Download Use on Web ( Community ⌄ Meet, chat, and party in the heart of the LBRY community. YouTube Partner Program Sync your content instantly and start earning Frequently Asked Questions Got questions? We probably have answers! Blockchain Explorer Look up transactions and claims on the LBRY blockchain Company ⌄ @lbry on LBRY Everything about LBRY, from LBRY, on LBRY Company News The latest from the LBRY team The Team Meet the people building LBRY and why they're doing it Roadmap The next steps in our journey Contact Have a question or want to connect with the LBRY, Inc. team? Credit Reports Quarterly reports on LBRY's blockchain assets Developers ⌄ Find a technical overview, specification, APIs, and more Follow @lbrytech on LBRY From the devs, for the devs. The Spec Read a formal technical description of how LBRY works GitHub All LBRY code is public and open-source Contributor's Guide Become a contributor to the LBRY project Search Try LBRY Menu Try LBRY

Quarterly Credit Report: Second Quarter 2016


This is LBRY's first quarterly report. We enter with zero Credits expended. We anticipate zero institutional expenditures, zero or limited organizational expenditures, and light community expenditures.

Overview By Fund

Community Fund

Currently, we are engaging in the following programs:

  • 3-20 LBC for users invited to participate in the beta. This program is expected to continue well throughout this quarter.
  • 1-5 LBC for referrals. This program is expected to continue in parallel with above.
  • Up to 2,000 LBC for certain publishers to join LBRY. This program is new and experimental, and is subject to revision.
  • A bounty program with rewards varying from small rewards to 10,000+ LBC. This program is new and experimental.
  • Tipping on our community chat for user contribution and participation. This program is expected to continue.

We have allocated approximately 2,000,000 LBC across these categories, but do not anticipate actually awarding this much.

Operational Fund

We anticipate most expenses continuing to be met via existing assets.

Depending on fundraising over the next 3 months, we may entertain private placements via structures that align with the long-term interest in LBRY and minimize market impact.

Institutional Fund

We anticipate zero expenditures from this fund this quarter.