LimeWire, the once-famous file-sharing platform, is looking to integrate Ripple’s XRP cryptocurrency as a payment method for the ongoing public sale of its LimeWire Token (LMWR). The move comes after the platform integrated Cardano’s ADA as a payment method for its public token sale, which received a positive response from the Cardano community.
LimeWire gained notoriety in the early 2000s for its music-sharing capabilities, but it also became a hub for illegal file sharing, leading to a lawsuit from the Recording Industry Association of America (RIAA) for copyright infringement, which ultimately led to its closure in 2010.
However, LimeWire has since reemerged with a new business model, pivoting from P2P file sharing to become a haven for content creators. Now, the platform is looking to expand its reach and potential user base by integrating XRP as a payment method.
In a tweet posted on May 6, LimeWire called on the Ripple community to show their support, promising that if the tweet received 300 retweets, XRP would go live on the platform the following day.
The move to integrate XRP comes as cryptocurrency adoption continues to gain momentum, with many companies looking to accept digital assets as payment. LimeWire’s decision to integrate XRP shows a willingness to embrace new technologies and provide its users with more options when it comes to paying for the LimeWire Token.
Should the Ripple community rally behind the XRP integration, LimeWire would broaden its reach and potentially attract a new audience. The move also signals a shift in LimeWire’s focus, as the platform looks to leave its controversial past behind and become a more legitimate player in the content creation space.
