Hero Circle Shape
Hero Moon Shape
Hero Right Shape
比特派钱包官网下载苹果|limewire

比特派钱包官网下载苹果|limewire

  • 作者: 比特派钱包官网下载苹果
  • 2024-03-07 19:39:17

LimeWire

WireSearch$0.00 +0.00%LMWR priceBuy LMWRAI ToolsMoreSign InCreate with AIopen searchopen menuExploreAI StudioAllImagesVideosAudioLimeWire AI StudioLimeWire is the place to create, publish and monetize content using the power of AI. Use the LimeWire AI Studio to create amazing generative images, music, and audio. Publish your creations on LimeWire and receive up to 90% of all ad revenue.Try AI StudioExploreAI Stu

为什么 LimeWire 选择 Algorand 进行复出? - 知乎

为什么 LimeWire 选择 Algorand 进行复出? - 知乎切换模式写文章登录/注册为什么 LimeWire 选择 Algorand 进行复出?朵朵开币“更多优质海内外一级市场项目,每天分享优势潜力币种信息,欢迎关注交流探讨”流行的点对点文件共享服务 LimeWire 将在区块链上卷土重来。根据新闻稿,该平台将作为在 Algorand 上运行的不可替代令牌 (NFT) 市场重新启动。该新闻稿称,LimeWire 选择了这个网络,因为 Algorand 所谓的能源消耗水平使其成为“节能 NFT 市场的首选区块链”。该网络将提供一个可扩展的低成本交易平台和一个以太坊-多边形桥。正如 LimeWire 之前报道的那样,该平台将使用自己的名为 LMWR 的原生代币来支持其市场。除了与 LimeWire NFT 进行交易的能力外,据称用户还可以访问“独家社区”、投票权和奖励系统。该平台将允许内容创作者(最初是音乐家)推出数字资产,这样粉丝就可以购买、出售和交易它们,而不会遇到替代品的“技术障碍”。通过这种方式,LimeWire 试图通过为用户提供独特的体验和访问他们最喜欢的艺术家的独特物品来吸引用户。新闻稿声称:音乐爱好者和收藏家将能够购买和交易各种与音乐相关的资产,例如限量版、预发行音乐、未发行的演示、图形艺术品、独家现场版本,以及数字商品和后台内容。该平台将特别关注没有技术专长或不熟悉加密货币和数字资产的用户。因此,“新手”或“菜鸟”将成为此次品牌重塑的主要目标受众。新的 LimeWire 平台将让用户通过“无缝 KYC”完成“简单”的注册过程来进行交易。作为奖励,商品将以美元定价,用户无需从一开始就设置加密钱包。为了完成这一目标,用户将能够使用信用卡、银行转账和其他传统支付方式购买数字资产。LimeWire 声称已巩固与 Wyre 的合作伙伴关系以提供此服务。根据新闻稿,新的 LimeWire 将是一个混合平台。旨在将 Web2 平台的最佳方面与 Web3 的潜力和优势相结合。LimeWire 联合首席执行官 Paul Zehetmayr 在最近的公告中表示:总体而言,数字收藏品和更广泛的加密市场面临的最大挑战是它实际上仅限于一小群精明的用户。市场上已经有大玩家,但进入壁垒仍然太大,无法让主流采用。除了传统的支付方式,用户将能够使用不同的加密货币来购买数字资产。Algorand 首席执行官 Steven Kokinos 说:我们很高兴看到 LimeWire 在 Algorand 区块链上推出,并看到他们在音乐收藏品市场掀起风暴的巨大潜力。对数字收藏品的兴趣只会越来越大,我们渴望支持像 LimeWire 这样的全球品牌进入该领域,以帮助向主流开放市场。根据新闻稿,新的 LimeWire 市场将于 2022 年 5 月推出。该平台承诺为其市场首次亮相提供“大牌阵容”。截止目前,ALGO 的交易价格为 0.68 美元,在过去 24 小时内下跌了 2%。名川投研致力于发现、投资并孵化更多具有潜力价值的项目,从而推动赋能行业进步和应用落地,进一步建立投资生态,全面联合各个领域的资源,帮助项目更好地发展,如果您喜欢研究一些暴涨的币种、潜力的一级市场项目,欢迎您关注我。发布于 2022-03-15 17:37币圈[超话]区块链(Blockchain)​赞同​​添加评论​分享​喜欢​收藏​申请

What Happened To LimeWire? What The File-Sharing Service Is Up To Now

What Happened To LimeWire? What The File-Sharing Service Is Up To Now

Skip to content

Menu

Categories

Business Essentials

Business Failures

Business Models

Competitive Landscape

Company Forensics

About

Menu

Categories

Business Essentials

Business Failures

Business Models

Competitive Landscape

Company Forensics

About

What Happened To LimeWire? What The File-Sharing Service Is Up To Now

by Viktor Hendelmann

Executive Summary:

LimeWire was a peer-to-peer file-sharing program that allowed its users to download and upload music in the form of MP3 and other file formats.

LimeWire was shut down in October 2010 as a result of a legal battle between the company and the Recording Industry Association of America. The company rebranded back in May 2022 and launched as a marketplace for NFTs.

Launched in the year 2000, LimeWire grew to become one of the world’s most prominent file-sharing programs. At one point, its software was installed on 18 percent of all computers in circulation.

What Was LimeWire?

LimeWire was a peer-to-peer (P2P) file-sharing program that allowed its users to download and upload files through desktop software.

Torrent Freak

The software could be downloaded and used on devices that had Windows, macOS, Solaris, and Linux installed.

LimeWire was based on Gnutella, which is a network protocol that allows individual machines to interact with each other.

Users could then download and upload a variety of file formats, including MP3 (for music), AVI/MPEG (video), JPG (images), and more.

In order to use LimeWire, users had to first download the software via its website or any other third-party website (such as CNET).

Then, you would go on and open the file that launches the Installer Wizard. After completing the installation, users would have to select which local folders (on their computers) should contain LimeWire files.

Lastly, you would give LimeWire permission to bypass any firewall software. Once they opened the software, users could simply search for any file they wanted to download to their computer.

LimeWire was available at no cost. If users wanted to up their download speeds and search results as well as receiving access to tech support, they could opt into LimeWire Pro for a yearly fee of $21.95.   

LimeWire was eventually shut down in October 2010 after a long-lasting legal battle with the Recording Industry Association of America (RIAA) – a battle we’ll explore closer in the next chapter.

What Happened To LimeWire?

LimeWire, operated by Lime Wire LLC and headquartered in New York City, was initially released on May 3rd, 2000.

The software is the brainchild of Mark Gorton, who himself came from a finance and engineering background. Gorton earned electrical engineering degrees from Yale and Stanford, respectively, and then moved on to work for a defense contractor.

In 1991, he enrolled at Harvard Business School to pursue an MBA, which he wrapped up two years later. Over the course of the next five years, he worked for various Wall Street-based companies, including Credit Suisse and First Boston.

In 1998, Gorton made his first foray into entrepreneurship by founding Tower Research Capital, a hedge fund that utilized quantitative trading and investment strategies. He even incorporated a separate entity called Lime Brokerage which created high-frequency trading software to place trades.

Around the same time, the P2P file-sharing craze slowly begun to take off as more and more people gained access to computers and the internet at large.

The most prominent of the bunch was Napster, which launched in the summer of 1999. Napster had amassed millions of users within a matter of months, at one point even making it one of the most frequented websites in the United States.

Nevertheless, Napster began facing legal troubles almost as soon as it launched, which ultimately led to its demise (you can read more about the company by checking out the link above).

