How do I get this music on?
You got a fuck, then crack it back three times from left to right.
I got me some baby, mate.
I'm the man that be lookin' at my neck, sayin' it's doin' well.
Dang, dang, y'all get too.
You can't do it like me, yo.
So don't do it like me, oh.
I say you try to do it like me, man, that damn hoodie.
Why me crank, why me, why me crank that room?
So build a super-soap deck, oh, super-soap deck, oh,
super-soap deck, oh, super-soap deck, oh,
super-soap deck , ah, ah, no, why me, why me, why me, why me crank that soap deck, oh,
super-soap deck, oh, oh, oh, who said that why me do, why me stop or why me do, why me
crank that soap deck, why me, why me break that soap deck, why not superman?
The fire's in their eyes, their words aren't really clear So feed it, just feed it You better
run your back to the future Don't wanna see your back if you're not your man You wanna
Don't wanna see your back if you're not your man You wanna be just better, do what you can
So feed it, but you wanna be better, feed it You better run your back if you're not your man
And feed it, but you wanna be better, feed it You better run your back if you're not your man
You better run your back if you're not your man You better run your back if you're not your man
It comes to me at night, and I think angels are working in the dark
And at the moonlight, it is almost dark at heart
You try to scream, but terror takes the sun before you make it
You start to freeze, and slow it through
It's right between your eyes, and your very life
Cause that's the day when the moonlight
You're hiding for your life
Hey, is it Ben we're speaking to?
Cool, nice to meet you, nice to meet you
Exactly, the soldier's enjoying that
Yeah, I had to put crank that on
Some of these young cats in here might not know
But crank that and LimeWire got an interesting history
So it's only right to start with that one
Ben is here representing LimeWire
And they're doing the talking launch today
That started a couple hours ago
I will let you introduce yourself a bit
So everybody knows who you are
Yeah, thanks, and thanks for having us
My name's Ben, yeah, I've been at LimeWire for
I think I was one of the first team members actually
So over like a year and a half now, pretty much when we started out
I lead partnerships, fizz dev, strategy topics, a lot of topics around the token
And have been working in crypto for quite a while actually
And yeah, exactly like you said, we just launched the token
So I guess we'll probably talk about that quite a lot in this space
But yeah, we can dive into that in a bit
Cool, and Manos, you can introduce yourself a bit as well
Yeah, sure, I'm Manos de Papel
I have been in Web3 for around 18 months
Started out as a trader, became an analyst
And now have my own agency
And I'm here with my partner, Mason, and close friend to talk about LimeWire
You know, when I obviously grew up pre-Spotify, pre-Apple Music
Downloading my music from LimeWire, so when I saw the token coming out
And I saw what you guys are doing, I was pretty excited
Brought back a lot of memories, so yeah, just happy to be here
Excited to talk about what you guys are doing
Yeah, how many here has used LimeWire previously in their lives?
You can react with some employees if you have used it
I see a couple of people have been doing that
That was one of my favorites
I don't know, they say software programs, but I was younger to download a lot of things
But it was even before Pirate Bay, right?
Yeah, please, OG LimeWire was...
Because I'm from Sweden, you know?
I'm from Sweden, so I bought a race in Sweden, so there was a lot of these
We had DC++, did you guys use that as well, back in the days?
It was a problem, at least
I was the LimeWire maxi, so it fits, right?
Yeah, exactly, and all these different softwares
I was using LimeWire back when I was burning CDs
This is pre-MP3 player, I mean, I used to download music off LimeWire
Burned CDs and throw them in my Walkman
That was way, way, way back in the day, so yeah, that's crazy
LimeWire was the goat back in the day
Okay, cool, let's dig into a bit of that
I want to hear about how you guys decided to enter the Web3 as LimeWire
What's your vision and how do you guys look at Web3 from your perspective?
Yeah, exactly, maybe rewind a little bit
Because it's something that people ask about a lot
They want to know the story about what happened
Where did we go? Why are we back?
And it's actually quite a fun story
So yeah, I guess we've just been talking about us, probably a lot of people listening
Use LimeWire back in the day
So back in the day, it was, like we just said, it was pretty much the go-to platform for downloading music
It was 50 million average monthly users, billions of songs downloaded
So really, really popular
And they basically ran into a load of troubles with record labels and so on
There was a whole load of lawsuits around 2011, 2010
And then as part of those lawsuits, the old LimeWire had to shut down, actually
And then ever since then, it just lay pretty much dormant
You couldn't use the platform anymore
And yeah, exactly, sleeping basically
So then yeah, our story is actually that we are an entirely new company
We're an entirely new team, we're an entirely new entity
And our two co-founders, Paul and Julian, they basically come from software backgrounds
So they have built and founded and scaled and exited from three or four software businesses
And then they just had this idea like, hey, we should bring back LimeWire
So they had always been involved in crypto and Web3
In their personal lives professionally, like I said, they were building in more software space, Web2 space
And then they basically started going around just acquiring all the assets for LimeWire
So acquiring the domain, acquiring the branding, acquiring the social media pages, everything like this
And they just went around collecting it all
And then once we had it all, we basically just re-registered as a new entity
We re-registered all the new trademarks, re-incorporated everything like this
So that's basically how we came back
In terms of sort of what we're doing now and what the vision is
When we relaunched, we were relaunching just as a general sort of NFT marketplace
So trying to use this brand and then basically bring it back
More or less as like an OpenSea competitor, basically
But increasingly, and it was already part of our thesis, actually, before we started
Increasingly, we kind of spotted this gap in the space
Where, you know, if you look at the Web3 side and you look at your marketplaces
There's a lot of good tech there, there's a lot of good infrastructure there already
For minting, buying, selling, trading NFTs, right?
