Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Next Generation AI backbone: Oraichain, Pinlink and RSS3’s Synergetic Roles

2025-05-18

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

2025-05-18

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»LimeWire continues Web3 journey with ‘creator studio’ on Polygon
NFT

LimeWire continues Web3 journey with ‘creator studio’ on Polygon

2023-08-29No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A file sharing program once used to spread pirated music in the early 2000s will continue its more recent iteration as a Web3 content platform by launching a creator studio on Polygon.

The studio’s first use case is image generation, allowing users to create new images or enhance existing ones via various artificial intelligence models.

Later in the third quarter, users will be able to use a library of melodies, beats and songs to create AI-generated music, according to LimeWire chief operating officer Marcus Feistl. The content is to be initially sourced from partner platforms and LimeWire-owned content before allowing musicians to upload their own content.

Everything created in the studio will be minted on the Polygon blockchain. The platform splits earnings between the uploading artist of the original content and the creator of the newly AI-generated content.

Specifically, artists earn a share of the ad revenue generated on LimeWire — paid out in its native LMWR token — based on the number of views their content generates. The pieces of content can also be traded on the LimeWire secondary market as NFTs. Creators would receive a royalty, currently paid out in USDC, on this trade volume.

Finally, creators can limit access to their content by requiring fans to pay a monthly fee, also denominated in USDC.

Payouts through these various methods are sent to creators’ LimeWire accounts and can be withdrawn at any time.

“The studio is really made for experienced creators just as much as it is for first-timers,” Feistl told Blockworks in an email. “Experienced creators might use it to enhance their existing content or to tap into new content types — [like] creating cover art for music releases — while newcomers might find it as a very easy start into their creator journey.”

See also  Why Web3 should think like Amazon

While each user gets a certain amount of free creations per month, those using more frequently will be charged a fee, the COO noted.

Brothers Julian and Paul Zehetmayr bought LimeWire’s intellectual property in 2021 for an undisclosed sum. The company raised roughly $10 million in April 2022 as part of a private token sale by Kraken Ventures, Arrington Capital and GSR.

LimeWire said in a blog post at the time its initial focus was to launch a music-focused digital collectibles marketplace, noting the platform was designed “to drastically lower barriers of entry into the world of NFTs.”

In April, the company launched a game for users to simulate the downloading of music considered popular at the turn of the century. The official listing of its LMWR token came a month later.

The launch of its NFT marketplace and token listing were “the required steps to democratize creator earnings and create a decentralized and fair creator economy on LimeWire,” Feistl said.

“LimeWire’s goal is to become the no.1 platform for anyone to create, share and monetize content,” he added. “With the launch of the LimeWire AI Studio, we will now lower the entry barrier for anyone to become a content creator and start their creative entrepreneurial journey.”

Napster, a file-sharing application launched in 1999 that competed with LimeWire, revealed earlier this year it would also move into the Web3 space via an acquisition of NFT music platform Mint Songs.

That buy came after blockchain company Algorand and crypto investment firm Hivemind bought Napster last year. The acquirers said in a LinkedIn post at the time they would “once again revolutionize the music industry by bringing blockchain and Web3 to artists and fans.”

See also  Another win for Ethereum! | Web3 Daily

Source link

continues Creator journey LimeWire Polygon studio Web3
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The most popular collections of the moment on blockchain

2025-05-18

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

2025-05-18

The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

2025-05-17

Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

2025-05-17
Add A Comment

Comments are closed.

Top Posts

JUNO crypto rises 670% in 32 hours: can the bull run continue?

2024-11-20

Europe’s data ecosystem Pontus-X debuts at Hannover Messe to present Oasis-based AI, Data Services

2025-04-01

Could Bitcoin’s Spot ETF Adoption Spark $300 Billion in Crypto Inflows?

2023-09-23
Editors Picks

Bitcoin Investors Show Fear: Could a Price Bottom Be Impending?

2024-10-05

Robert Kiyosaki calls Bitcoin’s greatest chance in history, “says BTC investors will see generation wealth

2025-03-25

Brave Browser partners with Inspect to redefine Web3 browsing

2023-11-13

Here’s how ANZ and Chainlink are changing the game with Avalanche for global asset trading

2024-03-25
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Next Generation AI backbone: Oraichain, Pinlink and RSS3’s Synergetic Roles