Gorton decided to capitalize on the P2P craze by launching a service of his own. He recruited a variety of technology experts, including Greg Bildson (who joined LimeWire as its CTO), to build out the technology.

LimeWire was initially released in May 2000 – without much public attention. Gnutella, the protocol that LimeWire was built upon (and which just launched months prior), was gaining so much popularity that its network simply became overwhelmed, which led to download speeds being extremely slow.  

One of the major things that set LimeWire apart was a feature called heartbeat ping and heartbeat pong. It allowed the network to reorganize itself so that heavy traffic nodes would connect with other heavy traffic nodes while the slower connections would be unaffected. That meant if the connection didn’t respond, they would simply drop it.

Furthermore, LimeWire was troubled by demand simply outstripping available supply. There were only a few clients available on its network while demand for downloads was substantially higher.

The tide eventually turned when Napster was forced to shut itself down on July 1st, 2001. Many of its existing users eventually began using LimeWire for a variety of reasons.

For once, LimeWire was less aggressive in displaying ads within its software than some of its competitors at the time, which included BearShare, Morpheus, and KaZaA.

Second, many of those competing platforms hosted files that contained viruses. LimeWire had built tools that were scanning files more rigorously, thus offering a much safer experience.

By the end of 2001, LimeWire had attracted millions of users to its software. Over the coming years, it continued to release product improvements while growing in popularity. In 2005, one of its biggest competitors, Grokster, was forced to shut down. Consequently, the majority of Grokster’s users migrated to LimeWire.

As a result of its growing popularity, LimeWire was able to grow its annual revenue from $6 million in 2004 to over $20 million in 2006. Its software, at that point, was installed on 18 percent of all computers in circulation. LimeWire essentially became the world’s most prominent P2P file-sharing software.

Despite (or rather because of) its overwhelming success, LimeWire eventually had to face legal consequences as well. In August 2006, the RIAA (which also managed to shut down Napster in 2001) filed a lawsuit against Lime Wire LLC.

The RIAA, which represents the major studios Universal Music, Sony BMG, EMI, and Warner Music Group, stated that LimeWire’s software enabled users to exchange copyrighted music without the label’s consent. RIAA demanded $150,000 for every song illegally traded on the network.

Weeks later, LimeWire’s lawyers filed a countersuit, alleging that the studios refused to license their music to LimeWire to put it out of business. Obviously, LimeWire also denied any wrongdoing.

A year after the lawsuit was made public (in August 2007), LimeWire announced that it intended to launch a digital music store (much like iTunes). The store, which would be a standalone website, would allow customers to purchase individual songs for a one-time fee.

Meanwhile, a federal judge tossed its claims against the RIAA, stating that it had provided more than a million pages of documents and 100GB worth of data to support its case.

LimeWire, in turn, had “not yet identified any additional facts it would plead that would enable it, for example, to demonstrate the existence of a conspiracy” against its business.

Finally, in March 2008, LimeWire unveiled the beta version of its music store. The digital store, which was only available to U.S.-based customers, offered a catalog of 500,000 songs from independent labels on either a pay-per-track or monthly subscription basis. The major labels, as expected, did not join the service.

Later, in July, LimeWire entered the news cycle once again – this time not over copyrighted music, though. The personal data of Supreme Court Justice Stephen Breyer was stolen from his computer and made available for download on LimeWire.

Subsequent reports and TV documentaries revealed other sensitive information that was being shared on LimeWire. For instance, more than 150,000 tax returns and almost 626,000 credit reports were uploaded on its network for download.

Mark Gorton, who by that time had become the firm’s chairman (while George Searle led the company as CEO from 2007 onwards), even sent a letter to congress, assuring that LimeWire would add certain features to prevent the sharing of sensitive data. For instance, it prohibited the sharing of file types such as .doc, .pdf, or .rtf.

Meanwhile, LimeWire continued to focus on expanding its legitimate store offering. In August 2008, it cut a deal with The Orchard, a large digital distributor for independent artists and small labels, to add another one million song titles to its store.

Unfortunately, not everyone was liking its efforts. In July 2009, LimeWire employees allegedly got into a bar fight with representatives from the music label Dovecote Records.

The real smackdown happened a few months later, though. In May 2010, almost four years after the RIAA filed its initial lawsuit, U.S. District Judge Kimba M. Wood ruled that LimeWire had committed “substantial amount of copyright infringement”. She, furthermore, stated that the company had not taken any meaningful steps to combat the sharing of copyrighted material.

As a result of the ruling, LimeWire allegedly considered to filter out pirated content while trying to strike a deal with the major labels to distribute their music legally. The labels did not bulge, though.

In June 2010, they asked a New York federal court to shut down the platform. Furthermore, the record labels demanded more than $1 billion in compensation for all the songs that had been illegally exchanged on LimeWire.  

On July 3rd, 2010, a federal judge rejected a request by the labels to freeze all of LimeWire’s and Groton’s assets. Back in 2005 and beyond, the founder had allegedly moved a substantial amount of LimeWire assets into a family trust to secure them from a potential settlement.

On the 26th of October, 2010, LimeWire’s days as a file-sharing network were officially over. Judge Wood issued an injunction that forced the platform to deactivate “the searching, downloading, uploading, file trading and/or file distribution functionality, and/or all functionality” of its software.

While LimeWire’s goal remained to become a legitimate digital music store, realistically it was a mere drop in the proverbial ocean. None of the major labels, after four years of litigation, would have been willing to work together with the company.

A month after LimeWire was forced to shut down, an unauthorized version called LimeWire Pirate Edition (LPE) emerged – officially without the knowledge of its predecessor.

After mounting legal pressures, LimeWire eventually decided to shut down its music store on December 31st, 2010. A few months later, in May 2011, LimeWire finally settled with the RIAA for a total of $105 million.

Unfortunately for LimeWire, that wasn’t the rest of the story. In July 2011, LimeWire was sued by Merlin, a trade group representing 12,000 indie labels (including artists like Adele), filed a similar lawsuit to the one that the RIAA had just won.

In February 2012, a group of three Hollywood studios, including Disney and Paramount, filed another copyright infringement lawsuit.

While LimeWire settled with Merlin in March 2012 for $15 million, the Hollywood studios eventually dropped their $200 million copyright lawsuit in November 2013.

In the meantime, a former LimeWire developer named Zlatin Balevsky as well as unnamed colleagues purchased the company’s domain back in 2011. For the longest time, when accessing LimeWire.com, one would be able to download MuWire, a similar P2P filesharing service. This all changed in March 2022, though.

That same month, and twelve years after shutting down, the company announced that it would relaunch as an NFT marketplace in May.

Ironically, the platform now focuses on selling music and entertainment-related NFTs and even agreed to a deal with Universal Music Group to license some of its content.

limewire.com

To get the new business established, the new owners managed to raise $10.4 million via an Initial Coin Offering (ICO) in April 2022. It remains to be seen whether the new ownership can make it work this time around.

By the way, if you feel bad for Gorton, then be assured that he came out just fine. In 2016, he purchased a New York townhouse for $7.55 million. He, furthermore, remained at the helm of his high-frequency trading firm Tower Research Capital, a company with over 1,000 employees, until August 2019.

Why Did LimeWire Shut Down?

LimeWire shut down in October 2011 because it lost its legal battle with the Recording Industry Association of America.

Due to a substantive number of copyright infringement cases, U.S. District Judge Kimba M. Wood ruled that LimeWire had to immediately halt the distribution of any copyrighted materials.

Looking at Napster, which now operates as a legal music streaming service and also tries to establish itself as an NFT marketplace, many believed that LimeWire could’ve gone on to exist if it wanted to.