So then what we spotted in OpenSea when we were kind of going through our thesis
Raising our private token sale as well is that there's not really this kind of
Bridge over to being able to actually consume content as well
So it's not as if you would go to OpenSea to listen to a song, right?
So we kind of noticed that
And then one of the large big pieces of feedback we were getting from our artists
Is that they really like this kind of model of being able to
One, open up another revenue stream basically
Two, tap into the Web3 community because they see the way it's going
They want to be a part of it
And three, they really want a way that they can have this closer connection with their fans
And almost create exclusive membership clubs and everything like this
So almost kind of what they were saying is that we basically want a Web3 version of Patreon
So we kind of took these two points together
How you can't really consume on your NFT marketplaces
But then you have these exclusive Web2 platforms like Patreon
Where you can build these communities
But they're just really not Web3 compatible whatsoever
And now what we've just released is basically what we call Limeye Subscriptions
So it's like the newest version of the platform
Where we're trying to bring those two things together
And I think it fuses quite well
It fuses together nicely like this kind of OpenSea meets Patreon kind of platform
Where you take from your NFT marketplace
You can have your buying, your selling, your trading
You take from Patreon, you have your consuming, you can listen to music
You can make close communities
And then we're bundling it all together
And what we're calling is probably the world's first NFT subscription platform
We're really kind of building it out to almost have this very social media feel
I think it's also a bit of a niche that we have in Web3 as well
We've done a lot since, we've done a lot of big partnerships
We raise our private token sale with some big investors
We sign up a whole load of artists, celebrities, influencers basically
To be coming to the platform and posting content
And yeah, now we just launched the Limeye token
So it's actually live right now
If you go to our page and check up in Tweet, you can see all about it
And the vision then is that the Limeye token will be underpinning the whole platform
It's like at the heart of the ecosystem
It will be the native utility token on the platform
And we're kind of, yeah, exactly building it out to be like this
Decentralized Web3 subscription platform basically
Me, I'm on a DJ since before as well
And I've always been talking, I talked a lot with different type of projects
Or record labels that are trying to enter the space
And I feel like it's a big gap between that
I think music will have such a big part of the Web3 culture in general
It's just like how and how can we make it easy and convenient for everybody
For artists to post their things and have the connections with the community
So this is a great start of that
I think definitely we will see a lot of music things
And now we started off with the art side
And I think soon we're going to add it to the music
Gaming is getting quite popular as well in the Web3
And it's just a matter of time until music will be a really big part of it
I've seen that as well that you guys have been backed up by Deadmau5
Who I respect a lot in the music industry
It's probably one of the world's biggest DJs
And as well, do you want to tell a bit more about it?
I think you're entirely right
There's this really good overlap between Web3 and entertainment
And I think music is a really good gateway for that
So yeah, we're of course starting with music being limewind
But we're actually building out with a vision to be completely content neutral
So we've had a lot of YouTubers coming in at the moment
For example, signing up for the platform
A lot of artists, even like podcasters
But yeah, it makes sense to start with music
So Deadmau5 actually invested in the round
And we're working on some stuff with him
But we had a really nice private token sale
So this was right around this time last year
Actually kind of like April, May time
We were in stealth mode for a while
Just doing the private token round
We had some pretty big investors come in
Our lead investors were Kraken Ventures, GSR, Arrington Capital
We also had Crypto.com Capital participating
We had a DAO that also had Steve Aoki
So obviously another big DJ
So yeah, we raised a really nice round
Then yeah, lots of different partnerships
One that you probably like is Armisen
We did a partnership with Universal Music Group too
Because obviously, you know, Limeye shut down
And now we partnered with them
I always love those styles of stories
You know, you're starting up as, I don't know, not enemies
But then you end up working together
And it's good that you guys are revamping as well
I mean, you have such a strong, strong brand
That was built, I mean, in our childhood
So it's really cool to see
All these bigger people as well coming in and backing you guys up
Is there any more interesting characters you can reveal?
Or is everything a bit disclosure?
