Limewire, yes that Limewire, is back but with a twist

To me, the glory days of the internet were these peer-to-peer platforms that allowed us to download pretty much any song and video for free. Companies like Napster and Limewire shook up the digital content consumption world with their platforms. But once the iTunes store and then music streaming became more prevalent. These platforms sort of just disappeared. But just recently, LimeWire has re-launched as an AI-focused content publishing and community platform under the banner of LimeWire AI Studio. Same name, same logo but a brand new product.

Limewire’s current state – AI image generation

LimeWire AI Studio is now live, and it’s turning heads with its initial focus on AI-generated image content. Their platform will take any text and spit out AI-generated images that can then be downloaded and used. See the example I created below.

There are a few settings that you can change like what negative words to use to help contextualize the prompt better as well as different scaling and resolution dimensions. To cater to the diverse needs of creators, LimeWire AI Studio supports a variety of AI models, including SDXL, SD 2.1, and DALL-E2. The cherry on top is the company’s promise to launch its proprietary model in September, taking its commitment to AI-based content generation to a whole new level.

Limewire’s future state

What makes this evolution especially intriguing is that LimeWire isn’t stopping at images. The company has announced that it will soon expand into generative AI for music and video content. This evolution would make much more sense to old legacy users like myself. Limewire was an audio platform to me, so adding audio-related solutions is the next big step.

LMWR – crypto approach

LimeWire doesn’t just offer innovative AI solutions; it also incorporates modern payment methods. The platform has introduced a crypto utility token, LMWR, which serves multiple purposes. Users can pay for prompts using LMWR, and it’s also possible to earn a share of ad revenue with this native token. Crypto enthusiasts can buy and trade LMWR tokens on popular exchanges like Kraken, ByBit, and UniSwap. More details on the exchanges are available at www.lmwr.com/exchanges.

Another fascinating aspect of LimeWire AI Studio is its integration with blockchain technology. The platform allows users to automatically mint AI-generated content as Non-Fungible Tokens (NFTs) on the Polygon and Algorand blockchains. This feature provides a way for creators to assert ownership of their unique creations, making LimeWire AI Studio a highly versatile platform that addresses both content generation and copyright issues.

Revenue sharing and pricing

For creators, monetizing content is often a top concern, and LimeWire AI Studio has addressed this beautifully. The platform has a built-in ad-revenue sharing feature where creators can automatically receive up to 70% of all ad revenue generated from viewers engaging with their content. The payment is executed monthly in LMWR tokens, offering another utility for the platform’s native cryptocurrency.

When it comes to pricing, LimeWire offers flexibility. The basic version of LimeWire AI Studio is free, providing an excellent starting point for users who are new to AI-generated content. For those who want more, LimeWire offers paid subscription plans that range from $9.99 to $99.99 per month. These plans provide additional prompts, access to more AI models, and other advanced features that can enhance the creative process.

The future state of LimeWire

In its new incarnation, LimeWire aims to become a multi-content AI Studio where users can create sophisticated music tracks and video content using artificial intelligence. By integrating with blockchain technology and offering multiple payment and monetization options, LimeWire is positioned as a platform that not just facilitates creation but also adds value to each creation.

For those who wish to explore this fascinating landscape of possibilities, the LimeWire homepage offers all the information you need to get started on your AI-creative journey. The final take is that the new LimeWire is an ambitious, multifaceted platform that has its sights set on revolutionizing the way we create and interact with digital content. Whether you’re a creator, a consumer, or an investor, LimeWire offers something for everyone, wrapped up in a sleek, AI-driven package.

Add 9to5Mac to your Google News feed.