Remember the trend of downloading music from LimeWire in the 2000s? Now, the platform is making its comeback into the virtual space.

After once being defunct in 2010, LimeWire is resurging as a non-fungible token (NFT) marketplace “with a focus on music, art, and other entertainment-related content,” according to Bloomberg.

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In 2021, Austrian brothers and entrepreneurs Paul and Julian Zehetmayr bought the software’s intellectual property rights to bring its takeover from back in the day into a new era where NFTs are the current trend.

“The issue with the NFT market is that most platforms are decentralized,” Julian told CNBC. “If you look at bitcoin, all the exchanges are making it really easy to buy, trade and sell bitcoin. There’s no one really doing the same in the NFT space.”

He continued: “We’ve obviously got this great mainstream brand that everybody’s nostalgic about. We thought we needed to build a real mainstream user experience as well.”

Paul and Julian Zehetmayr

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