LimeWire on laptop screen

After a decade out of commission, the infamous illegal download, file-sharing platform LimeWire is making a comeback as an NFT Marketplace.

LimeWire strikes again, and now, as an NFT Marketplace.

For the Gen Z-ers and the latter who are scratching their heads, LimeWire was a popular peer-to-peer file-sharing program in the early 2000s. The platform allowed users to share files of all types, including copyrighted material.

The US government shut it down in 2010, but it looks like the team is ready to make a comeback in the virtual world.

From piracy to NFTs

According to a recent Bloomberg article, two Austrian entrepreneurs have spent the last few years buying the LimeWire brand. They will relaunch it as a new platform in May.

LimeWire will initially offer music-related non-fungible tokens, such as unique songs, merchandise, graphical artworks, and experiences like backstage content.

According to Paul, one of the CEOs, the startup will launch its utility token via a private sale very soon. He added that it would function as a loyalty program.

Unlike other NFT marketplaces that trade mostly in bitcoin, LimeWire will denominate all assets in US dollars to increase the accessibility of its offerings to a wider audience, with crypto or fiat currency accepted.

What does the future look like for companies like LimeWire?

The iconic name has leverage over others in the space, given its history. Under the new CEOs, it looks like LimeWire is about to make a huge comeback.

Another one of the CEOs, Julian Zehetmayr, told Bloomberg:

“It’s a very iconic name. Even if you look on Twitter today, there are hundreds of people still being nostalgic about the name.”

Zehetmayr also says:

“Everybody connects it with music, and we’re launching initially a very music-focused marketplace, so the brand was the perfect fit for that with its legacy.”

The nostalgia itself will help this NFT Marketplace thrive shortly. I can’t wait to see how LimeWire takes over the NFT world and how it will affect the future of mainstream artists.

I’m getting ready to launch my NFT Collection, and it’s all going down exclusively at 10X Growth Conference 2022. Claim your virtual ticket to get on the whitelist!

Be Great,

Grant Cardone

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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.