Apparently, Gorton and LimeWire executives only began reaching out to the major labels regarding the launch of a legitimate service after the initial ruling in May 2010.

This sentiment was further supported by Wayne Russo, a former president at Grokster. In an interview with CNET, he said that they wouldn’t even want to discuss the creation of a legal platform as they thought they were untouchable.

After all, Gorton slowly but surely moved many of his LimeWire assets into a protected family trust. Or to put it in the words of Wayne Rosso:

“He knew what he was doing. The problem is Mark Gorton thinks he’s smarter than everybody else. Certainly, he thinks he’s smarter than his attorneys…I don’t feel sorry for any of these guys. They had plenty of opportunity to do something legitimate. They chose something else.”

Categories Business Failures, Digital Services

The Shopee Business Model – How Does Shopee Make Money?The Clubhouse Business Model – How Does Clubhouse Make Money?

Viktor Hendelmann

Hi folks, Viktor checking in! Years of experience in various tech-related roles have led me to start this blog, which I hope provides you with as much enjoyment to read as I have writing the content.

...

Join The Tribe

Your Email *

Your Name

Leave this field empty if you're human: Popular case studies The Robinhood Business Model – How Does Robinhood Make Money?

The WhatsApp Business Model – How Does WhatsApp Make Money?

The Airbnb Business Model – How Does Airbnb Make Money?

The PayPal Business Model – How Does PayPal Make Money?

The Shopify Business Model – How Does Shopify Make Money?

About productmint

productmint.com provides tailored content on all things business and tech. The site arose from my fascination with how modern-day businesses utilize technology and product-led thinking to become dominant players in their industry.

Navigation

BusinessProductPrivacy PolicyTerms of Service

Follow productmint

FacebookLinkedInTwitterBuy me a coffee

Last Updated on December 23, 2022 by Viktor Hendelmann

LimeWire重启后,收购Midjourney竞争对手BlueWillow_腾讯新闻

LimeWire重启后,收购Midjourney竞争对手BlueWillow_腾讯新闻

LimeWire重启后,收购Midjourney竞争对手BlueWillow

LimeWire 是 21 世纪初流行的点对点音乐分享服务,曾因盗版问题引起音乐行业的愤怒,去年在新所有者的带领下,LimeWire作为一个以音乐为中心的 NFT 平台重新推出。近日,为了扩大业务范围,LimeWire 宣布收购 BlueWillow,这是一个与 Midjourney 和 Stable Diffusion 等竞争的 AI 图像生成平台。

BlueWillow 是在今年早些时候创立的,随着人们对生成式 AI 的关注度越来越高,Discord成为创作者使用这些 AI 工具的首选平台,并且免费使用,因而迅速崛起。BlueWillow称其是 Discord 上第二大 AI 图像生成社区(第一是 Midjourney),自今年 1 月推出以来,已经拥有 250 万用户,创建了超过 5 亿张图片。

该公司计划保留 BlueWillow 在 Discord 上的业务,同时将功能整合到 LimeWire 网站上,成为 LimeWire 为创作者提供的一部分服务,并将成为 LiveWire 未来开发更多媒体服务的基础。

此次交易的财务条款尚未披露,但收购不涉及 BlueWillow 的任何人才。BlueWillow 的创始人兼负责人 Ritankar Das 在接受采访时表示,创建 BlueWillow 的团队正在为 LimeWire 提供平台过渡期的建议,但他们计划最终集体离开,去从事一个仍处于隐秘状态的新AI项目。

对 LimeWire 而言,这笔交易突显出该公司不断努力扩大其用户群和收入。当初重新启动时,它的计划是为音乐创作者建立一个 NFT 市场,为此它通过代币销售筹集了大约 1750 万美元。有消息称,今年早些时候它的估值约为 6000 万美元。

但随着 NFT 的热度消退,LiveWire 的创始人 Paul 和 Julian Zehetmayr 转向构建一个更多元的创建和分发内容的平台,而 NFT,根据 Julian 的说法,“现在更多的是一个副业”,而不是 LimeWire 的核心业务。

在核心业务方面,公司已经聘请了一支工程师团队来为创作者构建订阅和其他功能,但在基于AI的图像生成方面,它依赖于第三方集成。收购BlueWillow使LimeWire能够提供自己的图像生成工具,并对其进行扩展:它的计划是最终加入视频和音频生成。

BlueWillow与Midjourney类似,是作为一个自筹资金的项目启动和开发的,资金来自创始人。Das表示,他建立BlueWillow的初衷是,并不是为了打造一个AI赚钱机器,而是想更好地理解生成式AI工具的工作原理和构建方式。

他说,“我们看到很多人都在为图像开发生成式AI模型”,他想参与到科技界所说的“寒武纪大爆炸”中。尽管很多人都关注到少数几家建立了自己的大型语言模型来驱动服务的公司,但是Das和他的团队看到的是,市场上实际上有数十种LLM,如果同时使用其中的几种,那么就会加快构建基本服务的时间,让工程师专注于构建更好的用户界面和前端等其他部分,让使用BlueWillow变得更简单。

他说,“让用户使用起来真正容易”是他们的主要目标,这涉及到BlueWillow建立自己的“权重”和定制来改进图像制作,具体取决于BlueWillow被用来做什么以及为谁使用。“例如,建筑师和广告商对外观和感觉的要求非常不同,因此我们专注于为每个人构建最适合的产品。”

但从长远来看,Das及其团队并没有真正考虑到扩展和建设BlueWillow所带来的压力和成本——计算能力并不是免费的。他们没有立即筹集资金的计划,所以当LimeWire来敲门时,决定卖掉似乎并不是一个艰难的选择。

The History Of LimeWire: How It Worked And What Happened To It

The History Of LimeWire: How It Worked And What Happened To It

×

NEWS

TECH

CARS

ENTERTAINMENT

SCIENCE

REVIEWS

HEALTH

FEATURES

About

Editorial Policies

Reviews Policy

Privacy Policy

Terms of Use

© 2024 Static Media. All Rights Reserved

The History Of LimeWire: How It Worked And What Happened To It

NEWS

TECH

CARS

ENTERTAINMENT

SCIENCE

REVIEWS

HEALTH

FEATURES

Technology

The History Of LimeWire: How It Worked And What Happened To It

Wikipedia/Shazz

By Jack Goodwillie/July 25, 2023 4:30 pm EST

Rapidly expanding internet capabilities in the early 2000s paved the way for rogue applications to emerge and fundamentally change the relationship between consumers and media companies. LimeWire is perhaps one of the most well-known P2P (peer-to-peer) file-sharing platforms of all time to offer unrestricted access to music, movies, games, and more. Despite its popularity, LimeWire endured harsh lows to go with its high points and ultimately ceased to exist altogether.

During its peak in the mid-2000s, LimeWire boasted millions of active users. Audiophiles found themselves exposed to an unprecedented library of songs, artists, and genres. While iTunes also came to prominence around this time, LimeWire, apart from being free, also included music and audio files not accessible through Apple's music store. While established artists were forced to cope with their music being downloaded without their consent, up-and-coming artists took advantage of the platform as a way to reach a global audience without record label support.

However, LimeWire's meteoric rise came at a cost. Copyright holders including major record labels and film studios vehemently opposed the platform, arguing that it facilitated piracy and inflicted severe financial losses on the entertainment industry. This notion, and years of litigation, ultimately brought the platform to its knees — but not before it left a lasting impact on the file-sharing world that is still felt to this day.

Here is the history of LimeWire, how the program worked, and what happened to it.

