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Limewire Partners With Algorand Blockchain to Launch NFT Marketplace

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Limewire selects Algorand as its blockchain partner because of the company’s commitment to clean energy.


Key points

  • Limewire’s NFT marketplace will begin with a focus on digital music and art.
  • The company hopes to hit 1 million unique monthly users by the end of its first year.

Popular peer-to-peer file sharing software Limewire is partnering with Algorand blockchain to launch a nonfungible token (NFT) marketplace. Limewire plans to mint music and art projects before expanding into collectibles more broadly.

It said in a press release that the marketplace will be a one-stop shop for creators to buy, sell, and trade their work. The company also aims to have more than 1 million unique users by the end of the first year.

The NFT marketplace has become increasingly crowded as the…

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