We have like so much in the tank, let's say, of announcements
That we've been quite strategic with them
What I can say is, yeah, we have, like I said, quite a few artists going on
So we've been basically partnering with what we call our headliners
So like big household name artists
That will be coming to the LimeWire platform and putting out content with us
So we have people like, like Sean Kingston, for example
We just released an exclusive song with
So that's very kind of LimeWire days as well
Yeah, that's a really cool case study
Because, so he posted that in his LimeWire channel, in his LimeWire feed
I think at that time he only had around like a thousand subscribers or so
So only those one thousand people will get a copy of that exclusive song
So that's kind of the way that the platform actually works
And then, yeah, we have a whole bunch of other names
We haven't publicly announced them yet
But you can see them all over our social media profiles
We have like Nicky Jam, for example
Soulja Boy actually will probably be dropping some songs with us
We've got to get Soulja Boy back on there
For those that don't know, any of you younger boys and girls in this chat
Soulja Boy did a guerilla-type marketing campaign on LimeWire back in the day
Where he would upload his song Crank That
And this is part of the reason why Soulja Boy blew up back then
He would upload it as a hundred other different artists and song titles
So you would think you're downloading 50 Cent in the club
And then you'd press play
And then you'd download another song
And then you'd hear the same sound
Oh, I mean, I remember there was times where I would download one song five, six, seven, eight times
And every time it was Crank That by Soulja Boy
And that was actually one of the ways that he was able to blow up
He came up with this genius tactic to like
Let me just slip my song in under all these famous artists' titles
And get exposure out there and it worked
So that's why I played that song first for anybody that was wondering
Yeah, he's a real LimeWire OG
I remember like even like All I Want For Christmas
Like you'd be trying to download like a Christmas song
And then suddenly it's like, you!
Whenever I have some gigs, I go like updating myself with music
I don't like listen through everything
I don't listen through all the songs like
The whole songs I just like
I fast forward to the drop
I listen to the intro quickly
But like imagine if somebody would put something in the first five seconds
Imagine if I download like hundred songs
I go to the club, I'm super ready
And every song starts with you, you know
I don't mean like what the fuck
It's a genius marketing though
I mean, I should start thinking about this myself actually
Soldier Boy was ahead of his time
And it's funny because he launched his own project like recently as well
A couple, a couple projects, yeah
But I want to hear a bit about like
How you guys are looking at Web3 for the long term
Like what is the potential you guys see in Web3 as a very big Web2 brand?
I think that like it's actually quite interesting, right?
If you kind of like take a step back and look at the original LimeWire
This concept of like P2P file sharing is actually very kind of similar philosophies to crypto now
So it's actually something that we're trying to continue with
And there is actually kind of
You know, it does make a bit of sense actually when you think about it like that
So I think the main thing for us in Web3 is this ownership element
It's something we really believe in
Like I was saying, if you go to Patreon, you can consume content
You don't actually own it, right?
If you go to OpenSea, you can own content
You can buy it, you can sell it, you can trade it
But then you can't really consume it and you can't really like get any closer really to the artist
Or whoever it is, the creator like within the platform, right?
So the journey is a bit complicated
So I think, to be honest, like one of the best ways to describe it is through just going through like the user journey
Like what can you actually do on the platform?
So the example that we kind of use a lot to try to explain it is like
Let's take, I don't know, like a big YouTube or something
Let's use like MrBeast as an example, right?
So the example we give is like imagine MrBeast
He's just starting out and he comes to LimeWire
He gets like two, three subscribers
They're just his friends, right?
Let's say he's got three friends who subscribe
And then he posts his first video
So then like he's got his feed, he's got his subscribers
And he posts his first video
And then the way that the platform works is that then those three people will receive an NFT of the video
And only those three people will get the NFT, right?
So then let's fast forward a few years
Millions of subscribers, you know, so on
Like everything around him is super hyped
But those three people that were first subscribed and got that first video are still the only three people that have that video
Because they actually got an ownership copy of it
Because we're minting the videos with NFTs, right?
So then when you look at the user, there's kind of like three options for them
They can first of all just collect these videos
Just because you know, they like the creator they're subscribed to
Or they like being able to say like, hey, I've got MrBeast's first video and only two other people have it
That's like their first option
So you have this kind of collecting side
The second option is basically trading it
You can go on the LimeWire platform
You can go to the marketplace
You can post the video up for sale in the secondary markets
Whatever, you can flip it however you want to do it
And then the third thing that we're building out actually in the future
Towards the end of this year is what we're calling LimeWire Pay-Per-View
So it's actually going to be
And again, like I think we're probably as far as I know like the first platform that's doing this
It's actually like Pay-Per-View but for NFTs
So if you have the NFT of this video
You can basically post it up for Pay-Per-View
And it means that you don't have to sell it
But you can also actually make some like Pay-Per-View earnings out of letting other people come to watch it
So it's actually like a really cool sort of model for the user experience
And the way that it basically works is that
There's so much more to it
The token will be underpinning everything
It will have so much utility on the platform
One, for kind of like fostering this subscriber and creates a relationship
But two, you can also use it for things like the Pay-Per-View system
So in the end it should create like this kind of self-fulfilling, decentralized model almost
Where all you need to do is just turn up with your wallet
You've got like your MrBeast video in there
And you can post it for Pay-Per-View
And then everything will just flow through with the token basically
So it's pretty cool if you look at it in that sense
From the artist side, like yeah, you have a lot of it too
You can really kind of focus on building your Web3 community
If you look into the tech of like a lot of the Web2 platforms
You can actually like solve a lot of the issues that they face by putting things on chain
Which is what we're doing
I just like, yeah, want to be sure that you see a lot of these Web2 brands trying to make Web3 plays
And it just feels very kind of like, you know what I mean
It just kind of feels like a PR stunt saying like, oh yeah, we're doing Web3 now
Yeah, and they have no fucking tools going on
Exactly, so our team, we come from crypto backgrounds primarily
Actually like 50% of the team have been in crypto and Web3 for years
And so like, you know, we kind of have really built that out in a way
That the tech actually can solve some of these Web2 problems
Like, I don't know if it's getting paid on time
If it's making sure that you always get your royalties and perpetuity
If you put these videos on the, like these content pieces
If you're minting them and they're on chain, right
It kind of helps align incentives between the holder and the creator
Because like, imagine again using this example
You're one of the three people in the world that hold MrBeast's first video
Like, why would you pirate that? It just doesn't make sense, right?