[Featured image by Shazz via Wikimedia Commons | Cropped and scaled | CC BY-SA 3.0]

About the creator

Ramin Talaie/Getty Images

Mark Gorton, born in 1966, is the founder and creator of LimeWire. He grew up in New Jersey and holds a Bachelor's in Electrical Engineering from Yale University and a Master's in Electrical Engineering from Stanford University. After starting his professional journey as an electrical engineer at Martin Marietta (now Lockheed Martin), he ventured into the realm of fixed-income trading at Credit Suisse First Boston due to his burgeoning interest in business (he received his MBA from Harvard University). Subsequently, he set out on his own path, establishing the Lime group of companies.

Gorton cut his teeth as an entrepreneur and software developer but continues to run Tower Research Capital, the financial services firm he founded in 1998. He is also a staunch advocate of green initiatives, which may just be a coincidence given the prominence of the color green in LimeWire's logo. Gorton has also been recognized as one of the "50 Visionaries Who are Changing Your World" by Utne Reader and recently made headlines for setting up a super PAC for United States Presidential Candidate Robert F. Kennedy Jr.

Little else is known about Gorton's personal life, though it is important to understand his role in launching the application as the man who brought the program to relevancy. While he holds two electrical engineering degrees, Gorton's public persona is that of a businessman above all else. For Gorton, LimeWire's creation was rooted in business more than anything else.

Conception

Chayanit/Shutterstock

During the late '90s and early 2000s, digital file-sharing quickly drew a cult following, but existing platforms like Gnutella presented too many challenges for the average user to navigate. Others, namely Napster, only lasted for a couple of years before being shut down for good. 

Gorton identified this gap in the market and aimed to develop a more accessible P2P file-sharing application that extended beyond digital audio. He wanted users to be able to share music, videos, images, and software with the click of a button. As a result, he put together a team of engineers in the spring of 2000 to develop software capable of supporting this idea. While the service was not an overnight success, it eventually amassed 1.7 million users — the same as iTunes had at that time — by 2005.

The name LimeWire partially came from Lime Objects, a failed subsidiary that eventually merged into LimeWire. However, the application did not formally take on its new name until shortly before the beta went public in November 2000. As LimeWire COO Greg Bildson wrote in a column on Medium, the development team liked the name LimeNode quite a bit but chose to go with a different name as the words "lime" and "node" are derivatives of plants. With the name LimeWire, the company could pay homage to the application's roots with "lime" while "wire" loosely referred to the program's function — to connect people to all forms of media as efficiently as possible.

Napster influence

360b/Shutterstock

While file-sharing systems like Gnutella helped lay the foundation for LimeWire to build on, none were as impactful as Napster. The P2P platform launched in 1999 and allowed audiophiles to share and download MP3 files from each other's computers, offering an alternative to consumers needing to buy CDs, vinyl, and cassettes. With Napster, listeners could download their favorite artist's entire catalog to their hard drives, and the platform soon saw exponential and unprecedented growth. The software launched on June 1, 1999, attracted millions of users, and eventually ceased operations after just two years.

The implementation of such software changed the music industry forever in both positive and negative ways. It revolutionized the way people accessed and consumed music, empowering users with unprecedented access to a vast library of songs. Without Napster, music streaming likely would not exist — but Napster's rapid ascent also threatened to upend the music industry altogether. 

As users freely shared copyrighted music on the platform without permission from artists or record labels, it sparked widespread controversy and legal battles with the Recording Industry Association of America (RIAA) as well as Metallica suing Napster. The RIAA delivered a deadly financial blow to Napster, and without a legal leg to stand on, the company ultimately shut down for good in 2001. However, this paved the way for LimeWire to enter the stage.

Slow growth

Sansert Sangsakawrat/Getty Images

For all of its similarities to Napster, the peaks and valleys of LimeWire did not mirror its audio-only counterpart. Whereas Napster lasted just two years, LimeWire hung around for almost a full decade before being forced to cease operations and did not hit its peak until after the fifth year. This is partially because of how long it took to download files. LimeWire initially used the Gnutella network protocol, which had some inherent inefficiencies that drastically limited download speed. While the LimeWire development team refined and upgraded the network protocol to be more efficient, it took time to move its initial user base over from older versions of the client.

"To say we had a slow start was an understatement," Bildson wrote on Medium. "At the time, we celebrated every 100 downloads and then every thousand but that was just a drop in the bucket ... If anything, we were too conservative in our early days but it gave us time to better understand the space and our competitors. It would take four years at least for this to really pay off." 

Coming off Napster's legal issues, the demand for a service like LimeWire vastly outweighed the supply of those sharing files. However, as the client improved and the sheer effectiveness of LimeWire spread by word of mouth, the program eventually accrued four million active users by 2006 as well as 200 million downloads of its client.

How did LimeWire work?

Wikipedia/Navy Blue

As a P2P file-sharing program, LimeWire allowed its users to download all things digital, and its versatility of files, as well as its ease of use, set it apart from its contemporaries. 

Users would first download and install the client in a matter of minutes before connecting to the network and gaining access to a bottomless pit of digital media. From there, users could simply search for content and receive a list of results based on the criteria. The program then established a direct line between the user's computer and the host computer sharing the file, while users could become a source for others by sharing the newly downloaded file themselves. The more sources, the faster files would download.

Since Gorton saw LimeWire as a business, it's a fair question to ask how the company made money. While the client was free to download, LimeWire also offered a paid version called LimeWire Pro, which promised faster download speeds alongside access to free tech support and software updates for six months. The company also made money through bundling agreements, with the free-to-use version coming bundled with additional software from other companies that paid LimeWire to market their product. The New York Times reported that LimeWire reached $20 million in revenue by 2006 — 14 million of which had been made since 2004. 

[Featured image by Navy Blue via Wikimedia Commons | Cropped and scaled | GNU General Public License]

Becoming synonymous with viruses

Olemedia/Getty Images

The tale of LimeWire is that of a double-edged sword in more ways than one. What made LimeWire great — ease of access, inclusivity, and diversity of files — also opened it up to malicious attacks from criminals and derelicts looking to exploit the platform's massive user base for personal gain. Since the program's file-sharing model allowed people to download files from each other's computers, there was no way effective to prevent select files from coming packed with viruses, nor was there a way for users to know they are downloading a virus aside from a vague star-rating system associated with files.

Sometimes, these viruses could come in the form of infected files that once downloaded, can spread malware like wildfire. Other times, files, particularly executables, would have misleading titles, resulting in double the disappointment for those looking to enjoy free content. 

One of the most notorious threats associated with LimeWire was the LimeWire Pirate Edition (LPE), which meant even the LimeWire client itself could pose as a virus if downloaded from a non-official source. Towards the end of Limewire's lifecycle, it was estimated that one out of every three files on the service contained a virus or some form of malware or spyware. Johnny Tan, a systems administrator at LimeWire, told Mel Magazine that LimeWire was "laissez-faire" with viruses, believing its rating system and a newly proposed method for users to purchase music to be an answer to the client's virus problems.

Initial RIAA pressure and lawsuit

RIAA

LimeWire's spike in growth ended up being detrimental to the company's future as it attracted the attention of the RIAA in 2006. Kazaa, another P2P filesharing platform, had settled with the RIAA, the MPAA (Motion Picture Association of America), and the International Federation of Phonographic Industries (IFPI) just a week before LimeWire received its first significant legal threat. 

The LimeWire suit alleged the company facilitated the illegal sharing of music and failed to make any material effort to stop the piracy on its network. In addition, the RIAA alleged LimeWire not only had knowledge of but encouraged illegal filesharing to boost the platform's visibility. "While other services have come productively to the table, LimeWire has sat back and continued to reap profits on the backs of the music community," the RIAA said at the time, as reported by Ars Technica. The company initially sought damages plus a $150,000 fine for each song illegally hosted on the network.

