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Artist News Business News Digital
LimeWire NFT marketplace launches
By Andy Malt | Published on Thursday 7 July 2022
The all new LimeWire-branded music and entertainment digital collectibles marketplace has officially launched, with the likes of Travis Barker, Aitch, Dillon Francis and Fabolous selling exclusive NFT collections on the platform.
“I have always been interested in Web3 and NFTs”, says Barker, who was either a very prescient child or has a very short memory. “I am pretty stoked to release my first NFT collection and to do it on LimeWire. I hope that my NFT collection will inspire aspiring artists and fans who want to learn about my creative journey and how I make music. LimeWire has created a platform that makes exciting content like this accessible to all of my fans – even ones who are unfamiliar with Web3”.
Because that’s the whole point, see? LimeWire is going to make it easy to buy digital collectibles. No more trying to work out what the hell cryptocurrency is and how to get it, you can just pay for this shit in dollars. Good old fashioned American dollars. Just like your grandparents used.
Actually, you can also pay in a variety of cryptocurrencies if you want to. And, starting later this year, you will also be able to buy site-specific cryptocurrency LMWR Tokens, which will give you reduced trading fees and access to rewards. But you won’t have to do any of that. You can pretend to own as many jpegs as you want using your standard everyday credit card right away.
“We see a huge demand in the entertainment space for platforms that recognise and appreciate artists for their talent and put them in the driver’s seat”, says LimeWire co-CEOs Paul and Julian Zehetmayr. “LimeWire presents a new commercial opportunity for artists of all sizes and genres to engage with their fans, gain more exposure in a unique way and retain more of their earnings”.
Yes, indeed, LimeWire isn’t just going for the big names, but is also pushing NFTs from emerging artists who reckon they have enough fans with money they just don’t know what to do with knocking around.
And there are also NFTs on offer involving no artists at all. For example, there’s LimeWire Originals, a collection of 10,000 digital avatars that feature the LimeWire logo in some way. I don’t know why you’d want one, but people seem to be buying them.
Further collections are set to launch later today that do involve artists, the big one being a selection of AI-generated images of Kanye West from AEON7. More will arrive over the coming days and weeks.
It was announced in March that the Zehetmayr brothers had acquired the LimeWire brand to slap onto their NFT marketplace. Something original LimeWire founder Mark Gorton said he was “NOT THRILLED” about.
