In today’s episode I spoke with Jeremy Kauffman, the co founder and CEO of LBRY, a completely decentralized platform for sharing content online. LBRY fuses the best of both Bitcoin and BitTorrent by offering a catalog of content that can be searched using blockchain technology. But the best part about LBRY is that artists and publishers can get paid for sharing their content without any third party corporations taking a cut.
Inspired by user-centric, shared economy companies like AirBnB and Uber, LBRY aims to increase the efficiency of under-utilized digital resources by providing a market incentive to maintain and host an abundant selection of content. The rarer a piece of content, the higher the price tag for that piece of content may be, according to how bidders and publishers choose to value it.
Jeremy is a super smart man and has founded numerous tech startups. With degrees in Computer Science and Physics, he is certainly no stranger to new technologies, innovation and experimentation! He has a great vision and an excellent team of engineers working around the clock to bring this platform to life. There is no doubt in my mind that we are sure to see some incredible changes in the digital world with LBRY.
So without further ado, let’s dive into this episode and learn how LBRY plans to change the game into today’s digital age!
In this episode you’ll discover:
0:40 – How LBRY works, it’s connection with blockchain technology and what sets it apart from networks like BitTorrent.
1:44 – LBRY’s interesting methods on updating and maintaining it’s data.
2:30 – How users get paid for publishing on the LBRY network.
4:31 – How Jeremy built LBRY’s subscriber list to over 100,000 people since launching in 2015.
5:10 – A deeper look into how LBRY manages copyright laws and sensitive or uncensored digital content.
8:45 – What makes Jeremy tick and how his background and beliefs influence LBRY.
10:25 – What led Jeremy to build LBRY: a look at his past career and history.
13: 42 – The strategies Jeremy uses to promote LBRY and get 100,000+ sign ups.
15: 30 – Whether there are any concerns about lawsuits from big corporations.
18: 04 – When the public can expect LBRY to be ready.
19: 50 – LBRY’s long term vision.
“LBRY is the first digital marketplace to be controlled by the market’s participants rather than a corporation. It is the most open, fair, and efficient marketplace for digital goods ever created, with an incentive design encouraging it to become the most complete.”
“LBRY creates an association between a unique name and a piece of digital content, such as a movie, book, or game. This is similar to the domain name system that you are most likely using to access this very post.”
Short-sighted middlemen add additional cost and hassle to the user experience in the name of customer lock-in and boosting profits. That’s why we are building a content marketplace that no one company controls.
Important notes from this episode:
- FAQ’s about LBRY
- Art in the Digital Age: An introduction to LBRY
- Earn $1000 by publishing on LBRY today!
- A deeper look into LBRY
Connect with Jeremy:
Thanks for listening!
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