LimeWire is back with one of the biggest hypes of the moment: NFTs.
Those who wanted to save some money at the beginning of this millennium could easily download movies, music and games for free. LimeWire pioneered online piracy with P2P file sharing. It was pure Russian roulette whether you got an actual file or computer crap.
The program returns 10 years after the funeral. And to support a new possible internet revolution: NFTs†
LimeWire hypes along with NFT
You read that right, the platform that once threw torrents and viruses into a grab bag and handed out like an over-enthusiastic father at a Queen’s Market is going to trade NFTs. Fans will be able to trade music-related NFTs among each other from May.
More specifically, the platform that had to close in 2011 due to ongoing lawsuits is now becoming a legitimate trading venue for music-related NFTs.
Unlike the early days, LimeWire is now actually partnering with the music industry. By selling NFTs, musicians can in a way give listeners more ownership of the content.
What is an NFT?
But what exactly is an NFT? In a nutshell, an NFT is a code based on the same fundamentals as cryptocurrencies† This code can be linked to something digital, for example music or an image. Think of it a bit like a digital signature; anyone can copy an image but only one person can have the actual, original, one and only first variant.
That’s an NFT, coming soon in unknown forms through LimeWire.
Also interesting!
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You can’t just buy Adidas NFT clothes -
Bugatti launches gold car including NFT -
Lamborghini unveils mysterious carbon NFT key -
Patek Philippe now auctions first-ever NFT
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