LimeWire, the long-lasting discontinued peer-to-peer file sharing consumer, is making a comeback — however not in the best way you may anticipate. It is going to now be a music NFT market.
Based on Bloomberg, two Australian entrepreneurs purchased the rights to the platform with a plan to revamp its picture by promoting NFTs.
Learn extra: Prime 15 methods we found music earlier than Spotify existed
LimeWire is an notorious a part of music historical past. The platform provided many individuals a path towards music discovery in addition to gnarly viruses. As a consequence of rampant piracy on the platform, LimeWire was shut down in 2010 amid authorized controversy. Now, it nonetheless holds a nostalgic place for a lot of music followers who affiliate it with 2000s music and tradition.
Brothers Julian and Paul Zehetmayr are hoping to make use of the nostalgia hooked up to LimeWire to create a storefront the place customers can purchase and commerce music-related NFTs.
“It’s a really iconic title,” Julian says in an interview. “Even if you happen to look on Twitter at present, there’s a whole bunch of individuals nonetheless being nostalgic in regards to the title. Everyone connects it with music, and we’re launching initially a really music-focused market, so the model was actually the proper match for that with its legacy.”
LimeWire GmbH, which has no affiliation to the unique group, is ready to launch in Might.
