LBRY Credits price

LBC

#1379

Library Credit uses the concept of a decentralized and distributed network (across several host computers) to build a content sharing crypto platform that offers a level playing field for all participants.

• 10% for partner organizations, charity firms and other strategic institutions. These include the EFF, ACLU and others with a strong reputation in advocating for digital rights, cybersecurity and the Internet's freedom.
• 20% for awareness programs. This allocation will be freely distributed at the early stage of the project to drive adoption among users.
• 10% for the team, to cover operational costs and team expenses (human capital management).
• 60% to be earned by the community via various activities, such as LBC mining.

The network is secured via an end-to-end encryption technology that combines a blockchain model and DHT (distributed hash tables) data structure for encoding and retrieving data in a peer-to-peer exchange.

At the time of writing, LBC is traded against different currency pairs on exchanges such as:

• Upbit
• CoinEx
• Bittrex
• Hotbit

For more info on how to buy LBC and other cryptos, see additional explanations here.

Read more about Steem.

Find out more about Sapien.

Learn more about Web 3.0.

Take a look at the CoinMarketCap blog.