30s Summary

LimeWire, a file-sharing site of the early 2000s, plans to introduce a new decentralized file-sharing feature, backed by BNB Greenfield. The new feature will allow users to share encrypted files globally, combining AI with secure, decentralized file sharing. BNB Greenfield, developed by BNB Chain, forms the core of LimeWire’s new feature. The platform already has over two million users utilizing its AI product to create, edit, and share content. After a revival as an NFT marketplace in 2022, LimeWire stepped into the Web3 space with a crypto-rewarding game in 2023.

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Guess who’s back? LimeWire, that old-school file-sharing site from the early 2000s, is getting back in the game with a new decentralized file-sharing feature backed by BNB Greenfield.

In an announcement, LimeWire shared plans for a product that’ll let users share encrypted files across the world. They’ve always been about file sharing, and this new feature feels like going back to their roots, but with a fresh spin incorporating their newer tech capabilities.

BNB Greenfield, created by BNB Chain, is a decentralized storage setup that’s central to LimeWire’s new feature.

Julian Zehetmayr, LimeWire’s co-founder and CEO, is amped about this development. In the company’s announcement, he said, “As a brand that was one of the first to champion peer-to-peer networks, file sharing is right in LimeWire’s wheelhouse … Now, we’re going back to our roots, but with a modern edge, blending AI with secure, decentralized file sharing for all.”

LimeWire has already got more than two million users onboard with its AI product, using it to create, edit and share content. According to the company, its content manipulation tools have been a game changer. Apparently, file sharing was one of the most requested features by its users.

If you’re old enough, you might remember LimeWire from its heyday in the early 2000s when it was all the rage for downloading free tunes. By 2007, it was on one in three computers worldwide. But all things must pass, and by October 2010, a court order effectively shut down LimeWire and stopped its software distribution.

Recently, in 2022, the LimeWire brand made a comeback as an NFT marketplace, thanks to entrepreneurs Paul and Julian Zehetmayr who bought the rights to the name. The new owners billed it as a “platform for artists, not against them.”

In 2023, LimeWire ventured into the Web3 arena, releasing a game that pays users in cryptocurrencies. The game is all about recreating the wild west days of its old app and pirating music. If players did well, they got an airdrop of LimeWire’s ERC-20 token.