What is LBRY Credits?
The LBRY project is developing a decentralized, free marketplace for video creators. The idea is producing a platform similar to well-known Youtube, Netflix or Amazon but with blockchain principles in the backend and community ownership. The users can produce movies, educational videos, gaming streams, shows and beyond and earn from their viewership. LBRY's blockchain is similar to the one of Bitcoin, except that LBRY has additional decentralized lookup and is capable of metadata storage. The native coin of the LBRY network is LBC (LBRY Credits). They provide the user-friendly front end for video sharing with a monetary backend, creating the economic incentives for content creators. LBC is used for fee payments, bidding for LBRY Names (like a domain name, just for specific video file), viewing video content and more. The LBC is a mineable cryptocurrency either via GPU or CPU chips.
|Market Name||Traded On||Average Price||24h Volume|
|LBC/BTC||Bittrex, upBit, Poloniex||0.00000649 BTC||$77,307|
Fundamental Cryptocurrency Data
|Circulating supply||205,956,716 LBC|
|Total Supply||1,083,202,000 LBC|
|Trading volume of all markets for this coin||$77,314|
|LBRY Credits LBC Prices||
0.00 XAU (= 0.00) grams GOLD
0.00 XAG (= 0.00) grams SILVER
|Marketcap|| 1,332 BTC|
174.35 kg gold
14,935.04 kg silver