LimeWire struck back with a countersuit against the RIAA alleging the RIAA engaged in "anti-competitive activities, illegal restraint of trade, tortious interference, and deceptive trade practices." After five years of litigation, the RIAA finally won out, with U.S. District Judge Kimba Wood ruling that LimeWire's users commit a "substantial amount of copyright infringement" and that the Lime Group "has not taken meaningful steps to mitigate infringement" (via Wired). This spelled an end to LimeWire as users knew it — although the platform ended up sticking around another five years while the Lime Group was tied up in litigation.

Settlement with the RIAA

Hxyume/Getty Images

In the fallout from the RIAA's successful lawsuit against LimeWire, the music industry giants asked for a payment of $75 trillion in damages, a conclusion likely reached based on the criteria of each song shared on LimeWire being worth an average of $150,000. Judge Wood said that a request for this amount of money "offends the canon that we should avoid endorsing statutory interpretations that would lead to absurd results" (via Computer World). Wood also mentioned the music industry could instead be entitled to a payment in the range of hundreds of millions of dollars to one billion dollars.

Of course, Mark Gorton and LimeWire ended up paying the RIAA nowhere close to $75 trillion, or even one billion dollars. Gorton's lawyers settled with the RIAA for $105 million, which is speculated to be less than his net worth. RIAA lawyers suggested during Gorton's damages hearing his net worth exceeded the $105 million figure, as he had $100 million tied up in a Roth IRA account alone before accounting for his yearly revenue as the head of Tower Research Capital LLC and the worth of his home.

Frostwire

Sharaf Maksumov/Shutterstock

The meteoric rise and unprecedented success of LimeWire, combined with the hole it left in the P2P file-sharing space spawned several clones over the years with FrostWire standing out as one of the most popular thanks to several key similarities. The program emerged concurrently during LimeWire's peak in 2005. Just like LimeWire, FrostWire initially operated on the Gnutella network, allowing users to search for files and download them directly from other connected users' computers. Additionally, FrostWire's mission mirrored LimeWire's in that it was easy to use and could support a wide array of file types.

Unlike LimeWire, FrostWire was not the brainchild of any one person. Rather, the idea for FrostWire evolved collectively as a response to LimeWire's decision to filter out content on the platform in order to better comply with the RIAA. In 2011, one year after LimeWire's shutdown, FrostWire transitioned out of the Gnutella network, becoming solely a BitTorrent client. The decision to leave the Gnutella network behind proved correct, as BitTorrent remains one of the most common protocols for sending and receiving files of all sizes. 

Prevalence of child pornography

YouTube

The ugliest consequence of the lack of regulation on the Gnutella network meant that unsavory individuals had the ability to share some of the most heinous content imaginable. A 2003 study from the U.S. General Accounting Office found that its analysis of 1,286 titles and file names identified through KaZaA searches found that about 42 percent of the images had titles and file names associated with child pornographic images. LimeWire unintentionally helped facilitate this, although GAO's study shows that the malpractice extended far beyond LimeWire's scope.

The freedom LimeWire allowed meant sexual predators could not only look up forms of child pornography, but plant child erotica images in other files to offend and even implicate unsuspecting users. One such example of this happened when Matthew White, 22 at the time, discovered that some of the files he downloaded featured child pornography. He quickly deleted the files, but when FBI agents showed up at his home a year later, they recovered the deleted file. White accepted a plea deal for three-and-a-half years but still had to serve a decade of probation and register as a sex offender for the rest of his life.

If you or someone you know may be the victim of child abuse, please contact the Childhelp National Child Abuse Hotline at 1-800-4-A-Child (1-800-422-4453) or contact their live chat services.

Limewire shuts down

Gwengoat/Getty Images

LimeWire's shutdown coincided with Judge Wood's ruling, and the software was officially shut down on October 26, 2010. The end of the platform came abruptly, and company morale at the time was still relatively high. In a corporate blog post posted a few months before the injunction, LimeWire CEO George Searle described his excitement for what the next 10 years will hold for the company by writing, "We're thrilled about our new service that will offer music fans an unmatchable digital music experience and new ways to discover content, without being restricted by device or location."

The shutdown had consequences that extended beyond its massive user base. Johnny Tan revealed LimeWire had to lay off one-third of the company during its lengthy litigation with the RIAA. "Lots of tears and feelings of betrayal on that day," Tan told Mel Magazine. "Before that, it was a tight-knit team. Everyone believed in what was possible, and no one left." 

Global Production Manager Jarret Battisti expressed additional optimism to the publication over the creation of Grapevine, a streaming-esque service that predated Spotify, designed to move LimeWire more in line with the RIAA's demands. Regardless, LimeWire now has only its complicated yet powerful legacy to fall back on.

LimeWire today

LimeWire

LimeWire returned in 2022, but not as you knew it. The website and branding have been repackaged into an NFT marketplace. Non-fungible tokens (NFTs) are digital assets that can be bought, sold, and traded over the Internet with cryptocurrency. The idea behind owning one is closely related to why people buy art and other collectibles and decorations — buying it makes you the sole owner of a unique object or piece of data. What was once a company that encouraged P2P file-sharing at no additional cost is now what it describes as a "digital collectibles marketplace for art and entertainment."

Although there has been plenty of positive press surrounding the supposed revival of LimeWire, founder Mark Gorton has not endorsed the venture and has actually condemned the use of the LimeWire name. "I am not thrilled about an unrelated group of people using the LimeWire name," Gorton told TorrentFreak. "Using the LimeWire name in this way creates confusion and falsely uses that brand that we created for purposes for which it was never intended." 

Since the original LimeWire trademarks have expired and the new LimeWire uses a reimagined logo, the new group was not under any legal obligation to disclose their plans to use the LimeWire name with Gorton. Time will tell how much longevity this new venture actually has, though it is also worth noting it has no affiliation with Mark Gorton and the original LimeWire.

Legacy

Wikipedia/VQuiche

Like Napster, LimeWire left behind a complicated but important legacy in digital media. The service pioneered P2P file-sharing in mass quantities, and even though LimeWire is gone, P2P file-sharing continues to exist, albeit in different forms. The speed at which users could access digital media also opened the door for paid services in which consumers could pay a subscription and access different libraries of digital content in the form of streaming services. LimeWire's presence also forced the music industry to pivot more towards digital content and allowed artists to share their content in an alternative way.

However, LimeWire's legal struggles overshadow the sizable footprint it left on the music industry and the consumption of digital media. Years of litigation ultimately brought the company to its knees while highlighting the ethical complexities and tensions between copyright protection and digital sharing. Still, the fact that anyone could share anything on the platform (including inappropriate content and deadly computer viruses) did no favors to the company, leading to its ultimate dissolution. 

Nevertheless, LimeWire legacy is primarily one of innovation, and its relaunch in 2022 is further proof that LimeWire's impact on the digital future may have been more positive than negative.

