LimeWire was once the most popular music-sharing service that attracted over 50 million users monthly before being shut down in 2011 over legal issues concerning the music industry. LimeWire Re-Launches in NFT Marketplace Now, LimeWire is set to make a comeback on a new crypto sphere platform. Launching in May 2022, with no affiliation to the original team, the new company plans to offer artists an opportunity to gain revenue with their music. Brother Paul and Julian Zehetmayr said, “We are initially launching a music-focused marketplace, so the brand (name) was really the perfect fit for that with its legacy.” The two brothers named their company after the original name, LimeWire GmBH. LimeWire has been planning to make a crypto-centered comeback and has joined the trending bandwagon – NFTs (non-fungible tokens). Objective of LimeWire LimeWire is primarily focusing on artists in the music industry, who can sell pre-release music, graphical artwork, exclusive versions, digital merchandise, etc. LimeWire allows fans and collectors alike to purchase, sell, trade a variety of music-related digital assets. The brothers concluded, “LimeWire laid the foundation for music streaming; it’s a piece of internet legacy and we are thankful that we can turn it around at something for the music industry.”
Merging the principles of decentralization and the open web paves way for democratic concepts like digital inclusion and free expression. As crypto enthusiasts, we all want projects to abide by what decentralization is all about, giving every individual a chance to be part of the project’s growth, as opposed to relying on select gatekeepers or […]
As the first week of an already-tumultuous March draws to a close, let's take a look back at the news stories that dominated the worlds of forex, fintech, and crypto, in our best of the week segment.
Written by: Aaron Vick | Muti-X Founder, Web3 Futurist, Technology Evangelist, Author of Inevitable Revolutions: Secrets and Strategies for a Successful Business & more NFT projects are amazing technological and behavioral case studies in feeding addictive behavior& gamifying the race to be early members of a project. Why would anyone want to be early in the project? Well, for […]
Investors are fanatical about Fanatics, as they recently pumped $1.5 billion into the sports merchandise maker, valuing the aspiring gaming company at $27 billion. The latest funding round for Michael Rubin’s privately held company included existing investors as well as BlackRock, Fidelity, and MSD Partners — an investment vehicle controlled by Dell founder Michael Dell. […]