Lbry is a decentralized platform that allows, on the one hand, to upload content and get tips in Lbry Credits (LBC), Lbry's official cryptomoney, and on the other hand, to earn rewards for the simple fact of viewing the content uploaded by the publishers.
Lbry has been in operation since mid-2015. At that time almost nobody knew about it. However, throughout 2019 it has grown exponentially and has become one of the best alternatives to YouTube. Yes, you read right! In fact, more and more Youtubers are betting on the decentralization of their contents, and Lbry is undoubtedly the best option in terms of platforms supported by Blockchain, without discrediting other projects of similar nature such as Cam.TV, another excellent project that I reviewed a few weeks ago.
Do you want to know more about how Lbry works and win your first LBC credits? I invite you to stay. In the next 2 minutes you will know what it takes to start making money.
Open your email and click on the confirmation link. Finally, in order to avoid abuse and fraud you should verify your account. I recommend the option "verification by SMS". It is simple, fast and free. This way you will have your Lbry account confirmed instantly.
There are two ways to win Lbry, either by creating your channel and uploading content, in case you are a creator, or if you prefer, you can win LBC by watching videos on the platform, that easy. Publishers pay much better but those who don't have a channel (like me) can also earn a good amount of LBC as you'll see below.
How to earn LBC (users)
This is the way I like it best. You can claim rewards every day and slowly add up to LBC. To do this, you only have to enter the portal and watch one video a day.
The steps you must follow are as follows:
In the upper right margin you will see your balance and 3 tabs. Click on the icon 👤 and then on "rewards".
Of all the possible rewards you can claim, click on "Daily Watch Reward" if you use the Google Chrome translator.
You will then have to watch a video. It doesn't matter what or who it's from. Open any channel and click on any video to win between 1 and 100 LBC.
Other rewards you can claim at Lbry:
Loyal follower: Follow your favorite creators. These rewards are unlocked by level. You start at level 1. When you reach a certain number of people you follow, you will move on to level 2, and so on.
Many Views: As you watch videos you can claim this reward which is unlocked by level.
Invite: 15 LBC for each friend who signs up with your invitation. Limited to 20 referrals if you are not a content creator. If you move a lot of people you can request by email that they extend your limit, although this does not guarantee that they will do so. Still, it's worth recommending it to your friends. They will thank you.
Winning LBC (publishers)
You can choose to create a channel and upload content, even if you already have a Youtube channel you can link it to your Lbry account and it will automatically import all the content you have on Youtube to your new Lbry channel.
Apart from receiving tips on your videos, you can also earn LBC instantly if you finally decide to link your YouTube channel to Lbry. These amounts will depend on the subscribers you have on YouTube. Watch out!
1000 subscribers - 1080 LBC ($48)
10,000 subscribers - 6,000 LBC ($269)
50,000 subscribers - 12,600 LBC ($565)
100,000 subscribers - 20,400 LBC ($915)
500,000 subscribers - 40,800 LBC ($1831)
1,000,000 subscribers - 75,600 LBC ($3,393)
They also pay for each viewing in your videos as long as it is within the Lbry platform. They pay a random amount for each view received, between 0.04$ and 0.22$. In addition, every month you can claim a reward depending on the number of subscribers you have.
So you know, if you don't have a Youtube channel yet, I would seriously consider it if I were you, and if you already have it, I don't know what you are waiting for :).
- A few seconds after you start playing, you will receive a notification at the bottom indicating the LBCs you have won.
Each LBC, as of May 19th 2020, is priced at 0.045 cents. This token can be exchanged for bitcoin or other crypto-currency at various exchanges. To do this I recommend Coinex.
The process is very simple. If you click on your balance you will see an option to send credits (LBC) to your favorite creators. This same option is used to withdraw your winnings to an LBC wallet or Coinex exchange, as you prefer.
You've already seen, whether you have a channel or not, in Lbry anyone can sign up and start earning fractions of this cryptomone currency easily and without any complications. All countries are allowed, at least as far as I know. Also, thanks to Lbry App, you can connect from anywhere. The downside is that the app is currently only available for Android phones.
For a user like me, for example, it's an excellent option to generate income without doing almost anything, but for a creator, things change. With a little bit of luck, the profits can become brutal. I've seen the occasional video that has gone viral and received tips from thousands of Lbry credits (LBC). Watch out for this.
Also note that the price of Lbry is currently not very high compared to the December 2017 BTC hike. At that time the Lbry even exceeded the dollar. By this I mean that it is not a bad option to save and accumulate LBCs and then sell them with when the price goes up.
register on the web from here
https://lbry.tv/$/invite/@dres1989:e
https://lbry.tv/$/invite/@dres1989:e
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