- LimeWire, a famous platform from the early 2000s, is relaunching in May as an NFT marketplace.
- Instead of focusing on the aspects that made the original company famous, it instead is going for the burgeoning NFT world.
- This LimeWire was bought by Paul and Julian Zehetmayr and has no affiliation to the original company.
LimeWire, the former peer-to-peer file-sharing company, will relaunch in May as an NFT marketplace. Rather than jump into the company’s previous business back in the 2000s, LimeWire is jumping into the growing NFT world.
The company announced the relaunch on Wednesday, alongside its intention to focus on the market for digital collectibles. LimeWire will focus on entertainment content, music, and art, according to a press release. Additionally, an NFT is due to drop later in the year with a special reward system.
Furthermore, LimeWire is offering multiple payment options to make it easier for customers to buy NFTs. These options include cryptocurrencies and credit cards. The company has partnered with Wyre to facilitate payments.
LimeWire stated the following in a media release:
fans and collectors will be able to buy and trade a variety of music-related assets, such as limited editions, pre-release music, unreleased demos, graphical artwork, exclusive live versions, as well as digital merchandise and backstage content.
fans and collectors will be able to buy and trade a variety of music-related assets, such as limited editions, pre-release music, unreleased demos, graphical artwork, exclusive live versions, as well as digital merchandise and backstage content.
LimeWire’s board includes members from the management teams of H.E.R. and Wu-Tang Clan. In other words, the company has a number of mainstream artists on deck who can participate.
Currently, LimeWire has a waitlist where people interested in the May launch can sign up. It has a token system that will act akin to a “loyalty reward program” for token holders. Creators and other artists can register for the waitlist to get early access to the new LimeWire marketplace.
Paul and Julian Zehetmayr bought the rights to LimeWire and are capitalizing on the brand’s early 2000s fame. This new LimeWire has no affiliations with anyone from the original company.