File-sharing service Limewire is back with its own line of NFTs
While it carved out its own special place on the internet of web2, the file-sharing service LimeWire aims to make some more history by entering the world of NFTs. While not under the same leadership – the brand, having been bought by the brother duo of Paul and Julian Zehetmayr, is now being put to use as a specialist NFT platform.
The name is the only aspect to be carried over from the prior incarnation, however. But the process of obtaining, even the name of the 12-year inactive company.
According to the 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.”
In a statement made by the now company Co-CEO – Paul Zehetmayr – the strongest focus of LimeWire is in supporting smaller-scale content creators like musicians while opening the ecosystem up to people beyond NFT-whales.
“The biggest challenge with digital collectables and the broader crypto market, in general, is that it’s really limited to a small group of savvy users… We want to remove all those obstacles and make it easy for people to participate, while at the same time offering an exciting platform for crypto natives.”
The new LimeWire team, which is situated across Austria, the UK, and Germany, plans to use the platform in May. Its new owners said it will partner with the music industry and the artists, who can sell pre-release music, unreleased demos, graphical artwork, exclusive live versions, as well as digital merchandise and backstage content.