What does LBRY Credits do?
LBRY Credits (CRYPTO:LBC) is a decentralized digital currency that powers the LBRY ecosystem, a platform for publishing and sharing content. Its operations encompass the development and maintenance of the LBRY blockchain, the issuance and management of the LBC token, and the operation of its decentralized content distribution network. LBRY's projects include expanding its user base, integrating with new content platforms, and developing innovative solutions for content censorship resistance and data ownership. The project emphasizes community engagement, fostering a vibrant community of content creators, LBC holders, and protocol contributors. LBC's objective is to become the leading decentralized content distribution platform, empowering creators to freely publish and monetize their content, and providing users with an open and censorship-resistant alternative to traditional content platforms. It believes that by combining a decentralized architecture, a native cryptocurrency, and a strong community, it can create a more equitable and user-centric content ecosystem.