LimeWire Returns as a NFT Marketplace

This is so unexpected.
By Savannah Moss
Image: LimeWiire

 In March, Fortune announced that the music file-sharing site, “Limewire” would be returning, but this time, as an NFT marketplace. But, last week, it debuted, and probably did not get the reaction it was expecting.  This new LimeWire focuses on being an “open music and entertainment NFT marketplace for creators and collectors.” The resurrection of the company comes as a way to offer “digital collectibles” as stated on their website.And although some might think this might be reserved for indie and newer artists, Travis Barker, drummer of Blink-182, will be releasing NFTs using the platform. You can even find people like Soulja Boy, Brandy, and other artists.

Just to give you a bit of a recap if you don’t remember, Limewire was actually shut down in 2010 for infringement. According to the Guardian they ceased business due to  “permitting the sharing of thousands of copyrighted works by its 50 million monthly users.” This idea was most likely brainstormed in reference to nostalgia for earlier times, but it does not seem like Limewire is receiving the response they might have been expecting when debuting the resurrection of the website. 

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Many people online were shocked when they saw this ad went viral on Twitter for being a bit cringy and definitely trying to benefit from millennials’ nostalgia. Some people however did feel nostalgia, but not necessarily in a positive way, as people remembered how badly the website performed with viruses or incorrectly labeled files.

Many also found it ironic that Limewire was for piracy and illegally downloading music. Currently, NFTs are being discussed as being a scam and being easily stolen. And most recently, NFTs and cryptocurrencies, in general, are in what is known as a “crypto winter” due to low sales. So, some are wondering why LimeWire is making a comeback and why they chose NFTs in the first place.