A system and method facilitate a credit system for providing user incentives to encourage data sharing in a P2P network. The credit system maintains a user credit database and respectively increases or decreases a user's credits based on the data uploaded to or downloaded from other peer nodes. The credit system can also associate a user's credits with economic value or rewards to encourage the user to share data with other peer nodes. In one embodiment, the credit system maintains a credit record for each user. The credit system increases the credit for a user based on the amount of data a peer node associated with the user uploads to other peer nodes in the P2P network. The credit system also decreases the credit for the user based on the amount of data downloaded by the peer node associated with the user.