We have always known this about lbry. It was inevitable to go this way based on their tokenomics. Their tech was ahead of the time of their tokenomics and it has hurt them.
We hope that SPK.Network will help them with tones of web3 tools to get back to true ownerless web3
Agreed. I guess I had a little more hope for the platform going the right direction than I should have
We always check like this:
Is there a company?
Is there an ICO?
is there a CEO?
Is there a pre mine?
Is venture capital involved?
Is the entity suiable?
If the answer is yes to any of these, it’s probably centralised.
Decentralised community chains must answer no to all of the above. And even then they might not be decentralised.
We have found keeping SPK network community owned and decentralised is counter intuitive and very difficult.
But we are moving along nicely now. Our miner token is out and our governance token will be built soon.
It answers no to all of the above questions.
We welcome you to be a part owner and claim your larynx monthly based on your jan 6th hive balance.
Web3 owned by the community