Please Increase the Rewards, Odysee!

LBRY is a blockchain-based file-sharing and payment network that powers decentralized platforms, primarily social networks and video platforms. LBRY’s creators also created Odysee, an open-source video-sharing website that uses the network, and that was split into a separate company on October 2021.

I think Odysee is a descent video streaming platform and the best alternative of Youtube, but the truth is that is difficult for Creators to make some money. There is a Reward system that gives too little for your effort.

For example, when I reach LV5 View challenge, Odysee request an extra 900 views in order to gain 1 LBRY. LBRY has a price of $0.0112 today!

Supplementary, Odysee decreased the weekly view reward. The reward decreased to 0,1 from 0,25-25. So a viewer that uses the application often gains 0,1 LBRY (most of the times), that is $0,001.

I think that the rewards should be normalised, so the users can support creators with higher amounts. Only in that way the platform can grow.

  • January 22, 2023