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LBRY Credits Review

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Followers 4

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Average

Revainrating 3.5 out of 5  
Rating 
3.3
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Description of LBRY Credits

LBRY Credits is the 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.

Reviews

Global ratings 15
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Type of review

Revainrating 3 out of 5

An innovative idea but fails

I registered in November 2019 but started using LBRY's website again in July 2020. In this review, I'll talk more about Lbry's websites and monetization rights. At first, we can win very good rewards thanks to the missions. But the only place I can earn money as an income after completing most of it is the daily viewing reward. This reward is pretty low. I received 0.5 LBC award for 1 week. The lowest reward should have been 1. 0.5 LBC is very annoying. Daily view rewards ranged from 1-100. Now

Pros
  • An innovative idea
Cons
  • Authorities are not interested
  • Rewards are low
  • Always losing value

Revainrating 4 out of 5

LBRY Credits is best alternatives for Youtube.

In the digital content distribution system and marketplace, LBRY is a game-changing innovation. It supports a variety of media formats, including movies, music, and ebooks. A third party cannot control content; only the author/publisher has the ability to do so, avoiding issues such as censorship and copyright strikes. Developers may create their own decentralized apps utilizing LBRY's open-source technology, which is available to everyone. Material producers may use these applications to…

Pros
  • A metadata transmission line, as well as a decentralized query mechanism, are included.
  • It has its own official mobile application.
  • It has a significant market capitalization.
  • An attractive incentive system is in place.
Cons
  • Use base quite low.
  • Complicated withdrawal system.

If you don’t have a strong web, posts are displayed in the best possible way without pressure and will not work for you on the basis that you can’t downgrade the goal. It’s not as close as a dog. In any case, I believe it will be resolved in a timely manner. The big change is that the producers bring cash here, but the crowd can also bring cash. Granting projects is an extraordinary way for producers to get paid for their work. LBRY can be sold for USD, USDT, ETH or BTC for Bittrex. The scene…

Pros
  • It is mineable, still more than 15 years to complete the PoW.
Cons
  • Rewards are low

LBRY media content, books, movies, music, computer games, and more. tries to offer a world library, which is run only by customers, and especially people based on its article, who can reap the benefits without delegates in accordance with the rules that can be configured or killed. More specifically, LBRY is primarily designed to overcome any barriers between manufacturers and end customers. To work We imagine a useful situation. Maria has to release a unique film on stage. Then, the element…

Pros
  • Approaches to Content Exchange.
  • Behind it is huge local support.
Cons
  • Nothing.

Revainrating 3 out of 5

It’s best to talk and learn about the platform.

The enterprise must be in compliance with an advanced substance convention that includes a computerized substance library, where customers can download programs such as games, music and recordings, and more. I have used this work many times and I see it as one thing but overall it is great and reliable. In addition, I took advantage of this stage to see if this work could be used in the workspace, on a computer frame, or on a cell phone through an application. Lately this issue has been well…

Pros
  • Keeping records is very simple
Cons
  • Low protection and liquidity

Revainrating 3 out of 5

Lbry fighter against monopoly

Today, when the abolition of freedom of speech has come to the fore on youtube, sites like these can greatly help us fight for a basic human right, and that is freedom of speech. Very nice idea of the site, but there is still a lot to develop. If you don't have a solid internet it won't work best for you, because the videos display in the best quality without compression, and you can't reduce the resolution. It is not even optimized as close as yt. But I believe it will be resolved in time. The

Pros
  • YouTube's main competitor
  • You can also make money as a spectator
Cons
  • Lot of bugs

Revainrating 2 out of 5

The best platform yet.

The project is said to be a blockchain based on the digital content protocol containing a digital library of content where users can store applications such as games, music, and videos etc. I have used this project a lot of times and I see it has a very good and reliable one. I also recommend this project to every user's while using this platform I observed that the project can be used on desktop, computer system or mobile phone via an application In recent years, the project has…

Pros
  • Very easy to store documents
  • Transparency and efficient
  • Secured and safe
Cons
  • Low privacy and liquidity

Revainrating 4 out of 5

Lbry is a reliable place for small digital media channels for monetizing

Lbry is a platform built on blockchain primarily for sharing digital media like books Video and quality material. Lbry is much easy to monetize your content without even need of requirements of mimumum subscribers and watch time. Its a substitute to YouTube where it very difficult to get watch time and subscribers to start Monetizing your Content. Lbry was built with an idea to built content sharing platform for small Channels and Channels that are promising and have low subscribers. Lbry…

Pros
  • Lbry is easy to use platform for watching and monetizing your digital media content
  • Best for small channels as there is no limitation and easy to monetize content
  • Lbry is very rewarding and offer various features to earn LBC
Cons
  • Platform is still in early phase and has to go through various phases of improvements and upgrades to challenge other digital media giants

Revainrating 5 out of 5

Alternative to big tech Youtube.

LBRY is as of now a famous name among video sharing platform. The project is by all accounts progressively encouraging. I'm bullish on the convention. In contrast to most cryptocurrencies, I could see this thing getting on. This could really happen as intended. I share some content on Youtube in addition to using Revain, I first started using LBRY when Youtube was deleting crypto related content, I started researching if there is any platform opposite to Youtube where only my rights over my

Pros
  • The App UI/UX is amazing.
  • It gives incredible incentive to any content creator.
  • Relaxed policies with respect to content transfer.
  • There is a huge community support behind it.
Cons
  • None.