[Featured image by VQuiche via Wikimedia Commons | Cropped and scaled | CC BY-SA 4.0]

Recommended

LimeWire, former file-sharing site, to relaunch as NFT marketplace

Wire, former file-sharing site, to relaunch as NFT marketplaceSkip NavigationMarketsPre-MarketsU.S. MarketsEurope MarketsChina MarketsAsia MarketsWorld MarketsCurrenciesCryptocurrencyFutures & CommoditiesBondsFunds & ETFsBusinessEconomyFinanceHealth & ScienceMediaReal EstateEnergyClimateTransportationIndustrialsRetailWealthSportsLifeSmall BusinessInvestingPersonal FinanceFintechFinancial AdvisorsOptions ActionETF StreetBuffett ArchiveEarningsTrader TalkTechCybersecurityEnterpriseInternetMediaMobileSocial MediaCNBC Disruptor 50Tech GuidePoliticsWhite HousePolicyDefenseCongressEquity and OpportunityEurope PoliticsChina PoliticsAsia PoliticsWorld PoliticsCNBC TVLive AudioLatest VideoTop VideoCEO InterviewsEurope TVAsia TVCNBC PodcastsDigital OriginalsWatchlistInvesting ClubTrust PortfolioAnalysisTrade AlertsMeeting VideosHomestretchJim's ColumnsEducationSubscribeSign InPROPro NewsPro LiveFull EpisodesStock ScreenerMarket ForecastOptions InvestingChart InvestingSubscribeSign InMenuMake ItselectALL SELECTCredit Cards Loans Banking Mortgages Insurance Credit Monitoring Personal Finance Small Business Taxes Help for Low Credit Scores Investing SELECTAll Credit CardsFind the Credit Card for YouBest Credit CardsBest Rewards Credit CardsBest Travel Credit CardsBest 0% APR Credit CardsBest Balance Transfer Credit CardsBest Cash Back Credit CardsBest Credit Card Welcome BonusesBest Credit Cards to Build CreditSELECTAll LoansFind the Best Personal Loan for YouBest Personal LoansBest Debt Consolidation LoansBest Loans to Refinance Credit Card DebtBest Loans with Fast FundingBest Small Personal LoansBest Large Personal LoansBest Personal Loans to Apply OnlineBest Student Loan RefinanceSELECTAll BankingFind the Savings Account for YouBest High Yield Savings AccountsBest Big Bank Savings AccountsBest Big Bank Checking AccountsBest No Fee Checking AccountsNo Overdraft Fee Checking AccountsBest Checking Account BonusesBest Money Market AccountsBest CDsBest Credit UnionsSELECTAll MortgagesBest MortgagesBest Mortgages for Small Down PaymentBest Mortgages for No Down PaymentBest Mortgages with No Origination FeeBest Mortgages for Average Credit ScoreAdjustable Rate MortgagesAffording a MortgageSELECTAll InsuranceBest Life InsuranceBest Homeowners InsuranceBest Renters InsuranceBest Car InsuranceTravel InsuranceSELECTAll Credit MonitoringBest Credit Monitoring ServicesBest Identity Theft ProtectionHow to Boost Your Credit ScoreCredit Repair ServicesSELECTAll Personal FinanceBest Budgeting AppsBest Expense Tracker AppsBest Money Transfer AppsBest Resale Apps and SitesBuy Now Pay Later (BNPL) AppsBest Debt ReliefSELECTAll Small BusinessBest Small Business Savings AccountsBest Small Business Checking AccountsBest Credit Cards for Small BusinessBest Small Business LoansBest Tax Software for Small BusinessSELECTAll TaxesFiling For FreeBest Tax SoftwareBest Tax Software for Small BusinessesTax RefundsTax BracketsTax TipsTax By StateTax Payment PlansSELECTAll Help for Low Credit ScoresBest Credit Cards for Bad CreditBest Personal Loans for Bad CreditBest Debt Consolidation Loans for Bad CreditPersonal Loans if You Don't Have CreditBest Credit Cards for Building CreditPersonal Loans for 580 Credit Score or LowerPersonal Loans for 670 Credit Score or LowerBest Mortgages for Bad CreditBest Hardship LoansHow to Boost Your Credit ScoreSELECTAll InvestingBest IRA AccountsBest Roth IRA AccountsBest Investing AppsBest Free Stock Trading PlatformsBest Robo-AdvisorsIndex FundsMutual FundsETFsBondsUSAINTLSearch quotes, news & videosWatchlistSIGN INMarketsBusinessInvestingTechPoliticsCNBC TVWatchlistInvesting ClubPROMenuTechFormer file-sharing site LimeWire to relaunch as NFT marketplace, more than a decade since shutting downPublished Wed, Mar 9 20223:25 AM ESTRyan Browne@Ryan_Browne_WATCH LIVEKey PointsLimeWire, the defunct file-sharing website, is set to relaunch in the form of a marketplace for nonfungible tokens, or NFTs.The controversial service was shut down in 2010 following a lengthy legal battle with the Recording Industry Association of America.At its height, LimeWire was one of the most popular peer-to-peer file-sharing websites.File-sharing website LimeWire is relaunching in the form of a marketplace for nonfungible tokens.LimeWireLimeWire, the defunct file-sharing website, is set to make a comeback.The controversial service was shut down back in 2010, after a lengthy legal battle with the Recording Industry Association of America over allegations of music piracy. A federal judge found the platform caused copyright infringement on a "massive scale."At its height, LimeWire was one of the most popular peer-to-peer file-sharing websites, allowing users to download music and other content online free of charge. The likes of LimeWire, BitTorrent and Napster were eventually succeeded by subscription-based streaming services such as Spotify and Netflix.More than a decade since it closed down, LimeWire is making a comeback — but with a twist.The service will relaunch in May as a marketplace for trading nonfungible tokens, or NFTs, digital assets that keep a record of ownership for virtual items on the blockchain.Austrian brothers Julian and Paul Zehetmayr bought LimeWire's intellectual property and other assets last year. They say they've been planning to bring the platform back ever since.The new LimeWire will focus on music, letting users buy and trade rare items such as limited editions, unreleased demos and digital merchandise.watch nowVIDEO11:3711:37Can ethereum topple bitcoin as the crypto king?CryptoThe platform will list prices in U.S. dollars, rather than crypto, and users will be able to purchase tokens using credit cards. Its payment functionality has been developed in partnership with the start-up Wyre.The company is counting on a more accessible approach to NFTs, as well as an advisory board that includes the manager of rap group Wu-Tang Clan, Tareef Michael, to attract users."The issue with the NFT market is that most platforms are decentralized," Julian Zehetmayr told CNBC. "If you look at bitcoin, all the exchanges are making it really easy to buy, trade and sell bitcoin. There's no one really doing the same in the NFT space.""We've obviously got this great mainstream brand that everybody's nostalgic about," he added. "We thought we needed to build a real mainstream user experience as well."So far, LimeWire's revival has been funded with money the Zehetmayrs raised through the sale of their previous ventures. Their software firm Apilayer, for example, was bought by American holding company Idera last year.The brothers say they plan to raise additional capital through the launch of a LimeWire token, which will initially be sold to a select few investors ahead of a public sale later down the line. The token will grant holders the ability to vote on changes to LimeWire's policies as well as which artists are featured in its music charts.The Zehetmayrs say they're also considering a venture capital financing round later this year.Taming a 'Wild West'NFTs took off in a big way in 2021, with trading in the tokens reaching billions of dollars. The market has attracted everyone from crypto enthusiasts to celebrities, with a popular range of digital collectibles called the Bored Ape Yacht Club even making an appearance on "The Tonight Show Starring Jimmy Fallon."Proponents of NFTs say they solve a key issue with the modern internet: namely, the unfettered distribution of media on the web, and a decline in compensation for artists and creators.However, others criticize the speculative nature of NFTs, which are often bought with the intention of flipping them at a higher price, as well as the number of scams in the space.Julian said there are "lots of parallels" between the NFT market today and LimeWire in the past, adding both are "kind of a Wild West.""We're trying to be a more mature platform and professionalize everything, just like Coinbase or other exchanges would do for crypto assets," he said.LimeWire isn't the first decentralized file-sharing service to turn to the world of cryptocurrencies. Rival company BitTorrent was acquired by crypto entrepreneur Justin Sun's start-up Tron in 2018.Subscribe to CNBC PROSubscribe to Investing ClubLicensing & ReprintsCNBC CouncilsSupply Chain ValuesCNBC on PeacockJoin the CNBC PanelDigital ProductsNews ReleasesClosed CaptioningCorrectionsAbout CNBCInternshipsSite MapAd ChoicesCareersHelpContactNews TipsGot a confidential news tip? We want to hear from you.Get In TouchCNBC NewslettersSign up for free newsletters and get more CNBC delivered to your inboxSign Up NowGet this delivered to your inbox, and more info about our products and services.Advertise With UsPlease Contact UsPrivacy PolicyCA NoticeTerms of Service© 2024 CNBC LLC. All Rights Reserved. A Division of NBCUniversal

Data is a real-time snapshot *Data is delayed at least 15 minutes.

