LimeWire is headed for a comeback.
According to CNET, the former peer-to-peer file-sharing service will relaunch as an NFT marketplace with a focus on music, art, and other entertainment-related content. The company announced the revival earlier this week, less than a year after Austrian brothers Paul and Julian Zehetmayr purchased the intellectual property rights to LimeWire.
“It’s a very iconic name,” Julian, the company’s co-CEO, told Bloomberg. “Even if you look on Twitter today, there’s hundreds of people still being nostalgic about the name. Everybody connects it with music and we’re launching initially a very music-focused marketplace, so the brand was really the perfect fit for that with its legacy.”
LimeWire launched in May 2000, offering users the ability to search, share, and download free music, videos, and other online files. The platform ultimately shut down in 2010, after US District Court Judge Kimba Wood ruled against the company in a copyright infringement case.
According a press release, the new LimeWire GmbH will allow fans and collectors “to buy and trade a variety of music-related assets, such as limited editions, pre-release music, unreleased demos, graphical artwork, exclusive live versions, as well as digital merchandise and backstage content.” The marketplace will list prices in U.S. dollars instead of crypto, and will allow users to purchase tokens with credit cards and bank accounts.
LimeWire GmbH is expected to launch sometime in May; however, you can receive early access to the marketplace by registering for the waitlist at LimeWire’s official website.