
LimeWire’s making a comeback
Crypto · 9 December 2024Diogo Costa
Cryptocurrencies are volatile and not regulated or protected by investor compensation schemes – value can go down or up. Trading may be subject to tax.
Remember LimeWire? Well, it’s back. The peer-to-peer file-sharing platform from the 2000s has made a comeback with its crypto token, LMWR. LimeWire has brought a suite of generative-AI tools to its millions of users for creating and sharing images and audio content.

LimeWire’s LMWR token
LimeWire’s return is accompanied with a new crypto token, LMWR. As the native utility token for LimeWire, LMWR powers payments and rewards on the LimeWire platform.

New AI tools
LimeWire has created an AI ecosystem that brings multiple tools under one roof for content creation and sharing. This is supported by the LMWR token and Blocknode for GPU power sharing. Learn about each of these on the full course below.

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Decentralised Finance (DeFi) tokens risks:
• Smart contract risk: weaknesses in contracts, like bugs, can lead to significant losses
• Scam risk: tokens may be created by groups who have no intention of developing the project, resulting in investors losing all funds
• Data risk: some DeFi businesses may rely on third-party data sources, which could be vulnerable to hacks or disruption, causing loss in value
• Protocol complexity: DeFi protocols can be extremely complex to understand, which makes it more difficult to make informed decisions
Take time to educate yourself. These token-specific risks are additional to the general risks of cryptoassets. Learn more about the risks.