Revainrating 4 out of 5

The Visionary Mineable broadcast: LBRY

LBRY is an entire organization, as well as being a mineable cryptocurrency. A network that protects copyrights It is a platform for creators. Can be monetized It is a wallet. An app . A utility token. Blockchain Explorer. Available for all the operating systems; Cell phones & computers (Penguins, apples, windows, androids) It is available for all the world, but some registration features are not freely available to everyone; If you can't do it for free, they cost you just under $ 4.99 US.

Pros
  • It is mineable, still more than 15 years to complete the PoW.
  • If you are you have videos on Youtube; Can link your channel to your Odysee account
Cons
  • When you start the application to work in the background, it absorbs a lot of resources from the (Regardless of the Phone)
  • Videos take a long time to load, it's boring that they're constantly interrupted.
  • I test it on different devices and network connections; Something on the platform makes it take a long time to load any video.
  • Verification by twitter account is not available for many countries (Although change the configuration or use a VPN and make it possible) The fact is that it is not available for many countries.

Revainrating 3 out of 5

It was a good project at the beginning

LBRY seeks to offer a world library with multimedia content, books, movies, songs, video games, etc. All this controlled only by the users and that they are the only ones who decide on its content, and that they can modify or eliminate it according to their criteria, They will collect their profits, without intermediaries. In short, LBRY is basically designed to bridge the gap between creators and end users. Functioning Let's imagine a practical case. Maria wants to publish an original film…

Pros
  • A friendly reward system in which we will get LBC for just watching videos.
  • It has its applications for both computer and mobile.
  • It is an extremely beneficial project for those people who create quality content on YouTube.
  • It has an option to register and verify your account via Discord.
Cons
  • Many have toughened their policies and therefore you have to be careful.
  • The attention or help I get from Discord support is not pleasant at all.

Revainrating 5 out of 5

The most brilliant descentralized project

This is a project that I really wanted to tell you about. For me, it is one of the largest currently, it has all the capacity to become one of the best. As we already know, it is a decentralized social network, with the same qualities that large companies like YouTube have, but with a much better reward system. Basically lbry, rewards its users with the lbc token, for almost everything you do on the platform, from uploading your own content, to obtaining followers. One of the great reasons why…

Pros
  • It represents a fairly simple way to generate extra income, doing what we do daily on the web.
  • It has enormous potential to become a project that surpasses large companies such as YouTube, as it rewards its users with better rewards.
  • It is available in several languages, and its interface is very beautiful and elegant.
  • It is a very complete page, where you can find not only videos, but music, books, movies, etc. and in the last update you have the possibility to sell your content.
  • Each lbc has come to be worth more than a dollar, which has many users waiting for its value to increase again.
Cons
  • The app is now just available for android
  • your account needs to be verified in order to apply to rewards, and many new people are currently being denied the opportunity.
  • lately its price has dropped a lot, and this is mainly because there are many people uploading content that is not their own and they have filled the page with piracy.

Revainrating 3 out of 5

Digital content distribution platform.

Although the concept behind the network has a lot of potential to develop, it faces direct competition against entertainment giants such as YouTube and Netflix, and some of these platforms have been around for more than a decade.

Pros
  • It's a monetization tool on its network. This is a requirement for accessing content uploaded on the network. If a content creator publishes certain content, they may choose to monetize the content by setting a fee. And if a content consumer wants to consume that content, they first need to spend that money to buy that content.
  • The user can receive predefined rewards, some of which may only be one-time or some may be repeated. Also, the amount paid as a reward may vary with each award.
Cons
  • The main thing to consider before investing is its performance in the cryptocurrency market. It has not performed so well since its inception.

Revainrating 3 out of 5

digital content with Blockchain technology

LBRY is a library of digital media and a market that aims to overcome the problems of content censorship and centralized control. The LBRY protocol uses blockchain technology to allow users to upload their own content; like ebooks, videos, music, works of art and more. The content creator can keep everything he earns on the platform, without paying fees to a third party. However, users can define the terms and rates they adopt when they share their content, and because it is divided and…

Pros
  • Secure and reliable digital market managed by the community
  • The platform has a mobile application
  • It allows its users to publish their own digital content through Blockchain technology
  • LBRY can be obtained by completing tasks presented by the mobile application
  • Excellent reviews of your project
  • It has an attractive user interface.
Cons
  • The currency of the platform is limited in a few exchanges
  • The platform being managed by the community, its operation depends on how many users interact on the platform.

They definitely need to make the platform more accessible across more devices in a much easier way but based on the redesign and their most recent updates to it I fully believe that they're on the right track and I'm really excited to see the platform progress and hopefully take off.

Pros
  • The entire project concept for me as a pro. It's an open network. LBRY allows anyone to use a platform in its free form, with no censorship, no regulations and allows creators to own their own content. LBRY Credits is a free open source and community run digital marketplace. The library blockchain serves three key purposes it's the index of the content available on the network, it's the payment system for the purchase content and it also provides a decentralized publishing identity.
Cons
  • Big weakness for me is marketing, the project is great and so is the platform but it's really not well known, and considering there's other platforms out there like Steemit that are more popular but completely gamed, i'm pretty surprised that this is not more well known because of that, There's no way to upload directly to your channel if you're not home, meaning you have to use the computer that your LBRY platform is downloaded on.