How are the community spaces being organized now? We will still be maintaining the Telegram group and plan to re-bridge it with Discord. Board members will become admins in both (like the good old days), and there will be no formal process for removing and adding them. We are still looking for additional advice on how to change how we are organized on top of this, so on Friday, November 3, 2023 2:00 PM (UTC (-0400), we will be holding a Community Meeting in our Discord Server: https://discord.gg/lbry, and you will be able to give your input on the changes we make. We encourage you to participate, and you can get notified when it starts by registering your interest: https://discord.com/events/362322208485277697/1167430715055538337. I still have unanswered questions! You can ask them in the #general chat on our Discord or during the community meeting and we will respond to any concerns you have. We want to make sure no question is left unanswered. Conclusion We thank you for your continued trust in us. As members of the same group we're supporting, we hope this change will help the best still be yet to come! :rocket:

IMPORTANT CHANGES TO THE LBRY FOUNDATION TL;DR: We're saying goodbye to the LBRY Foundation corporation to make community participation easier. We still plan to incorporate again, but we have determined this choice is ideal right now. At 1:25PM (UTC -0400) during our October 25th, 2023 board meeting, we unanimously voted to dissolve our California corporation to help the community moving forward. This decision was made enthusiastically and without regulatory pressure. Why though? Supporting LBRY as a community member has been challenging due to certain structural issues. The LBRY Foundation has succeeded in its goals of funding great projects and maintaining the community, but we have recognized that the board is now holding us back and hampered engagement. This arrangement has kept a level of 'authority' in places where it is counterproductive, and this has prevented the active participation we need now more than ever before. Because of the LBRY Inc news, we would like to work with both the community and willing former staff to ensure LBRY stays maintained and is not functionally centralised or dependent on one entity. To accept such help, unity and collaboration are essential. Additionally, our current entity has not been approved by the IRS for 501c3 status despite us being filed as a nonprofit with the state of California. We had already planned to reincorporate in a different state or country, but the timing of this decision became strategically better with recent news. Impact on LBRY users Our choice will make everyone's participation more accessible and impactful, which will improve the project for everyone. Is my content going away? It is possible if Odysee stops seeding it and nobody else is, but this isn't a result of the Foundation ending. How can I earn LBC now? We still encourage you to give and accept tips and boosts, and we will continue upkeep for tools like the LBRY Tipbot currently used in the Discord Server. How can I maintain the network as a community member? The best thing you can do to help right now is to use the LBRY Desktop whenever possible to seed what you see back to the network, and download and distribute content from creators you like: https://github.com/belikor/lbrydseed. If you want to, you can coordinate who and what you're seeding with other people here according to your resources to maximize your impact! If you have any miners, please continue to mine LBC as this allows the LBRY Blockchain to continue processing new blocks and continue moving forward. Our recommendation is LBRYPool: https://lbrypool.net as this pool directly works with the foundation and contributes a percentage of each mined block to us! Hub servers are also extremely important for LBRY Desktop and other apps based off the LBRY SDK. What about core infrastructure like hub servers? In case you have more spare hardware capacity, we are looking to prepare documentation that will help you set up and recommend your instances of crucial software soon. Running full nodes is also very important (LBCD, LBRYCRD) as this directly helps the blockchain for LBRY. What happens with unspent LBC and donations? We have some debts to settle, so the priority will be to repay those. The rest of our funds will be kept safe and transferred to the new organisation we establish when the time comes. Is an election still happening this year? No. However, this does not signify a departure from our commitment to community involvement and governance. You will continue to be our priority, and we want your input on this new corporation as we move towards starting our next entity!