Odysee

Odysee is a social video platform created in December 2020 on the LBRY blockchain [[96]](#src-96). In March 2021, the SEC sued LBRY Inc. over the unregistered sale of its LBC token, and in November 2022 a federal court in New Hampshire ruled in the SEC's favor [[97]](#src-97)[[98]](#src-98). In May 2023, the SEC asked to reduce the civil penalty from $22M to $111,614, as LBRY lacked sufficient funds [[97]](#src-97). On Oct 19, 2023, LBRY Inc. announced it was winding down: the LBRY network is not affected, Odysee and the other assets go through a legal process to pay debts, and LBRY dropped its appeal [[97]](#src-97)[[98]](#src-98). Odysee then had about 5.3 million monthly unique users, according to CoinGecko data cited by ForkLog [[97]](#src-97). On Jun 6, 2024, Forward Research, the main contributor to Arweave, acquired Odysee, which claimed more than 7 million monthly active users [[99]](#src-99)[[100]](#src-100). On May 27, 2025, Odysee unveiled Portal, a decentralized publishing platform [[102]](#src-102). In July 2025, Odysee replaced Stripe with a decentralized payment system in Arweave's AR token via Wander Wallet, with US dollar stablecoins planned: LBC tips ended on Jul 10, 2025, and paid memberships no longer renew automatically [[101]](#src-101). In October 2026, Odysee operates under Forward Research, with no recent official audience figure in the sources reviewed.

---