LBRY is the first 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.
At the highest level, LBRY does something extraordinarily simple. LBRY creates an association between a unique name and a piece of digital content, such as a movie, book, or game. This is similar to the domain name system that you are most likely using to access this very post.
There was no ICO.
Jeremy Kauffman
Founder, Chief Executive Officer
Alex Grintsvayg
Founder, Chief Technical Officer
Josh Finer
Founder, Chief Operations & Growth Officer
Kay Kurokawa
Blockchain Developer
Jack Robison
Founder, Core Developer
Alex Liebowitz
App Developer
Reilly Smith
Curator
GitHub
Explorer
Reddit
BitcoinTalk
Slack
Twitter
Facebook
Youtube
Personal Opinion
All of the code is 100% open source and has been followed by a decent number of very intelligent people throughout it's 18 months and 6,000+ hours of development. You can view that on their GitHub. This is a real project not some “pump and dump” scheme or vaporware. Take a look at Mike Vines essay $1.2B Valuation and We Don’t Care..
With LBRY, the price of any content is completely at the discretion of the creator. There are no middlemen taking fees and no company trying to exploit creators. All of the prices that is paid is received by content creators. LBRY has far-reaching implications and can be used to host Music, Youtube videos, Movies, Books, PDFs, just to name a few uses. I think that this decentralized business model will become incredibly popular. LBRY is looking to fill a big niche and as anyone can contribute globally, LBRY credits has tremendous potential.
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