Global Business and Financial News, Stock Quotes, and Market Data

and Analysis.

Market Data Terms of Use and DisclaimersData also provided

Introducing the New LimeWire

Introducing the New LimeWire

Home

News

AI Tools

Try AI Studio

By LimeWire

in

Vision

Apr 6, 2022

Introducing the New LimeWire

Meet the new LimeWire: The first truly mainstream NFT platform for music and more – a bespoke place for artists to engage with their community.

Meet the new LimeWire: The first truly mainstream NFT platform for music and more – a bespoke place for artists to engage with their community.This blog post is part of a series of posts in which we want to regularly give you more information about key aspects of the LimeWire marketplace and the LMWR token.Part 1: Introducing the new LimeWirePart 2: Our Vision at LimeWire: Digital Collectibles for EveryonePart 3: A First Look at the LimeWire RoadmapPart 4: LMWR TokenomicsPart 5: Utilities of the LMWR TokenPart 6: Types of NFTs on the LimeWire marketplaceYou may know LimeWire from back in the day. Released in May 2000, the peer-to-peer software quickly became synonymous with pirating MP3s and videos in the early days of file sharing. At its peak, the software had over 50 million active users. Since then, the music industry has changed significantly. After pirating music for free, paying for digital music became the norm to be again replaced by music streaming services.Today’s LimeWire is very different from the old LimeWire. In fact, our goal is the exact opposite: Instead of handing out art for free, we aim to give artists the opportunity to monetize their work in a secure, easily accessible environment with fair compensation.LimeWire is an easy-to-use NFT marketplace with a mission to allow artists to go back to selling records, music-related art and other collectibles directly to fans and followers — as simple as possible. LimeWire can be used by anyone, without any pre-requisite technical knowledge about NFTs, and even without the need to own any cryptocurrency.LimeWire is a mainstream-ready marketplace for musicians to distribute art and uniquely interact with collectors, their most loyal community of fans, and anyone interested in their music and art.The new LimeWire is very different to the LimeWire back in the day. This time we want to empower artists to offer Digital Collectibles instead of handing their work out for free. We are ready to change the industry once again.Brand RecognitionIn the 2000s, LimeWire had more than 50M average monthly users at peak times. LimeWire will be mainstream-ready once again and capable of re-acquiring users with ease due to its low barrier of entry into NFTs.Loyal FanbaseThe term LimeWire is still searched for around 10,000 times per day and posted about on Social Media every few minutes, despite being offline for 12 years. The brand is still in people’s heads, and we are aware of its heritage.Mainstream ReadyWith a game changing UI/UX, denomination in USD and by accepting traditional as well as crypto payments, LimeWire will be accessible to the mass market: a selling point unique within the NFT industry.Background on our VisionThe music industry is broken. The streaming market is dominated by a few powerful players, who pay artists less than a penny per stream. At the same time, artists are looking for new, better ways to directly reach their fan-base and monetize their creative work. This is a crucial aspect as since the COVID-19 pandemic playing live has become increasingly difficult and uncertain. There is a need from both artists and fans to maintain an intimate relationship in a world that is increasingly becoming more digital and less dependent on physical venues and real-world interactions. At LimeWire, our vision is to give artists as well as fans the chance to engage with each other on an easy-to-use, frictionless marketplace for Digital Collectibles.Since the launch of the Bitcoin network in early 2009, digital assets have evolved to become a driving force in offering alternative monetization models for creators of all sorts. Micropayments are one example of leveraging the opportunities cryptocurrencies offer. Bitcoin, Ethereum and other digital assets are entering a phase of maturity, and are increasingly seen as “digital gold” and “digital silver”.However, Non Fungible Tokens (NFTs) are what is most interesting when it comes to giving creators, artists and fans alike the opportunity to trade Digital Collectibles. As the industry continues to grow at an incredible rate, it’s obvious that we are only at the cusp of leaving its infancy. And there is a lot of work to be done. From a better user experience, a more reliable and efficient blockchain-infrastructure, to more due diligence when it comes to the Digital Collectibles itself.We believe that NFTs aka Digital Collectibles are an even bigger market than cryptocurrencies themselves, and we think that they are the most mainstream-friendly use-case for digital scarcity so far. The potential is limitless as verifiably scarce, portable and programmable digital goods can be anything from a simple picture, a piece of land in the metaverse to a virtual item you can take with you inside different video games. They can also be multiple things at once: A unique bonus track from your favorite artist, that also is a backstage pass for a virtual or real-world concert. Musicians like Kings of Leon embraced the power of NFTs as early as of 2018. Christie’s auctioned off Beeple’s Everydays for $69 million in 2021.Join the waitlist and be part of changing the industry once again!

Previous

LimeWire is Back - Recapping the Past Few Weeks

Next

Our Vision at LimeWire: Digital Collectibles for Everyone

You might also like...

AI Tools

10 Best AI Image and Art Generators in 2024

Looking to create your next artistic masterpiece? Check out these great free AI art and image generators.

Read More

13 Ways AI Is Changing Your Life

Wondering which areas of our lives has AI affected? Here's a list to give you some idea.

Read More

AI Tools

9 Best AI Image Enhancer and Upscaler Tools

Need to improve your poor-quality photos? Check out these incredible AI image enhancer and upscaler tools.

Read More

AI Tools

25 Awesome AI Music Generator Prompts and 3 Templates

Not able to generate the right music with the AI tools? Here are some great prompts and templates to get you started.

Read More

AI & Creator Economy News - LimeWire Blog © 2024

Back to LimeWire

Powered by Ghost

Product | LimeWire

uct | LimeWireSearch$0.00 +0.00%LMWR priceBuy LMWRAI ToolsMoreSign InCreate with AIopen searchopen menuAll the tools you'll ever need togrow with your audience.Allow others to participate in your success by owning digital copies of your content, earn royalties on resales, and more.Get StartedSee PricingLimeWire in a nutshellLimeWire is a platform with community and membership at its core. When you join as a creator, you will first set up your creator page, which will be the foundation of your presence on LimeWire and the place to be discovered by new and existing fans.Your Creator PageYour creator page on LimeWire is the place where you invite fans to follow you and become members of your community.Your Creative ContentOn your creator page, you can publish your creative content in any shape or form, including photos, videos, text, and more.Your MembershipFans can discover your content by subscribing, either for free or for a monthly price you pre-configure in your account.Your Content, Ownable & TradableLimeWire uses blockchain and NFT technology to make each piece of exclusive content on the platform ownable and tradable. Subscribers cannot only see the content you create, but they also own a digital collectible of every photo, video, audio and text post that you publish while they are a subscriber. This means that your content can be traded amongst fans and significantly increase in value.Premium PostsRegardless if your feed is free to access or requires a monthly membership payment, you can publish limited-edition content or rare creatives at an additional cost for fans to unlock and own.Grow your Audience & Earn Recurring RevenuesYou can choose to publish your content for free or to require a monthly membership payment from fans to access your feed. Free content helps you grow your audience quicker, while paid memberships generate recurring revenues for you as a creator.Earn Royalties on Every TradeEvery single time one of your posts is re-sold or traded among fans on the platform, you earn a 2.5% royalty based on the sale price. This ensures that you are adequately compensated for highly performing items, in perpetuity.Dedicated Hosting on LimeWireUnlike other membership platforms, all content you create is hosted directly on LimeWire as opposed to third-party platforms, such as Vimeo. This helps you stay on top of where your creatives are uploaded to and help us reduce the risk of content piracy.Ready to get started?Signing up as a creator and verifying your account only takes a couple of minutes. Get started building your community today!Complete your profileAs seen onThe New LimeWire.Create. Subscribe. Own.ResourcesDeveloper APIPartner ProgramLimeWire TokenHelp CenterCompanyAbout UsCareersPressBlogLimeWire MerchAccountSign InCopyright ©2024 LimeWire™. All Rights Reserved. LimeWire is a registered trademark of LimeWire GmbH.Terms & Conditions Privacy Pol

