Back in the early 2000s, LimeWire was one of the most popular file-sharing services on the interwebs. Today the company is back, revamped, and retooled as an NFT marketplace. While LimeWire lost a four-year battle against the US music industry in 2010, they return with new management, now relaunching as a “mainstream-ready, digital collectibles marketplace for art and entertainment, initially focusing on music.” The LimeWire NFT platform aims to remove some of the hurdles NFTs face today, offering easy signup and direct credit card payment via Wyre’s payment platform.
The company hopes to partner with top musicians and register a million buyers by the end of the first year. The relaunch will be headed by brothers Julian and Paul Zehetmayr, who acquired the naming rights for the service. The Zehmatyrs also run an electronic signature company, Ever sign, and B2B software companies Currencylayer and Stack Holdings. Julian stated: “It’s important to note that we are not relaunching LimeWire as an alternative to streaming platforms, but rather as an additional channel for artists to sell exclusive music and art directly to collectors. The LimeWire website is live and features an open public waitlist.
According to the timeline, the marketplace is set to launch in May, followed by an LMWR Token sale later in the year. Head over to LimeWire to find out more and keep it locked with The Culture Curators for more art and NFT news coming very soon.
Photos via LimeWire