LimeWire is Back as an NFT Marketplace
Offering direct credit card payments without the need for crypto wallets.
LimeWire, the popular early 2000s file-sharing service known for the illegal download of music and movies, is officially back as an NFT marketplace.
LimeWire lost a four-year battle against the US music industry in 2010 and has since then has remained a nostalgic relic of the past until now. According to the new management, it is now relaunching as a “mainstream-ready, digital collectibles marketplace for art and entertainment, initially focusing on music.”
The LimeWire NFT platform hopes to remove the hurdles of the current landscape by offering easy signup and direct credit card payment via Wyre’s payment platform using USD pricing. It 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 are currently also running electronic signature company Eversign, and B2B software companies Currencylayer and Stack Holdings. “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,” Julian clarified.
The LimeWire website is now live with an open public waitlist. According to the current timeline, the marketplace will launch sometime in May followed by an LMWR Token sale in Q4 of 2022.
Elsewhere, Benny Robinson worked with Franco Loro Piana on a series of NFTs.
