This isn’t a wholly new concept in the crypto sphere. Users will be able to buy NFTs and other digital collectibles via credit card, bank transfer and other common means through a partnership with payment platform Wyre.

One major way LimeWire claims it will accomplish this is by offering more traditional payment methods that don’t require a crypto wallet. We want to remove all those obstacles and make it easy for people to participate, while at the same time offering an exciting platform for crypto natives.” “If you are an average music fan on the internet, you might not own any cryptocurrency or have access to a crypto wallet, let alone understand the mechanics of collectibles on the blockchain. “The biggest challenge with digital collectibles and the broader crypto market in general is that it’s really limited to a small group of savvy users,” Paul Zehetmayr said in a statement. The duo are positioning the new LimeWire as a service to onboard “NFT newbies” that may want to participate in the highly-speculative market but don’t have a good grasp on crypto markets. LimeWire’s resurrection comes courtesy of “serial founders” Paul and Julian Zehetmayr, co-founders of b2b-software company Stack Holdings. The brand synonymous with sharing, and illegally downloading, music and video will now turn its eye to those media forms as part of an NFT marketplace “without the technical hurdles of the current NFT landscape.” LimeWire, the nostalgic name in peer-to-peer file sharing that bit the dust in 2011, is coming back in May with new owners and a focus on, of all things, NFTs.

Limewire music app