We are excited to announce the addition of LBRY Credits (LBC) to the ShapeShift exchange. You can now exchange LBC between Bitcoin and several dozen digital blockchain assets, no account needed.
So, what is LBRY? LBRY is a content-sharing and publishing platform that is decentralized and owned by its users. The LBRY Credits (LBC) token allows holders to make purchases of digital content on LBRY and allows content publishers to earn money for this content. This video gives a good overview of the system and how it works:
ShapeShift CEO Erik Voorhees said about LBRY Credits:
“The world is improved by the existence of LBRY – an innovative method of content dissemination – and we’re honored to add it to ShapeShift. I’ve been watching the LBRY project for months, and am thrilled to make it instantly available for trading with all other leading digital assets.”