LimeWire is Back - as an NFT Marketplace

LimeWire has announced it will relaunch as a "mainstream-ready, digital collectibles marketplace for art and entertainment, initially focusing on music" in May, confirming a Tuesday scoop by Slashdot that reported precisely the same thing. Engadget adds: Its backers believe that it will be a place for artists and fans to create and sell digital trinkets without the "technical hurdles of the current NFT landscape." It is hoping to partner with a raft of high-profile musicians in the hope of spreading word about LimeWire's resurrection in the hope of getting a million willing buyers signed up before the first year is done. The phrase of the day is ensuring that "NFT newbies" are well catered-for, offering easy signup, pricing in US dollars and a lack of any crypto-based gatekeeping. Users will be able to buy straight from their credit cards (or any other regular money) via Wyre's payment platform, which is also used by OpenSea. The company added that it is working with "top-tier artists" from the music world who will create content for the platform and also open lines of communication with willing fans.

Read more of this story at Slashdot.