So there's a lot of different things you can solve with that as well
And yeah, I know, tying it all together, I think we've got a pretty unique approach
Yeah, team is pretty well built for it, I would say
We've been rolling stuff out like super quickly compared to some other places I've worked
Like I said, we come from crypto backgrounds, we come from tech backgrounds
We have some big advices from the music side like Tareef Michael from Wu-Tang Clan, for example
But yeah, I think we're pretty well positioned
I think that makes a lot of sense too
I think that one of the challenges between creators with the current way that Web3 is structured
Is there's a lot of different avenues that as a fan or a collector you have to keep track of
Between Twitter and OpenSea and Discord, I'm kind of trying to centralize that into one place
I've thought for a while that if somebody's able to do that successfully, it could be a huge benefit to the ecosystem as a whole
And also to creators, whether it's, like you said, YouTubers or artists
Or even when it comes to music, right? Because music NFTs, it's something that makes a lot of sense, obviously
But it's something that's been quite tricky to accomplish successfully so far
And something that hasn't really been adopted and hasn't taken off
So I think that the approach that you guys are taking, or you're kind of factoring in the marketplace
With the community slash social media aspect all into one platform and token getting it
Can be very successful and beneficial to all parties involved
Definitely, that's what we're going for
How do you get... Oh, you can go ahead
No, I was just curious because I know that you touched briefly in the beginning
Saying that obviously LimeWire was dormant after all the copyright lawsuits and everything that happened
So did the current founders acquire it from the initial founders of LimeWire back in the day?
Yeah, so actually, like I said, it was entirely dissolved, right?
So in terms of acquiring, it was more just a case of gathering up all the branding and all the IP and all the assets
So it was literally like not one single person had more than one piece of the brand, if that makes sense
So I don't know, I think there was an old developer that had the domain, for example
And we had to track him down to find the domain, for example
So it was actually quite fun doing all that
It actually took a bit of time
I was going to ask how long time this all took
Yeah, I think it took at least a few weeks
But they had this idea, right? Like I said, they're pretty successful entrepreneurs
They had three exits, if you Google their names, you can read all about them
And yeah, they've got experience just in building and they had this idea and they just went after it
So yeah, it's been cool to be part of that journey, for sure
Will anybody be able to become a content creator on the platform or is it only like selective people?
Yeah, so really good question
So what we've basically done, we have these headliners, like I said
We have our own artist management team in London that kind of hands holds all these big headliners
But then we also have a creator waitlist of I think around seven or eight thousand creators that are waiting to come up onto the platform
And actually it's live on livemy.com, you can go on already now and create your own page and start your feed
So yeah, it's actually fully live already, so you should check it out for sure
Yeah, I should definitely, I didn't know it was live already, I will definitely check it out
How would you recommend to the people who's listening here as web free people, even if they're content creator or not
How they should use the platform, I mean, how should they kickstart their journey with the platform?
