dollars, and accept credit card payments, bank transfers, and other fiat currency payments in partnership with Wyre. The new LimeWire marketplace is aiming for accessibility to attract a wider audience of users. “On LimeWire, the majority of the revenue will go directly to the artist, and we will be working with creators to allow full flexibility, ownership, and control when it comes to their content.” “LimeWire is returning as a platform for artists, not against them,” the co-CEOs said. LimeWire co-CEO Julian (left) and Paul Zehetmayr. Rather than allow users to freely share songs, as the original service did, the new LimeWire seeks to help artists by letting them sell NFTs that represent songs, giving buyers a direct link to the musicians they support. The Zehetmayrs see the relaunch as an opportunity to reshape the lasting narrative around LimeWire. The original service shut down in 2010 following a legal injunction amid a series of legal challenges from record labels, which alleged copyright infringement against LimeWire. LimeWire will be operated by a completely new team with no ties to the original company, which was founded in 2000. “We highly appreciate the strength and energy around the LimeWire brand and what it meant for a whole generation of people,” they told Decrypt via emailed responses, “and we could not be more excited to bring it back to life in the fast-moving world of digital collectibles, music, and entertainment.”
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