About LBRY Credits
LBRY (pronounced “Library”) 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.
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circulating Supply
Not enough data
Max Supply
Not enough data
Total Supply
1,083,202,000 LBC
Diluted Valuation
$2,687,003.00
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$1,743.64
4.57%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0026
Overall Price Change (1Y)
0.29%
Additional info about LBRY Credits
Recent trends
The price of LBRY Credits has increased by 2.24% in the last hour and decreased by 3.44% in the past 24 hours. LBRY Credits’s price has also fallen by 11.52% in the past week. The current price is $0.0025 per LBC with a 24-hour trading volume of $1.74K. Currently, LBRY Credits is valued at 5.71% below its all time high of $0.0026. This all-time high was the highest price paid for LBRY Credits since its launch. The current circulating supply of LBRY Credits is 0 LBC which means that LBRY Credits has as total market cap of $0.00.
Market details
LBC vs markets
↗ 15.31%
LBC vs BTC
↗ 0.8%
LBC vs ETH
↗ 156.57%
Tags
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0025 | ↘ 3.44% |
1 Day | $0.0026 | ↘ 3.44% |
1 Week | $0.0028 | ↘ 11.52% |
1 Month | $0.0029 | ↘ 13.03% |
1 Year | $0.0019 | ↗ 28.54% |
FAQ
We update our LBRY Credits to USD currency in real-time. Get the live price of LBRY Credits on Coinbase.
The current market cap of LBRY Credits is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of LBRY Credits is $0.0026. This all-time high is highest price paid for LBRY Credits since it was launched.
Over the last 24 hours, the trading volume of LBRY Credits is $1.74K.
Assets that have a similar market cap to LBRY Credits include IBC Index, IXI, Lion Scrub Money, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of LBRY Credits is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Contributors
0
Posts
0
% About LBRY Credits
0.004%
Hold times
0 days
X (Twitter)
0% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about LBRY Credits and it is ranked #0 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, LBRY Credits has an average sentiment score of 0 out of 5. Finally, LBRY Credits is becoming less newsworthy, with 0 news articles published about LBRY Credits.
On Reddit, LBRY Credits was mentioned in 0 Reddit posts and there were 0 comments about LBRY Credits. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.