That's a good question, especially right now, today, given that we just started the token sale, so it's going to be hard to phrase this one
Well, I mean, first of all, like I said, the Livemy platform is live, it's just on livemy.com, you can create an account really easily
You can also become a creator straight away or you can just be basically subscribing to different creators that you like
So we already put a couple live, like I said, we have Sean Kingston live already on the feeds
There's a lot of other creators already coming in, so you can just browse creators basically and have a look for ones that you want to subscribe to
Or what we're doing as well, we have our own LimeWire created channels, so it's like us, it's curated by us
We have a couple of different channels, we have the LimeWire Originals, for example
We also have the LimeWire Pro channel, where inside of that we will be basically posting on a pretty consistent basis
Like every couple of weeks, every few weeks, maybe even like a once a month type thing, one of our headliners
So you kind of end up getting like an assortment of NFTs through that, an assortment of exclusive content
So Nicky Jam, for example, would be posting in there, a few others
So you can try to get into those, they are actually gated by our PFP collection, or then LimeWire Pro is gated by how many tokens you hold
So I guess that's my segue into the token launch
Like I said, we did launch the token today, so the public sale is live right now
So you can already go to get your tokens, it's going to be listed on Exchanges on May 16th
We're not actually allowed to say the names yet, just because of the exchange compliance teams
10 Exchanges basically lined up from May 16th
And then after that, once it's all distributed and the token is trading, we will have the token utility live on the platform already
So everything will be fully live at that point
Yeah, I mean, I see you guys, the marketing campaign and the public sale seems to be going really well
Not to mention you guys raised a pretty large private sale
10.4 million, yeah, and also the VCs and backers that they raised from are pretty substantial
GSR, Crypto.com, Kraken, like the ones that you mentioned
Are you able to say what valuation you guys raised that private sale at?
I think it's in the white paper actually
So if you go on LMWR.com, you can, actually that's probably worth mentioning
If you go on LMWR.com, that's like our landing page for the token
So it's the line Y token and the ticker is LMWR
And on that page, you can find the download link, the white paper
You can hit the about section, it has like all the, like the short version basically
It should all be up on there, including all the different public rounds as well, yeah
I believe the public sale is what, 77% sold out already as well
Yeah, exactly, so we had, we have this like live ticker going right now
I think that includes the private round too
But the public sale has been going well so far today
We raised, I think the first 2 million in under 2 hours, something like this
And yeah, today's only day one, it's going to be open for a few more days
Then, like I said, exchange listing is scheduled for May 16th
We'll distribute all the tokens before that and then we'll go live on global markets
So the exchanges we have will cover everybody, we have that question quite a lot
If US participants can participate
So the short answer is yes, a little bit more complicated unfortunately than the rest of the world
But yeah, we will have exchanges that cover US markets too
That was pretty impressive as well when I saw that you guys had an option for US residents to participate in the public sale
Typically that's not available, I know you guys did it through Republic, right?
With KYC, but that's typically not an option for most token launchers
So it's pretty impressive that you guys were able to incorporate that
Exactly, no, we definitely wanted to offer that as an option
You're right, it's through Republic
So there's two options basically to participate
If you go on token.lmwr.com, you can see them in there
It's like the landing page for the sale
I think you're on it right now, right?
Yeah, no, I actually KYC'd the other day for it
When I first saw the link start popping up and I saw the Republic out
So I created an account and KYC'd
I'm actually just breezing through the white paper as we speak
So exactly, so we're doing some of the allocation on our own launchpad
That's basically for crypto investments
So what we do is we just generate a deposit address
You can send in your crypto and then you'll basically get like a confirmation
And then that's your sale confirmed
So we accept, on the crypto side we're accepting ETH
Stables, USDC, USDT, Ethereum-based
BTC, we've got BNB in there as well
We've got Algo, we just announced yesterday that we would support Pepe as well
Yeah, that was really fun actually, I saw that
Smart move, it's a smart move
It was very funny, we just thought, you know what, there's so much hype going on right now
Let's just put out a tweet and say if we get 300 retweets then we'll consider it
And then we ended up getting like several thousand or something
So like, okay, I guess we have to
But yeah, and then Republic is the option for US investors
And it's also the option if you just want to participate like with fiat rails
So like your credit card basically and that's for the whole world as well on Republic
Those are the two main options
Cool, what is your next plans after this token launch?
I mean like, just short briefly, what are you planning to do
And how are you planning to incorporate the web free community into this as well
So yeah, near future is the exchange listings, obviously it's May 16
One thing actually, I think it was last week we did a challenge on our Twitter
Just trying to ask our community to guess the exchanges that we'll be listing on
So for anyone that wants a little Easter egg and wants to do some digging
I can't confirm, but I can just say that there's some pretty good guesses in those comments
And if you scroll back and find that you can get a pretty good feel for it I'd say
So that's the first thing
Then like I said, utility is live straight away
So a big part of the utility is like these loyalty tiers that we're putting onto the platform
So it's basically based on how many tokens you hold
And you only need at least one minimum token on the platform to qualify
And with all those loyalty tiers it basically unlocks a whole load of different perks and benefits
So they all have this essentially like a staking function kind of similar
