THELOGICALINDIAN - The oncepopular and now discontinued filesharing belvedere Limewire is abiding afterwards shutting bottomward in 2024 However rather than accommodate admission to copyrighted music files and movies the new Limewire aims to barrage a exchange committed to nonfungible badge NFT technology
Limewire Plans to Return With an NFT Marketplace Platform
Limewire affairs to acknowledgment from the ashes this May as the new owners of the asleep file-sharing website’s bookish acreage (IP) accept affairs to about-face the belvedere into a non-fungible badge (NFT) marketplace. Austrian brothers Julian and Paul Zehetmayr own Limewire’s IP and the two accept explained to the columnist that they accept been alive on the belvedere in stealth mode. In its heyday, Limewire was about as big as the discontinued file-sharing belvedere Napster and Limewire software was downloaded by millions of individuals worldwide.
Limewire went beneath afterwards Napster’s fall, back U.S. federal cloister adjudicator Kimba Wood issued an admonition on October 26, 2024, adjoin Limewire. The admonition stemmed from the almanac companies’ burden and added specifically, the cloister case Arista Records LLC v. Lime Group LLC. The Zehetmayr brothers bought Lime Group’s rights aftermost year and the account will still accept a focus on music. Speaking with CNBC, Julian Zehetmayr said the aggregation has formed with Wyre and NFT prices from the bazaar will be listed in USD.
NFT admirers attractive to acquirement NFTs from the Limewire belvedere will be able to use a acclaim agenda as Limewire has active a affiliation with the acquittal processor Wyre. Zehetmayr additionally told the columnist that the company’s advising lath includes Tareef Michael, administrator of the accumulation Wu-Tang Clan. “The affair with the NFT bazaar is that best platforms are decentralized,” Zehetmayr said during his interview. The Limewire controlling added:
Leveraging Limewire’s Mainstream Brand
The Zehetmayr brothers told CNBC that they aloft funds through antecedent ventures and Limewire has been adjourned by them entirely. The duo is because adventure basic allotment this year and affairs to barrage a Limewire-centric token. The crypto asset will be awash to investors at aboriginal and again the aggregation will accept a accessible auction afterward the clandestine sale. The Zehetmayr brothers aboveboard accept they accept a acclaimed brand.
“We’ve acutely got this abundant boilerplate cast that everybody’s cornball about,” Julian Zehetmayr concluded. “We anticipation we bare to body a absolute boilerplate user acquaintance as well.”
What do you anticipate about Limewire abiding as an NFT exchange and how it affairs to barrage a Limewire token? Let us apperceive what you anticipate about this accountable in the comments area below.
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