About Us | LimeWire

t Us | LimeWireSearch$0.00 +0.00%LMWR priceBuy LMWRAI ToolsMoreSign InCreate with AIopen searchopen menuWe are on a mission toreshape the creator economyLimeWire is back, to once again change the game for content creators, artists and their followers.Interested in joining the team?Connect with usLimeWire on DiscordTwitterInstagramTelegramTikTokAbout LimeWireThe once beloved platform that helped millions of users in the early 2000’s to discover their favorite music, is back, to change the game once again for content creators, artists, and their followers.The new LimeWire is a leading AI Studio for image, music and video content creation and social platform for content creators, artists and musicians. It is home to the 2nd largest Discord community globally with over 2 million members, who have already created more than 500 million content pieces with the help of our generative AI models.Through blockchain technology, the LimeWire platform makes AI generated content ownable and tradeable as NFTs, and allows creators and fans to earn $LMWR as part of the LimeWire ad-revenue share program. In short, LimeWire is the first Web3 generative AI platform that empowers established artists as well as newcomers to embark on a unique creator journey.LimeWire Management TeamJulian ZehetmayrFounder & Co-CEOFind onLinkedInPaul ZehetmayrFounder & Co-CEOFind onLinkedInSerial tech founders - jointly founded & exitedMobFox, apilayer, eversign and ZeroSSL.Marcus FeistlCOOFind onLinkedInex-Bitpanda Country Manager DACH & ex-BCGDavid Spitzer-DulaganCTOFind onLinkedInex-CTO ZeroSSL & MobFoxReinhold LacknerCFOFind onLinkedInCFO Stack Holdings GroupPartners & Advisory BoardTareef MichaelManagement, Wu-Tang ClanSteven KokinosCEO, AlgorandJeanine McLeanManagement, H.E.RMichael Poetscherex-Bitpanda CMO, InvestorGeorge HowardArts AdvisorJesse GrushackCo-Founder, Six.xyzAlex KirshbaumPresident, NUE AgencySean TreacyAdvisor, Def Jam RecordingsAs seen onThe New LimeWire.Create. Subscribe. Own.ResourcesDeveloper APIPartner ProgramLimeWire TokenHelp CenterCompanyAbout UsCareersPressBlogLimeWire MerchAccountSign InCopyright ©2024 LimeWire™. All Rights Reserved. LimeWire is a registered trademark of LimeWire GmbH.Terms & Conditions Privacy Pol

LimeWire is Back - Recapping the Past Few Weeks

LimeWire is Back - Recapping the Past Few Weeks

Home

News

AI Tools

Try AI Studio

By LimeWire

in

Recap

Apr 6, 2022

LimeWire is Back - Recapping the Past Few Weeks

On March 9 2022 we announced that LimeWire is coming back as a mainstream marketplace for digital collectibles. And to be honest: We were blown away by the positive feedback we received from the media, NFT-enthusiasts, LimeWire OGs, and of course our very own buzzing community.Let's start off with some numbers around the announcement of the relaunch:More than 333k total Tweet impressions on our own Twitter account, plus countless mentions by thousands of Twitter users.More than 33k (!) members in our Discord community. Around 10k active members at any given time 24/7 with members from all around the world. Interviews with our founders Paul and Julian with Bloomberg, CNBC, Reuters, Decrypt, CoinMarketCap, VICE, Fox Business, and more.The total number of media mentions surpassed 1.000 with total impressions of over 15.3 million of global coverage, from the US to Japan.Some of the most notable initial media coverage:Bloomberg: LimeWire Is Making a Comeback, But Not As You Know ItCNBC: Former file-sharing site LimeWire to relaunch as NFT marketplace, more than a decade since shutting downMashable: LimeWire is relaunching...as an NFT marketplaceNME: LimeWire to be relaunched as a “digital collectibles marketplace”The Independent: LimeWire returns after 12 years, but not as file-sharing siteRolling Stone: LimeWire relaunches as digital collectibles marketplaceMusic Week: LimeWire to relaunch as digital collectibles marketplaceTech Radar: Remember LimeWire? It's coming back as an NFT marketplaceThe Next Web: Limewire’s back! But as an… ‘NFT for noobs’ marketplace?Engadget: LimeWire is back... as an NFT marketplacePC World: Piracy favorite LimeWire returns from the dead…as an NFT marketplaceReuters: Remember LimeWire? Shuttered file-sharing service is back with NFTsDecrypt: Music Sharing Service LimeWire Is Back—As an NFT MarketplaceThe Block: LimeWire announces comeback as web3 NFT marketplaceCrypto Briefing: A Decade Later, LimeWire Returns as NFT MarketplacebeIN Crypto: LimeWire Makes a Comeback as an NFT MarketplaceCNet LimeWire Will Be Resurrected as NFT MarketplaceCoin Market Cap: LimeWire is Making a Comeback as an NFT MarketplaceWhat else has happened so far?We announced Alogrand as our official blockchain partner for minting NFTs:We have partnered with @Algorand as our official blockchain partner. Why Algorand?✅ It's carbon-negative since 2021✅ Algorand is scalable, fast and secure …✅ ... which makes it perfect for NFTs✅ Consequently, we'll be able to offer free NFT minting pic.twitter.com/cxwlDixRy6— LimeWire (@limewire) March 14, 2022

And yes, it's true.Is it rlly true? pic.twitter.com/NXwxyIDZod— Rooshy.eth (@ILikeNFTs) March 9, 2022

Want to stay up to date about everything happening at LimeWire?Follow LimeWire on Twitter.Become part of the LimeWire community on Discord.Don't miss any update in our Telegram announcement channel.Follow us on Instagram and TikTok.And don't forget to join the waitlist and be among the 10,000 top inviters to get an exclusive LimeWire airdrop.

Next

Introducing the New LimeWire

You might also like...

AI Tools

10 Best AI Image and Art Generators in 2024

Looking to create your next artistic masterpiece? Check out these great free AI art and image generators.

Read More

13 Ways AI Is Changing Your Life

Wondering which areas of our lives has AI affected? Here's a list to give you some idea.

Read More

AI Tools

9 Best AI Image Enhancer and Upscaler Tools

Need to improve your poor-quality photos? Check out these incredible AI image enhancer and upscaler tools.

Read More

AI Tools

25 Awesome AI Music Generator Prompts and 3 Templates

Not able to generate the right music with the AI tools? Here are some great prompts and templates to get you started.

Read More

AI & Creator Economy News - LimeWire Blog © 2024

Back to LimeWire

Powered by Ghost