LBRY Credits (LBC) is a content sharing decentralized blockchain platform that is ran and managed by its community. The platform also uses Bittorent protocol and is free, transparent and very democratic. Users have complete freedom to decide the terms and conditions on which to share their content. These terms also include the fees they wish to get for their content. Users have complete control of their data and network and can share anything they wish as long as it complies with the standardsShow more [+] of the platform.
LBC acts as the currency for payments for content and services on the LBRY Credits platform. It is a coin that is not premined but is mineable. It uses PoW (Proof-of-Work) consensus mechanism and can be mined using GPU. This coin has a maximum supply of approximately one billion. It is now listed on Bittrex, Upbit, Poloniex and Cryptopia exchanges.
LBRY Credits will enhance the sharing of content thanks to its able and competent team members. The team is led by their CEO and founder Jeremy Kauffman, the CTO and founder Alex Grintsvayg and the COO and founder Josh Finer among others.