Quote:
Originally Posted by hausarzt
Eligibility may be revoked by LBRY.tv if abuse is suspected. Your eligibility may be revoked if:
you use a VPN or shared network to access LBRY.
you immediately withdraw credits from the platform and do not use LBRY for its intended usecase (i.e. brokering LBC with other members, selling accounts)
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Yup, and as far as I understand, the creators behind LBRY idea stacked/secured a large portion of blockchain/coins for the reward program in order to help this idea grow.
Though one can still mine lbry like bitcoins, and keep in own wallet of own choice, just like bitcoins, that no one can ever take away.
The lbry coins stacked by creators are basically gifts to boost development and popularity of LBRY.
If they did not put in place the verification for one to be eligible for the rewards on lbry.tv/odysee.com I can easily imagine how many people in a heartbeat would abuse the system to only get as much free cryptos as possible, with automated bots, etc. and then withdraw to their wallets outside the lbry.tv/odysee
So you might only loose the eligibility to get free coins on those 2 websites, not the coins you already possess in your external wallet, if you abuse the system. Nothing odd or controversial here.
More info here:
https://lbry.com/faq