www.theblock.co
06 July 2022 19:17, UTC
Studying time: ~2 m
LimeWire is teaming up with a slew of artists, together with Travis Barker, Brandy, Nicky Jam and Dillon Francis, to launch non-fungible token (NFT) collections on its platform, the corporate introduced on Wednesday.
Previously often called a peer-to-peer file sharing web site, LimeWire not too long ago made a comeback as a “digital collectibles market” centered on music tracks, movies, digital paintings and fan experiences.
LimeWire has already partnered with greater than 100 artists, an organization spokesperson advised The Block. Of those, 25 are bigger “headliners,” together with acts like Travis Barker, Brandy, Nicky Jam, Aitch, Dillon Francis, FitLit Membership feat. Jim Jones, Maino, Dave East, Fabolous, Gramatik, 7 Aurelius and Elijah Blake.
The primary LimeWire artist drop will probably be a set of seven NFTs on July 7 from Grammy-winning producer 7 Aurelius, which had been impressed by Kanye West’s Netflix documentary “Jeen-Yuhs.” These collectibles will encompass “masterpiece A.I.” pictures, quick movies and songs, in response to the press announcement. After that, the subsequent scheduled drops are from Gramatik on July 10 and Elijah Blake on July 12.
Drops from Travis Barker and Nicky Jam — two of the most important artists releasing NFT collections on LimeWire’s platform — haven’t been scheduled but. Nonetheless, they “may also happen throughout the subsequent few weeks” in response to the spokesperson.
Blink-182 drummer Travis Barker will launch his first NFT assortment on LimeWire’s platform, which is able to give attention to behind-the-scenes studio footage. One fortunate particular person may also be capable to purchase an 3D, animated NFT of Barker’s drum set that comes with the bodily instrument.
Brandy’s assortment will probably be a collaboration with the In all probability Nothing undertaking from restaurateur and NFT creator Jeremy Fall. This NFT assortment will embrace a “collaborative” bouquet of flowers and have spoken phrase from Brandy about psychological well being points, stated LimeWire’s assertion.
LimeWire was born within the early 2000s as a peer-to-peer file sharing platform. It was particularly well-liked for downloading music recordsdata earlier than smartphone apps like Spotify, Apple Music and Tidal turned ubiquitous. The corporate revealed in March that it will be making a comeback to give attention to digital collectibles, and in April introduced a $10.4 million token sale increase led by Kraken Ventures, Arrington Capital and GSR.
LimeWire has formally picked Algorand to be its blockchain accomplice for its NFT collections, a spokesperson confirmed, noting that “the majority of NFTs minted instantly on the LimeWire platform will probably be minted through Algorand.” Nonetheless, the corporate did launch a set of NFT avatars referred to as “LimeWire Originals” utilizing the Ethereum blockchain.
