What is LimeWire (LMWR)

1. Project Introduction
The peer-to-peer file-sharing platform LimeWire (which was permanently shut down on October 26, 2010, after losing a copyright lawsuit to the RIAA) relaunched in May 2022 as a digital collectibles marketplace focused on art, entertainment, and music. In September 2023, LimeWire acquired the AIGC platform BlueWillow and launched a new product, LimeWire AI Studio, integrating the original BlueWillow community. The new LimeWire now focuses on music, allowing users to buy and trade rare music-related items, such as limited-edition pre-release tracks, exclusive live versions, and other digital goods. LimeWire is currently positioned as a leading AI studio for image, music, and video content creation, as well as a social platform for content creators, artists, and musicians.
Summary: LimeWire is now defined as an AI studio for image, music, and video content creation and a social platform for creators, artists, and musicians, with a Discord community of over 2 million members after merging with the original BlueWillow community.
2. Team & Investment Info
Paul Zehetmayr: Founder & Co-CEO, former CEO of MobFox (acquired by Matomy Media Group), co-founder of apilayer (developer tools), co-founder of EverSign (e-signature), CEO of ZeroSSL, and founder of SaaS company Stack Holdings.
Marcus Feistl: COO, former regional head at Bitpanda, management consultant at Boston Consulting Group, with 781 Twitter followers (@marcusfeistl).
Ivis Buric: CCO, former head of brand at Bitpanda, and Bugatti Rimac.
Funding: In April 2022, LimeWire raised over $10 million during the LMWR private token sale, with Kraken Ventures, Arrington Capital, and GSR leading the round. Other investors included Crypto.com Capital, CMCC Global, Hivemind, Hard Yaka, Red Beard Ventures, FiveT, 720Mau5 (a fund backed by Canadian music producer Deadmau5), and DAO Jones.
3. Social Media URLs
X: https://x.com/limewire
Discord: https://discord.com/invite/bluewillow
Blog: https://blog.limewire.com/
4. Token Info
Token Symbol: LMWR
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: There is a burn plan.
Contract Address: https://etherscan.io/token/0x628a3b2e302c7e896acc432d2d0dd22b6cb9bc88
Token Distribution:
Token Sales (Private & Public): 23.8%
Token Burns: 22.7%
Team: 18%
Treasury: 15%
Community Rewards: 15%
Liquidity Provision: 5%
Advisors: 0.5%
5. Related Links
Official Website: https://limewire.com/
LinkedIn: https://www.linkedin.com/company/limewire/
Other Info: https://www.rootdata.com/Projects/detail/LimeWire?k=NDk0OA%3D%3D