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LimeWire NFT Marketplace – LimeWire is Relaunching as an NFT Marketplace

LimeWire NFT Marketplace, LimeWire is Relaunching as an NFT Marketplace. Once a popular peer-to-peer file-sharing service for illegal music content, LimeWire is officially making a comeback in the NFT space. What’ll you find there? Musicians selling NFTs — including Travis Barker.

Do you know what the LimeWire NFT marketplace is? Nobody had LimeWire trending on Twitter today, and it was definitely off their bingo list. It seems that the once popular torrenting app Limewire has now become a marketplace for music NFTs. (Similar post: Best NFT marketplaces to buy and sell NFTs right now)

In a teaser video, “Crank That (Soulja Boy)” plays at the beginning to set the scene. After school, two students dash upstairs to access LimeWire and burn a CD, taking us back to the early 2000s. (Similar post: How to Create and Sell NFTs for Free)

After that, the video cuts to the present, when an adult version of the two children is seen dancing to the same Soulja Boy song without performing the classic Soulja Boy dance. (Similar post: Top 5 Fashion brands entering the metaverse)

What is the LimeWire NFT marketplace?

LimeWire announced that its marketplace for buying and selling NFTs from various artists had opened for business. With artists like Travis Barker, Brandy, Nicky Jam, Soulja Boy, and many others already on board with releasing their own NFT collections on LimeWire’s marketplace, LimeWire opted to focus on music-related NFTs, at least initially.

The new LimeWire team, led by co-CEOs Paul and Julian Zehetmayr, is bringing the NFT market into the mainstream by significantly enhancing user experience, providing credit card payments, handling gas fees as well as technical challenges on behalf of its users, and utilizing all the advantages of Web3 blockchain technology. “We’re back for good” according to LimeWire’s official Twitter account bio.

Web 3.0 companies appear determined to capitalize on early 2000s nostalgia as they seek to establish themselves in the music sector by disguising themselves as platforms that previously promised to democratize the listening experience at the expense of the financial interests of the music industry. They are now in the music business.

Limewire is now an NFT marketplace

LimeWire announced that it has officially opened for business, allowing people to buy and sell NFTs from various artists on its platform. In keeping with the brand’s deep association with music, LimeWire decided to focus on music-related NFTs, at least initially, with artists like Travis Barker, Brandy, Nicky Jam, Soulja Boy, and many more already on board with releasing their own NFT collections on LimeWire’s marketplace.

However, not all NFTs sold on LimeWire come in the form of music. Sometimes, NFTs on LimeWire can even represent an actual, physical object. One example is Travis Barker’s NFT, which is said to be a 3D model of Travis’ personal drum set, as well as the actual drum set itself. LimeWire also has its own NFT collection dubbed “LimeWire Originals” which features 10,000 generative avatars, not unlike Bored Ape Yacht Club and many other popular NFT projects.

LimeWire’s return as an NFT marketplace comes at a time when the broader crypto and NFT market are experiencing a continuous downturn. Its renowned brand is obviously one of its strengths in attracting people. But instead of wanting to be remembered forever in infamy, LimeWire now wants to capture the public’s growing attention towards the nascent NFT space. While NFTs might be vehemently disliked in the gaming industry, they are frequently seen as a boon in the wider entertainment industry.

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