Where you can claim monthly token rewards basically
And then you get things such as free access to merch
You get things like loading rights
In the top tier you get access to in-person events as well
So last year we actually hosted a couple
We also partnered with the Shwire and Ibiza
I guess you probably know them Mason
I want to say it was like June or July
But it was a partnership for our PFP collection
So basically anyone that held one of our PFPs
They got free access to a Shwire in the VIP era which was pretty sweet
Yeah just the entrance to Shwire is like 90U or something at the VIP
If it's through the VIP you need probably to have a table that is minimum like 8K or something
And I was on the VIP one time and I had the best time of my life
So that's a pretty damn good utility
I was going to ask as well because you mentioned I was reading through the white paper
I saw you guys released an NFT collection last year
I didn't realize that so you guys minted out AlignWire's original NFT back in 2022
So that's our PFP collection
It's kind of like almost like our answer to board 8
Like this kind of getting your PFP
And then having all the associated utility
A lot of it that we want to focus on is these live and in-person events like with the Shwire
So that was last year as well
We sold out that first batch
And then one of the biggest utility parts for the token holders as well is that
We're going to start doing these crossover events between our PFP holders
And then also our top token holders
So the top loyalty tier on the token with the tokens is basically called LimeWire Pro
So if you hold enough tokens then you qualify for LimeWire Pro
And then going forward we'll be hosting LimeWire Originals and LimeWire Pro events together
I don't know if we'll do a Shwire again but we'll do similar sort of things
Yeah if you do a Shwire again you need to hit me up
I might actually go back there in the summer
We'll see, I had a good time so it's a crazy place as well to be in
And probably the best music in the world at least from my perspective
Is there anything you want to cover more from your end or should we bring up some people and see if they have some questions
Yeah let's bring some people up
You guys still got a strong floor on that LimeWire Originals collection as well
Honestly I think everyone's waiting out for the next events because we have a very hodler community
I'm excited to, I mean the platform is crawling around a bit
What I see as a big problem when people are trying to launch platforms is like
It's quite, you have so much to compare with because you have all these social medias that you are used to using
But what I'm seeing from what I'm seeing here looks very simple and easy from a user experience
And I see this little old LimeWire screenshot
Nicely speaking of that, we also did an online game
So we rolled out this little interactive online game
If you go on game.limeWire.com
Where it's just like a little bit of fun where you can pretend to try and download songs
And you've got to be careful not to download an inverted comma as a virus
And you can get points and stuff for playing
So if you want any nostalgia just go check that out
What's up Armid? Do you hear?
Armid? We can't hear you if you're trying to speak
Let me bring up the universal duchies
Universal? You hear brother?
You have to unmute if you want to speak
I've got a microphone muted
I just like to say that I'm so super thrilled to see LimeWire here on stage again
Because I remember like 20 years ago when I was 16 years old
I remember all of my friends here on Holland
Downloaded all the music on LimeWire
LimeWire was such a big hype at that time
And suddenly it was gone and that was quite sad though
But I just want to wish you guys the best luck
And I'll be keeping my eyes out for you guys
And will that be something in the future where you can download the music again
But we will have a lot of free content feeds and things like this
So basically if you subscribe to them you'll just get a copy of those songs
As MFT straight away automatically into your wallet in your library instead
So it's kind of similar in that sense I guess
Okay, good luck guys and keep an eye on you guys
You're one of the winners as well from the 200 tokens
Thank you so much Mason, thank you so much brother
Awesome, have a good one brother
Yeah, let's try with RMite again
I just get happy by seeing the logo and the name, I don't know why
Just bring some of the memories
What's up RMite, you hear?
What the fuck, he removes himself
Okay, let's bring up a bead dice
Hey, how are you guys doing today?
We're doing good, how are you?
Oh good, I gotta say this is, like you said, this is nostalgia
I don't know too much about the project, I did just buy a thousand LimeWire tokens
So I mean, don't take my opinion too seriously everyone in the crowd, I'm now invested
Did you guys buy the rights to the LimeWire brand or is this the original founders?
To be honest, it's actually probably one of the most asked questions
We're an entirely new team, entirely new entity actually
So we went into this a little bit earlier, basically the old LimeWire when it shut down, it entirely dissolved
And then we acquired all the brand and everything like this and then came back to the new team
You guys are planning to kind of take over the Patreon space for Web3, it's looking like
Are there any creators you have your eyes on or you're planning to partner with?
So one, I can't really reveal too much, but one that I can say is we have Lauren that just signed up, Lauren Joregui
So she actually is a huge Patreon creator, she's huge on Instagram, I think she has like 12 million followers on Instagram at the moment
Great artist as well, so she is actually our first case study of someone coming over from Patreon
And she's actually migrating her whole community over
So yeah, there will definitely be a lot of stuff coming in that space as well
Like I guess you can probably imagine, we'll be starting with a lot of music and artists and so on, musicians, DJs, etc
But exactly, long term vision is to be very content agnostic
So we'll be having lots of people coming on going forward
I guess one of my big questions would be, do you plan to focus solely on music or do you plan to have video content, photo content, etc
Yeah, good question, actually everything is supported
So basically you can post text, you can post photo, you can post music, you can post video
So everything is supported
We really want to be like, I don't know exactly, Mason kind of mentioned this earlier
You have a lot of platforms that are trying, but they just don't really quite nail the UX, right?
