to stream live your videos feeds like those real-time broadcasts on TV. No wonder it is so popular. Even big names have been broadcasting their events live on Livestream. Some TV networks have used their platform to stream local news as well. Finally internet has become what it is supposed to be - real-time and live. If you are someone who gets bored easily (like me), they do have a lot of channels for you to choose from - like news, entertainment, music, sports, comedy, food, travel and many many more. Isn't it cool to be able to channel surf just like you would on TV? If you are an up and coming developer, you might want to check out their services. Live or pre-recorded video content can be used.