Why I bought 200 LBC today

in #lbc8 years ago (edited)

A story of 122% return

It's a short story really. Told in 1000 words by a picture.

I had never heard of LBRY until a handful of hours ago, but it actually sounds kinda like steem. It's also built on blockchain tech, and I know I read people talking about using steem to do something like this with using micropayments to distribute content, but that's kinda the whole point of this. It is content distribution, but kinda geared at things that have recurring releases. It'll be interesting to see what comes of it.

Here's their whitepaper kinda thing, if you're interested - https://lbry.io/what

(^ from their website ^)

https://lbry.io/get?r=J3hnk <- To sign up for the beta/pre-release.




Update: For those wondering about when this comes out or if it is already out, to the best of my knowledge, which is admittedly limited and comes almost entirely from an article written this summer, I think it was very very partially "released" on July 4th. ->https://cointelegraph.com/news/lbry-launches-blockchain-based-creator-controlled-content-app-new-appcoin

I think they're slowly adding users, prioritizing:

1. content creators with existing content
2. people who refer a bunch of folks



Update 2: Seems like they are live- https://lbry.io/news/beta-live-declare-independence-big-media

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When is the release date of the network? Is it still in beta stage?

Looks like it's not even in beta yet. I didn't see a release schedule.

https://lbry.io/get?r=J3hnk <- on this page it says it's invite only and there's a waitlist.

https://lbry.io/publish#what-you-get <- here you can sign up to be a publisher

https://cointelegraph.com/news/lbry-launches-blockchain-based-creator-controlled-content-app-new-appcoin <- an article from this summer saying it was "released" or whatever july 4th. I think they're slowly adding users, prioritizing:

  1. content creators with existing content
  2. people who refer a bunch of folks
    but i'm speculating