NDI-to-HDMI on the cheap?
There is no question that Newtek’s NDI is rocking the world of video production. Whether in corporate video, educational video, live streaming or low-end broadcast, it allows a transition to IP transport that’s profoundly attractive in many ways.
NDI delivers high quality video at very low latency, under one frame of video. A 1080p60 NDI stream requires at most around 150 mbps. This is ideal for production applications, which are quite separate from transmission/delivery, where lower bitrates are preferred and some seconds of delay is tolerable.

In the early days of NDI, if you needed to view an NDI signal on a monitor that required a Windows PC running NDI Studio Monitor. This is an application that can pick the stream off the network and display it on a monitor. It has some nice features, like the ability to overlay a second stream (picture-in-picture) and show audio metering.
I used this approach at Cluecon 2018, with a very small PC purchased just for the task (pictured above.)