NEW: LimeWire raises $10 million in private token sale to grow music-linked NFT platform (via LHM1)
LimeWire has raised $10.4 million in a private token sale. It plans to use the money toNews of the fundraise comes little over a month since the platform announced it was plotting a comeback.Kraken Ventures, Arrington Capital and GSR as it builds its platform for music-focused NFTs.after the company announced it was plotting a comeback.
The team behind the resurrection, which is currently based across Vienna, London and Berlin, says the platform will initially focus on music-linked NFTs. Its new iteration will allow fans and artists to create, buy and trade digital collectables without the current technical hurdles of the NFT landscape.
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