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Limewire was a P2P file sharing network that was popular in the early 2000s before going defunct in 2010 due to lawsuits regarding copyright infringement. In 2011, founder Mark Gorton was ordered to pay $105 million in fines to record labels. For those that were too young or innocent, Limewire allowed you to download basically anything, from songs to movies, without paying for them (PIRATING).
Today, the brand marks a comeback with two brothers who bought the rights for the brand and to revive under the Web 3.0 umbrella. Paul and Julian Zehetmayer plan to launch a NFT marketplace focused on music and art, and this time the brand will work for the artists not against them, with most of the profits directed towards the creators. The company has been working with Algorand and will likely go live later this year with a curated list of artists launching on their platform.
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