LimeWire claims to be using the Algorand blockchain for the crypto taken, which is a more energy-efficient “proof-of-stake” technology, compared to the “proof-of-work” chains like Bitcoin and Ethereum that consume vast amounts of electricity and are contributing to climate change. The new LimeWire revealed today that has signed a deal with Universal Music Group (UMG), which will allow any music artists under the UMG umbrella to sell and distribute “innovative music-based NFT projects.” The new company said it raised $10.4 million in a private sale of its $LMWR crypto token, which included Deadmau5’s 720Mau5 venture fund. In 2018, however, Frostwire went offline for a few days after a DMCA request from a content provider caused the service’s Android app to be taken off the Google Play Store. ![]() ![]() The original LimeWire trademark expired in 2010. A fork of the LimeWire client, FrostWire used to be a user-favorite option for BitTorrent downloading. ![]() The only connection appears to be the domain name - which former LimeWire developer Zlatin Balevsky sold to the new company. There’s no relation to the original LimeWire team, and LimeWire founder Mark Gorton told TorrentFreak in March that he wasn’t aware of the news until it became public. Back in 2021, Paul and Julian Zehetmayr supposedly acquired the rights to the old LimeWire brand, and have used it to start a new company based around NFTs.
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