LBRY Overview $LBRY

in #lbry7 years ago (edited)

Ticker symbol: $LBC

  • Project type

LBRY is the first digital marketplace to be controlled by the market’s participants rather than a corporation or other 3rd-party. It is the most open, fair, and efficient marketplace for digital goods ever created, with an incentive design encouraging it to become the most complete.

At the highest level, LBRY does something extraordinarily simple. LBRY creates an association between a unique name and a piece of digital content, such as a movie, book, or game. This is similar to the domain name system that you are most likely using to access this very post.


  • Potential

What is LBRY

  • ICO

There was no ICO.


Team

Jeremy Kauffman
Founder, Chief Executive Officer

Alex Grintsvayg
Founder, Chief Technical Officer

Josh Finer
Founder, Chief Operations & Growth Officer

Kay Kurokawa
Blockchain Developer

Jack Robison
Founder, Core Developer

Alex Liebowitz
App Developer

Reilly Smith
Curator


GitHub
Explorer
Reddit
BitcoinTalk
Slack
Twitter
Facebook
Youtube


Personal Opinion

All of the code is 100% open source and has been followed by a decent number of very intelligent people throughout it's 18 months and 6,000+ hours of development. You can view that on their GitHub. This is a real project not some “pump and dump” scheme or vaporware. Take a look at Mike Vines essay $1.2B Valuation and We Don’t Care..

With LBRY, the price of any content is completely at the discretion of the creator. There are no middlemen taking fees and no company trying to exploit creators. All of the prices that is paid is received by content creators. LBRY has far-reaching implications and can be used to host Music, Youtube videos, Movies, Books, PDFs, just to name a few uses. I think that this decentralized business model will become incredibly popular. LBRY is looking to fill a big niche and as anyone can contribute globally, LBRY credits has tremendous potential.


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This post received a 3.3% upvote from @randowhale thanks to @natra! For more information, click here!

check out
lbry://@movie#7381dcaa482bdc199934779c7aa39922f0342582
for great content

its interesting project, lets see which way it will go after the event.

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