LimeWire Token Releases Monthly Report for June

The report highlights key metrics: over 13.77M new files uploaded, 497 TB of data shared, and 2.1M active users. It also notes continued preparation for app launches and upcoming scaling efforts.

Refer to the official tweet by LMWR:

LimeWire Monthly Recap - June

June was all gas, no brakes 🏎️

Here’s how we’ve kept the pace 👇

📱LimeWire apps in preparation for launch

🆙 >13.77M new files uploaded

📁 497 TB shared

👥 2.1M active users

More speed. More scale. Much more to come.

LMWR Info

LimeWire is an NFT marketplace for digital collectibles in the fields of art and entertainment, with an initial focus on musical content. This platform allows creators to build a steady revenue stream by providing their fans with exclusive access to content, ultimately strengthening the bond between creator and supporter.

The platform’s operational prowess is anchored in blockchain technology, ensuring the exclusivity and ownership of content. This unique approach permits fans to not only access but also possess and trade exclusive digital assets. Consequently, fans become active stakeholders, directly contributing to the prosperity of the creators they endorse.

Central to the LimeWire ecosystem is the LimeWire token, an ERC-20 utility token. Its primary function is to enrich the platform’s user experience and confer a range of advantages to its holders. In 2022, the token witnessed considerable financial backing, successfully closing a strategic and private pre-sale at $10.4M, with influential backers like Kraken Ventures, Crypto.com Capital, GSR, and Arrington Capital onboard.