There's just a couple of things that are a bit janky or so on
So it's been a huge focus from us
And there's really actually kind of our bread and butter
If you look at the platform now, it looks very familiar, it's very easy to use, it makes sense, it's very intuitive
And I know that's a lot of buzzwords that a lot of people throw around
But just go try it yourself, we think it's working pretty nicely
That's awesome, I mean I've been a creator for about 10 years now, I made my start on YouTube
I made a video-end song every day for 365 days
And that's kind of what brought me into the Web3 space
It's just the idea of being able to have everything that we create on the blockchain
So I've been waiting for someone to do it right
I don't know if this is the one
But I'm really pushing for you guys and I hope that this works out
Because this is a legacy brand
Thank you, I appreciate it
You should definitely sign up and check out the platform then
Oh I have, I had to claim my username, I'm big on that
I've got to claim my username everywhere as soon as possible
It's good, you can settle it in the future, you know
It's always about being first with a username
But thanks for coming up, be nice
I had another question about that content
Will you be able to do livestream content on your platform?
Super good question, we get asked this a lot of the time as well actually
Right now no, but we're working on it
So really taking in all the feedback and so on
We definitely work on it, it's a slightly different angle
But I think it just makes sense going forward
So yeah, can't make any promises on timelines or anything like this
Yeah, something what I would like as a content creator is somehow
To be able to, from a content creator's perspective to maybe
Instead of having a, I mean you have a feed
Where you can interact with your subscribers or whatever people is on the platform
And maybe if you haven't thought about it, I think you have thought about it
But at least I'm saying it, live chat
To have a live chat is something that is, me as a content creator I would prefer to have
Where you can like, you can have a live chat where you can only talk to your subscribers
Or you have a live chat where you can talk to both subscribers and everyone else
In some type of way it could be very cool to have
That's something I really appreciate
I mean imagine if this, that's why I kind of took these Twitter spaces
And started to livestream it and do it on a streaming platform
And it's been received very well
When I've been doing it because at least we have cameras and we have a live chat
So we can actually, instead of people raising their hands
They can just write your questions, you can just pick the questions from the chat
You know, more interactive in that way
It's something that I just wanted to give hints about
Yeah, definitely, no, I think you're totally right
And like I said, we take on all feedback
And then also we're actually like, we're really trying to pioneer some features that we're doing
So one of my personal favorite features is that we're going to introduce basically commissioning one-of-one pieces from your favorite artists
So like, you could go, like one of your super fans, like for example, could subscribe to your feed
And then they could DM you and be like, hey, can you make me a one-of-one exclusive song
And you can commission that through LimeWire and like using your LimeWire tokens to DM him and things like this
So we're really trying to like come up with cool stuff like that
Really trying to listen to the feedback community
Yeah, lots of exciting stuff to do
In that way, where you can, I mean, I think the biggest part, especially in Web Free at least
People, you know, you love to, what Web Free is built on is community
And how close everybody is to each other
As well as content creators or founders or whatever
So any way that could be pushing that forward
By interacting with your audience is something that is, I think, highly appreciated by everybody
So, yeah, it's good that you guys are
The best thing you can do as a company is just to listen to the people, take the feedback and just hit them at it
We're super tuned in and we're moving fast, so we're all ears
Yeah, I'm happy to hear that
I mean, you guys are probably one of the fewer ones that is actually an established brand
That is sitting on spaces, listening to people
You're kind of operating in the way people should operate when they come as a big brand into the space
So it's something I wanted to give a little shout out for at least
Let's bring up someone else here
How many spaces have you done recently, by the way?
I appreciate that feedback though, because we've been very busy, staying off late, trying to make it round
Like I said, we come from Web Free, right, as a team
So we know the community, we're here with you guys
So yeah, always got time for stuff like this
What's up, Michy? You here?
I have to unmute your mic if you want to speak
Good, do you have any questions?
So with the LimeWire pre-sale at the moment, as soon as it's sold out
The listing will be May 16, right?
So the sale is open for the next days
Then we will basically distribute the tokens to everybody
And that's the same time that all the lock-up periods and all the vesting periods start
So for all our investors, advisors, for the team, everything like this, that will all start together
And actually worth mentioning, the investor lock-ups are some of the longest
So it's at least two years before they basically get all their tokens
And then exactly, the exchange listings go live on May 16
Can you refresh me the exchanges, the central exchanges that LimeWire will be listing?
I wish I could tell you the names
Basically, we've been asked by the exchanges by their compliance teams
And for regulatory reasons, we're not actually allowed to announce which exchanges they are
Okay, so it's not allowed to announce yet
But that said, we can kind of give some hints
So if you go on any ranking website like CoinMarketCap
You can find the four exchanges in the top ten
You can find the four exchange exchanges
They cover global markets
And yeah, this is one thing
Earlier I said as well, we put out a tweet
Where we asked the community to guess which exchanges we'd be on
So if you just scroll through our Twitter and find that tweet
I can say that some of the answers were pretty accurate
Let's just put it like that
I have a feeling Binance is one of them
No, no, it's not Binance, Binance
It's a wild guess, M-E-X-C
Or either Kukwain, so those two
I will stop talking at this point
Thank you for that, Mitch, have a good day
But yeah, I think that's the best way to do it
I'm actually going to pull it up now
If you go to CoinMarketCap and take a look through the top ten
Yeah, we have some pretty nice ones in there
No, let's not play this game
Okay, let's bring up two more people
And then we'll wrap it up
Raise your hands if you want to have a chance to ask any questions
Let's bring up Businessman
Businessman Eve, he sounds mysterious
So I think he probably has a very good question
Hey, how's it going, guys?
