LBRY Credits profile
LBRY Credits Profile (LBC)
Score: 5.54 | Above Average
Balanced Nano Cap
Project Safety Score

Thu, Oct 28, 2021 8:41 AM

Score 5.54
Rating Above Average
Market Cap $21227740.718559
24hr Volume $826667.80910228
Price $0.04073993837485
Review

LBRY Credits

coin

1stgen blockchain

LBRY (pronounced โ€œLibraryโ€) is a decentralized digital content distribution protocol and a marketplace for the same. It supports a variety of content which includes but not limited to videos, songs, ebooks, etc. LBRY uses blockchain at its core, which enables content to only be controlled by its author/ publisher, not by any third party, effectively eliminating issues like censorship and copyright strikes. Since the code of the LBRY project is open-source, developers can create their own decentralized apps (dApps). Content creators can use these apps to upload their content on the LBRY network and monetize it by setting a fee. LBRY credits or simply LBC is the cryptocurrency created by the LBRY network to fuel its entire digital content market. The LBC coin is required by consumers to access the monetized content on LBRY network. The LBRY platform also allows LBC mining by giving block rewards. Jeremy Kauffman co-founded LBRY Inc. with the vision of a decentralized global content hub, controlled and owned by no one. Currently, Jeremy is the chief executive officer of LBRY Inc. Before working on the LBRY project, Jeremy founded TopScore, a million dollars event and activity registrations startup. There are three other co-founders who serves on different positions in LRBY Inc: Alex Grintsvayg (Chief Technical Officer), Josh Finer (Director of Operations and Analytics), and Jack Robison (Protocol Developer). LBRY provides its own official app, which can be used to store LBC. The LBRY app is available for multiple operating systems such as Windows, MacOS, and Linux. Android and iOS versions are still in development. Other than its official LBRY wallet, users can opt for the Coinomi mobile wallet, which is recommended by LBRY. LBC can only be obtained through exchange. Users can also take advantage of LBC mining and various rewards given in LBC coin by LBRY network to its users. Although the concept behind the LBRY network has a lot of potential for growth, it faces competition directly against the entertainment giants such as YouTube and Netflix, and some of these platforms have been around for more than a decade.

Read more in the whitepaper:
https://lbry.tech

LBRY Credits Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

LBRY Credits Safety Report

LBRY Credits has a safety score of 5.54

LBRY Credits is a nano cap coin.

LBRY Credits is suited to a balanced investment style.


LBRY Credits Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

LBRY Credits Red Flags

There are currently no LBRY Credits red flags.


LBRY Credits Development Score

The LBRY Credits project has active source code repositories.

There have been no commit to any of this accounts repos

  • 0 Watchers
  • 0 Stars
  • 0 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • extremely high stars
  • extremely high watchers
  • extremely high mentionable users
  • extremely high repo stars
  • daily repo updates

LBRY Credits Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about LBRY Credits. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

LBRY Credits Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on LBRY Credits?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall LBRY Credits has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • very good reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • no search result count

LBRY Credits Awareness Score

The awareness score indicates how well LBRY Credits is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the LBRY Credits is but a good measure of longevity is how well the project is known by the general public.

Overall LBRY Credits this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning LBRY Credits
  • no news articles directly about LBRY Credits

LBRY Credits Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Jul 7, 2016)

LBRY Credits Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

LBRY Credits Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

LBRY Credits Exchanges
LBRY Credits Explorers
LBC
Community Trust Score (LBC)

