In this article we will discuss Lime Wire company and the new Limewire NFT marketplace.
Are you aware of Limewire which was initially used as a file sharing website and is now available to the market as an NFT exchange? In this blog we will discuss Limewire briefly and briefly explain the details of what Limewire is exactly what NFT is.
Non-Fungible Tokens are becoming increasingly popular, along with Canada , the United States, as well as many other nations around the world. Many believe that NFT could be the next thing. This is the reason why many businesses are trying their hand within this new market. In the same way, Limewire company is entering this market by launching their own marketplace for NFT.
Let’s talk about more Limewire NFTin this article.
What is Limewire?
Lime Wire was a file-sharing site that was shut down due to of some issues during the year of 2010. Lime Wire was a pretty well-known peer-to-peer file sharing service at the time since it was among the few platforms to let users download music and other content without cost.
The reason for shutting down was mostly related to copyrights. A federal judge ruled that this platform to be causing copyright infringement at a massive scale. The company has a prominent name in the market and has announced their return through the NFT marketplace. The marketplace will be focused on music-related items similar to their prior focus.
Is Limewire Back a File-sharing Company?
The answer is no, Lime Wire is not intending to relaunch as a file sharing company, Instead, they plan to launch its own NFT marketplace that will concentrate on digital assets of the industry of music. Lime Wire was previously focused on music but now, it’s focused mostly at the industry of music.
The company recently announced the fact that its NFT marketplace will go live in May of this year. They have created a waitlist for users who are interested in their marketplace. They also want Limewire download to download digital assets.
About Limewire NFT Marketplace
Lime Wire is very focused on their brand new venture and have been working on it for a time. Lime Wire has partnerships with several famous music artists as well as well-established firms in the NFT sector.
The company’s goal is to help make NFT more accessible, therefore they do not plan to offer their NFT in cryptos. Instead they plan to list NFT on the NFT in exchange against USD. US dollar. Users are able to exchange NFT using US dollars, and then gain access to the Limewire NFT through just entering the details of their credit card.
Lime Wire has taken a step by ignoring cryptocurrencies from the NFT as everyone is aware of NFT is a cryptocurrency due to the smart contract, among other features. Therefore, we aren’t sure whether this plan will work or not. If you’re interested, join the