Hey, I jumped in pretty late probably
We'll have the answer for the question I was about to ask
But I'm just curious as to kind of the tokenomics of LimeWire
If you could speak to that, like what the supply is
What allocation is for the team
Say I do buy into the presale
What's the allocation look like there?
So the total supply is a billion tokens
It will never actually be more than that
In terms of I think team allocation is one thing you said
The team allocation is off the top of my head 18% of the supply
And that comes with the longest look up basically
So it's three years before we actually get all our tokens
So we have a really long look up
The biggest part of the allocation is called the LimeWire ecosystem fund
So that's actually really exciting
That will be used for the token rewards
So basically if you've got your tokens on the platform
You will get monthly token rewards
Also includes our treasury
It also includes our artist fund which is a really big one
So what we'll be doing is we'll be basically partnering with artists along the way
And getting them to come up and put content on the platform
And they will also be basically bringing their communities with them
And so we have the artist fund basically for supporting that
And also supporting small and upcoming artists for featuring artists
We have a lot of independent artists that come to us
And maybe they want to put out on NFT
But they need basically some capital to get in the recording studio
So that will come out of the artist fund for example
Then we have the private sale investors as well
That is basically the second longest look up
So they don't get all their tokens for two years
And then we have the sale that's going on now as well
I believe off the top of my head
That is around 10% of the total supply
There's two purchasing options
So we already did a community pre-sale last month
And that sold out in under 48 hours
I think it was 400k raised in yeah
The first few hours went pretty quickly
And there was 400 raised in total
And then we just opened up our public sale today
So there's two purchasing options
One is at $0.20 and there's a six month lock up
Followed by a six month linear release
And then the initial circulating supplies being sold at $0.30
So that's on token.lmwr.com
So you can check that out now
And you can go get your tokens already now
But what I would say is yeah
If you want to deep dive into it
So anyone else that missed or came in late
And maybe missed us talking towards this a little bit
lmwr.com is our token landing page
And on there you can find our white paper
You can find an about section
Which basically covers all the key points
So yeah I'd recommend just checking that out
Sweet so it's probably going to be around
Like a 20-30 million market cap
When it starts trading probably on exchanges
Is that a rough estimate?
Would that be fair to say
Sure it's a little hard to say
Market cap right now is all
We'll see how the sale pans out
But the listing price that we're going for
Is the same as the public sale price
So there shouldn't be any arbitrage
Between there and we'll be listing
At 30 cents on the exchanges on May 16th
You guys got a great opportunity here
Especially with the meme coin season
I mean there's no better meme
Than limeway or making a return
I think that's something that a lot of people
And especially if it's on the exchanges
And I'll probably jump in on the presale
Appreciate it thanks for the support
I'm a good one businessman
Okay let's bring up the last one
Somebody's waving their hand a lot here
So I'm going to bring him up
He really wants to say hi
Yeah it's good to be chilling sometimes
So the limeway project is that
Though I also participated in the presale
And I love what they're doing
And the 6 months whereby people
And investors will be able to collect their tokens
In the period of when the token is listed
On the I think main system right
Is it that they are going to give half of the payment
Half of the token to the participants
And the half of the token will be given out
Or they will lock all the tokens
The altogether of the token will be given
To those who participated in the 20 cents
That's what I'm asking about
Yeah the second part was right
So there's a cliff on the entire allocation
All the tokens are locked for 6 months
And then they release in 1 6
We basically built out a claims portal
So you'll be able to log in
And you'll be able to see your token allocation
And each month you can see like
Okay here's my 1 6 coming
And then you can take it out
And yeah by that point like you said
Exchange listings are on May 16th
By that point everything will be live as well
So yeah that's how it will work
Alright thank you so much
Alright thank you so much
And the line were entitled it to showing up
It was a pleasure hosting you guys
Big fans this was a young kid
And I think a lot of people appreciate this as well
So I want to say good luck with everything
And do some more fun things together
I'm going to explore your platform a lot as well
And see what I can do there
Thanks Manos for hosting me
And anything else you want to say Ben?
No thanks so much for having us
We'll be around on more spaces as well
So always come and ask your questions
And I guess yeah passing message public sale is live
Pin tweet is there on our page
So check it out on token.lmwi.com
And yeah very excited for the next days
I will announce all the winners from the tokens
Where I posted the giveaway
Give me like 20 minutes I just need to have some food
And I will announce the winners
And we will sort the rest
So have a good one everybody
I have a show tomorrow actually
I'm going to announce it soon with Lucanet
The founder of Pajipenguins
We're going to host a live stream show
So hope to see you guys there
It's basically in 24 hours from now
But I will announce some more details soon