4.38/5

8 reviews
Franco
Fri, Dec 18, 2020 2:28 PM
Though difficult to navigate I was loyal to LBRY for close to six months. I signed on avoiding U Tube and Bitchute. Last week for whatever reason my credits went from 250+- to 0. Have made numerous attempts to contact provider with no recourse. Thank you LBRY. Your customer support team needs work along with your service.
0 0
Udit Patel
Thu, Feb 28, 2019 6:21 AM
if anyone feel it's a scam then just look at there github there is ton's of devlopement going on everyday.. not only that but so many devlopers are using there lbry protocol in there own projects (Including Me).. The best thing about lbry is that they don't want to spend money on marketing as there prime focus is to utilize money on development and make product great.. join revolutionary lbry protocol build your project around them :)
3 1
Isaac Apsondaisy
Thu, Feb 28, 2019 2:02 AM
LBRY is a decentralized p2p protocol for publishing and accessing digital content. It utilizes the LBRY blockchain as a global namespace and database of digital content. Blockchain entries contain searchable content metadata, identities, rights and access rules. LBRY also provides a data network that consists of peers (seeders) uploading and downloading data from other peers, possibly in exchange for payments, as well as a distributed hash table used by peers to discover other peers.Get to know how it really works.There are so many to explore. https://lbry.io/get. If you want to know more about LBRY or chat we us you can Discord: https://chat.lbry.io Learn more: https//lbry.io/learn
5 1
yulius kristianto
Wed, Feb 27, 2019 5:00 PM
LBRY is a protocol providing a fully decentralized network for the discovery, distribution, and payment of data. It utilizes the LBRY blockchain as a global namespace and database of digital content. Blockchain entries contain searchable content metadata, identities, and rights and access rules. decentralized market for all digital items and content. It provides a global and censorship resistant platform for content creators to sell their ebooks, art, music, videos etc without the need to pay a middleman. Any content that is uploaded to LBRY network remains accessible to the public as long as the community finds it valuable and continues to host it. LBRY Credits created 400 million tokens in the genesis block, allocated between partners and charity. The remaining 600 million tokens are emitted through proof-of-work mining over the following 20 years after genesis. ( https://lbry.io/faq/block-rewards )
5 0
#Crypto Rocket ?
Wed, Feb 27, 2019 5:43 AM
LBRY is an awesome project by one of the most humble teams you'll ever encounter. In my honest opinion, LBRY is the most exciting blockchain project of them all and could change the face of the internet as we know it. You can find more details about LBRY on the below community driven site, including their white paper and mainstream news articles/videos. https://lbry.social/what-is-lbry/
5 0
#Crypto Rocket ๐Ÿš€
Wed, Feb 27, 2019 5:43 AM
LBRY is an awesome project by one of the most humble teams you'll ever encounter. In my honest opinion, LBRY is the most exciting blockchain project of them all and could change the face of the internet as we know it. You can find more details about LBRY on the below community driven site, including their white paper and mainstream news articles/videos. https://lbry.social/what-is-lbry/
5 0
Thomas Zarebczan ?
Mon, Feb 18, 2019 5:15 AM
Hey, this is Tom from the LBRY team! Please let us know if you have any questions. We are a community driven project, with a completely open sourced protocol for content sharing, discovery, and monetization. We have lots of great content on the platform, come check it out!! https://lbry.io/get Good starting points to learn more are: https://lbry.io/faq/what-is-lbry https://lbry.io/faq/lbry-basics Tech: https://lbry.tech https://github.com/lbryio/ Want to chat with us? We're on Discord: https://chat.lbry.io
7 1
Thomas Zarebczan ๐Ÿ“š
Mon, Feb 18, 2019 5:15 AM
Hey, this is Tom from the LBRY team! Please let us know if you have any questions. We are a community driven project, with a completely open sourced protocol for content sharing, discovery, and monetization. We have lots of great content on the platform, come check it out!! https://lbry.io/get Good starting points to learn more are: https://lbry.io/faq/what-is-lbry https://lbry.io/faq/lbry-basics Tech: https://lbry.tech https://github.com/lbryio/ Want to chat with us? We're on Discord: https://chat.lbry.io
7 2

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Community Signals

4.38/5

(8 reviews)
Community Trust Score
Market Cap Rank:
--
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
LBRY Credits Reddit
LBRY Credits Github
LBRY Credits News
  • LBRY Credits (LBC) Market Cap Hits $75.13 Million

    Fri, May 21, 2021 11:38 AM

    LBRY Credits (CURRENCY:LBC) traded up 31.2% against the dollar during the 1 day period ending at...

    read more...
  • LBRY Credits (LBC) Price Tops $0.13

    Tue, May 18, 2021 7:16 PM

    LBRY Credits (CURRENCY:LBC) traded up 9.4% against the US dollar during the 24-hour period ending...

    read more...
  • LBRY Credits (LBC) Price Tops $0.13

    Tue, May 18, 2021 6:16 PM

    LBRY Credits (CURRENCY:LBC) traded up 9.4% against the US dollar during the 24-hour period ending...

    read more...
  • LBRY Credits Trading Down 27% Over Last 7 Days (LBC)

    Sun, May 16, 2021 10:52 PM

    LBRY Credits (CURRENCY:LBC) traded 9.6% lower against the dollar during the 24-hour period ending...

    read more...
  • LBRY Credits (LBC) Price Reaches $0.17

    Sun, May 9, 2021 8:32 PM

    LBRY Credits (CURRENCY:LBC) traded up 0% against the US dollar during the 24 hour period ending at...

    read more...