Launched in 2016, LBRY, now known as Odysee, is a decentralized video sharing platform. LBRY/ODYSEE has been built around blockchain, and it seeks to revolutionize the way content is shared, distributed, or monetized on the internet. It was co-founded by Jeremy Kauffman and Mike Vine, who were offering users an alternative to mainstream video-sharing platforms that are censorship-resistant and decentralized.
At the very heart of LBRY/Odysee lies its protocol based on blockchains, which allow content creators to publish their videos on this platform without intermediaries or other central authorities. Unlike others’, this decentralized approach guarantees creators have full control of their content, so it cannot be censored or deleted by one entity.
LBRY/Odysee also provides several ways for creators to make money from their work. In line with this, they may earn some rewards in terms of LBRY Credits (LBC) through a blockchain-based system for publishing content, interacting with viewers, and just being part of this ecosystem. Additionally, users can support creators directly by tipping them using LBCs or buying something from the marketplace.
This implies that watching videos via LBRY/Odyssey is both individualized and free from advertisements. Targeted ads fuel business models on centralized platforms, unlike LBRY and Odyssey, which do not collect any user data or trace their online activities. This commitment to privacy coupled with user control resonates with individuals worried about online privacy, thus making them its faithful customers.
In addition to focusing on decentralization as well as monetization aspects, there are a variety of themes available within LBRy and Odysee’s video catalogs, including technology, gaming, politics, entertainment, etcetera. By designing the interface in a user-friendly manner along with easy browsing features, audiences can easily find interesting new stuff, thereby enhancing community among both creators and viewers.
Though it may not enjoy similar popularity among consumers as YouTube, which dominates a centralized market structure, LBRY/Odysee has gained popularity among users who value the principles of decentralization, privacy, and empowering their accounts. As people’s knowledge of online censorship and fear of privacy degradation continues to grow, LBRY/Odysee has emerged as a leading platform for reshaping the landscape of online video sharing for the better.
LBRY (Odysee) Alternatives
1: Wistia
Wistia is a tailor-made video hosting and analytics platform aimed mainly at firms and professionals who want to apply videos to their marketing, sales, and communication strategies. In 2006, Brendan Schwartz and Chris Savage founded Wistia, which is reputed for providing users with a wide range of features and tools…
2: IGTV
Instagram TV (IGTV) is a separate video platform launched by Instagram in 2018. The IGTV format is designed primarily for vertical videos that can be uploaded and watched via the Instagram app or the dedicated IGTV app.The most significant feature of IGTV is its focus on mobile-first video content. Unlike…
3: SproutVideo
SproutVideo is a video facilitating and streaming framework that mostly reaches out to corporate entities and professionals who want to safely and effectively host and dispense videos. Established in 2010, SproutVideo has an integrated set of tools and characteristics meant to facilitate easy management, sharing, and analysis of video content.In…
4: GUDSHO
As of my last update in January 2022, the term “GUDSHO” appears to be a word without a widely recognized meaning or association. Nonetheless, its name alone can lead to a possible description.Nevertheless, “GUDSHO” could be used as a brand name, product/service name or concept in different sectors/areas. One might…
5: Facebook Watch
Facebook Watch is a video-on-demand service offered by Facebook since 2017, which aims to give its users the opportunity to find, watch, and share videos on a variety of topics. As a competitor to other streaming services such as Netflix and YouTube, Facebook Watch provides unique content that includes livestreams…
6: Veoh
Veoh was founded in 2004 by Dmitry Shapiro and was one of the early entrants into the online video-sharing business, where users could upload, share and find various types of videos, including TV shows, films, and user-generated content. During its most prosperous times, Veoh attracted millions of subscribers and maintained…
7: MediaGoblin
MediaGoblin is a media hosting platform that is specifically designed to be free and open-source, providing users with a decentralized and customizable option from centralized media sharing platforms. MediaGoblin was launched in 2011 by Chris Webber and Will Kahn-Greene, offering its users files such as videos, audios, documents, and images,…
8: LBRY (Odysee)
Launched in 2016, LBRY, now known as Odysee, is a decentralized video sharing platform. LBRY/ODYSEE has been built around blockchain, and it seeks to revolutionize the way content is shared, distributed, or monetized on the internet. It was co-founded by Jeremy Kauffman and Mike Vine, who were offering users an…
9: BitChute
Launched in 2017, BitChute is a video hosting platform that seeks to offer users an alternative to mainstream video sharing sites. Among the advantages of BitChute is its commitment to allowing people to enjoy their freedom of speech and expression. Different from the centralized ones, which have the ability to…
10: PeerTube
PeerTube is a decentralized video hosting platform that is open source, providing an alternative to centralized video-sharing platforms such as YouTube. PeerTube was launched by the non-profit French organization Framasoft in 2018, and it runs on the ActivityPub protocol, which enables federated social networking. One of the main goals of…
11: Crackle
Crackle is a streaming service owned by Chicken Soup for Soul Entertainment, Inc. that offers a wide array of movies, television shows, and original programming to its viewers for free, but with commercial interruptions. Originally launched as Grouper in 2007 and rebranded Crackle in 2008, the platform has since developed…
12: TED
TED is short for Technology, Entertainment, and Design; it is a non-profit organization that is devoted to spreading ideas through highly engaging short talks. The conference was started in 1984 by Richard Saul Wurman and Harry Marks, who initially brought together experts from different fields to share their insights and…
13: Vevo
Vevo, created in 2009 and co-owned by the major record labels that include Universal Music Group, Sony Music Entertainment, and Warner Music Group, is an exclusive destination for music videos, live performances, and original content. Vevo has become a byword for quality music video streaming due to its extensive library…
14: DTube
DTube (the Decentralized Tube) is a blockchain-based video sharing platform that aims to give people an alternative to centralized platforms such as YouTube. It was launched in 2017 and is built on blockchain technology to offer content creators and viewers a censorship-resistant and transparent platform. One of the features that…
15: Utreon
Founded by Joshua Tran and Jairson Ascencao in 2019, Utreon is a video-sharing site that aspires to give creators more control over their content and income. It poses as an alternative to YouTube and seeks to address problems faced by creators on other platforms. A decentralized outlook on moderation of…
16: Dailymotion
Dailymotion, which was founded in 2005 by Benjamin Bejbaum and Olivier Poitrey, is a platform that allows one to share videos with others. Unlike YouTube, which is widely recognized, it has become a big player in the internet video industry, attracting millions of users monthly. Dailymotion’s central feature is its…
17: Vimeo
Vimeo, created in 2004 by Jake Lodwick and Zach Klein, is a video sharing platform distinct from other platforms such as YouTube, which puts emphasis on high-quality content and the expression of art. Although its number of users may not be as impressive as YouTube’s, Vimeo has found favor with…
18: YouTube
YouTube is the world’s largest video-sharing platform. It has changed the manner in which people consume and share online content. Founded by Steve Chen, Chad Hurley, and Jawed Karim in 2005, YouTube initially served as a platform for individual video sharing. But it has since grown into an ecosystem that…