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,508.952.18%
  • ethereumEthereum(ETH)$2,532.872.14%
  • tetherTether USDt(USDT)$1.00-0.05%
  • rippleXRP(XRP)$2.423.45%
  • binancecoinBNB(BNB)$652.281.62%
  • solanaSolana(SOL)$174.434.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2337738.38%
  • cardanoCardano(ADA)$0.762.67%
  • tronTRON(TRX)$0.269174-0.99%
  • suiSui(SUI)$3.902.69%
  • chainlinkChainlink(LINK)$16.084.65%
  • avalanche-2Avalanche(AVAX)$23.273.20%
  • stellarStellar(XLM)$0.2929392.17%
  • shiba-inuShiba Inu(SHIB)$0.0000155.65%
  • hyperliquidHyperliquid(HYPE)$26.552.34%
  • hedera-hashgraphHedera(HBAR)$0.1970873.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.71-3.46%
  • bitcoin-cashBitcoin Cash(BCH)$404.193.03%
  • the-open-networkToncoin(TON)$3.183.69%
  • litecoinLitecoin(LTC)$101.023.23%
  • polkadotPolkadot(DOT)$4.813.01%
  • moneroMonero(XMR)$340.951.79%
  • bitget-tokenBitget Token(BGB)$5.205.09%
  • pepePepe(PEPE)$0.00001412.77%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.749.62%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.186.71%
  • bittensorBittensor(TAO)$430.941.86%
  • aaveAave(AAVE)$238.766.43%
  • nearNEAR Protocol(NEAR)$2.854.76%
  • aptosAptos(APT)$5.221.77%
  • okbOKB(OKB)$53.420.64%
  • ondo-financeOndo(ONDO)$0.964.17%
  • kaspaKaspa(KAS)$0.1152802.52%
  • internet-computerInternet Computer(ICP)$5.363.47%
  • ethereum-classicEthereum Classic(ETC)$18.782.47%
  • gatechain-tokenGateToken(GT)$21.751.08%
  • crypto-com-chainCronos(CRO)$0.1001542.47%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.282.48%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2409843.50%
  • mantleMantle(MNT)$0.742.11%
  • vechainVeChain(VET)$0.0289514.04%
  • render-tokenRender(RENDER)$4.734.01%
  • ethenaEthena(ENA)$0.39535210.90%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • algorandAlgorand(ALGO)$0.2266314.98%
  • filecoinFilecoin(FIL)$2.924.17%
  • cosmosCosmos(ATOM)$4.974.27%
  • bitcoinBitcoin(BTC)$105,508.952.18%
  • ethereumEthereum(ETH)$2,532.872.14%
  • tetherTether USDt(USDT)$1.00-0.05%
  • rippleXRP(XRP)$2.423.45%
  • binancecoinBNB(BNB)$652.281.62%
  • solanaSolana(SOL)$174.434.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2337738.38%
  • cardanoCardano(ADA)$0.762.67%
  • tronTRON(TRX)$0.269174-0.99%
  • suiSui(SUI)$3.902.69%
  • chainlinkChainlink(LINK)$16.084.65%
  • avalanche-2Avalanche(AVAX)$23.273.20%
  • stellarStellar(XLM)$0.2929392.17%
  • shiba-inuShiba Inu(SHIB)$0.0000155.65%
  • hyperliquidHyperliquid(HYPE)$26.552.34%
  • hedera-hashgraphHedera(HBAR)$0.1970873.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.71-3.46%
  • bitcoin-cashBitcoin Cash(BCH)$404.193.03%
  • the-open-networkToncoin(TON)$3.183.69%
  • litecoinLitecoin(LTC)$101.023.23%
  • polkadotPolkadot(DOT)$4.813.01%
  • moneroMonero(XMR)$340.951.79%
  • bitget-tokenBitget Token(BGB)$5.205.09%
  • pepePepe(PEPE)$0.00001412.77%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.749.62%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.186.71%
  • bittensorBittensor(TAO)$430.941.86%
  • aaveAave(AAVE)$238.766.43%
  • nearNEAR Protocol(NEAR)$2.854.76%
  • aptosAptos(APT)$5.221.77%
  • okbOKB(OKB)$53.420.64%
  • ondo-financeOndo(ONDO)$0.964.17%
  • kaspaKaspa(KAS)$0.1152802.52%
  • internet-computerInternet Computer(ICP)$5.363.47%
  • ethereum-classicEthereum Classic(ETC)$18.782.47%
  • gatechain-tokenGateToken(GT)$21.751.08%
  • crypto-com-chainCronos(CRO)$0.1001542.47%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.282.48%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2409843.50%
  • mantleMantle(MNT)$0.742.11%
  • vechainVeChain(VET)$0.0289514.04%
  • render-tokenRender(RENDER)$4.734.01%
  • ethenaEthena(ENA)$0.39535210.90%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • algorandAlgorand(ALGO)$0.2266314.98%
  • filecoinFilecoin(FIL)$2.924.17%
  • cosmosCosmos(ATOM)$4.974.27%