LimeWire Getting Ready For Music Studio Launch

By Aventurine | Crypto Aventurine | 6 Nov 2023

LimeWire is on of the crypto projects that keeps consistently delivering! Recently they have launched Photo AI Studio and acquired BlueWillow with 2million users. their discord channel actually has 2,300,000 members!

Now it is time for the AI Music Studio that is set to launch within 2 weeks! Users will be able to generate full length tracks, but what will the quality of those tracks be, well - we are yet to find out!

But you can listen to the non-AI tracks, I include some of the latest few:

1. Track 1

2. Track 2

3. Track 3

4. Track 4

I have been following the project for quite some time and their commitment to the community is unmatched! They do weekly video updates on progress and they really do care about the users and investors! you can follow the updates by joining Discord channel here: https://discord.gg/EhkJunAp

You might also check out the content on the platform here: LimeWire and you will find a lot, as the platform is very active! And For those who don't know LimeWire has implemented ad revenue sharing with pretty much anyone who is using the platform! And how much you earn it depends, but here is a general breakdown:

1. Creators receive 50% of all ad-revenue generated on the LimeWire platform.

2. Fans & subscribers receive 10% of all ad-revenue generated from content they own. To qualify, they must have subscribed to the creator before the content was released.

3. Promoter receive 10% of all ad-revenue generated from content they promote on social media.

LimeWire was using google adsese for the ads, but recently they announced they are switching to a new ad partner.

I am looking forward to see how the AI music studio will work. To be honest it will be so easy to make music. AI is transforming the creative space completely and I doubt just generating a track will be enough. I can see what is happening with pictures - there is plenty of photos being generated, there are beautiful photos but, there is a lack of real engagement. I suspect the same will happen with music there needs to be something that people can relate to.

The platform has also added Polygon as default blockchain LimeWire token has skyrocketed in the past few days! 130% pump!

Some of that pump could be attributed to the buyback as this is how LimeWire is dealing with ad revenue. They buy back the token and redistribute it to users. They have more than 2mil users and growing, so advertisers are certainly interested!

On the hourly looks like the LMWR token is forming a rising channel, I think we are at the top of this run and there will be some correction, but I wouldn't bet on it.