The information about the LimeWire (LMWR) token is as follows: LimeWire (LMWR) is an ERC-20 utility token launched on the Ethereum blockchain, serving as the backbone of the reimagined LimeWire ecosystem. Originally a peer-to-peer file-sharing platform from the early 2000s, LimeWire relaunched in 2022 as a Web3 platform focused on content creation, NFTs, and decentralized technology. The LMWR token is deeply integrated into this ecosystem, designed to enhance user experiences and provide various benefits to holders. It powers transactions, rewards, and governance across two primary platforms: the LimeWire AI Platform and Blocknode. The AI Platform enables users to create, upload, and share files of any size, leveraging advanced AI tools for content generation, such as image recoloring, music, and video creation, with all content automatically minted as NFTs on Ethereum. Blocknode, a decentralized physical infrastructure network (DePIN), provides GPU infrastructure for AI and computing tasks, where users pay with LMWR and providers earn LMWR for supplying resources.

The total supply of LMWR is capped at 1 billion tokens, with a portion already burned to reduce supply over time, as part of its tokenomics strategy. The token’s smart contract has been audited for security, emphasizing its reliability on Ethereum’s robust blockchain. LMWR holders can participate in governance, voting on decisions related to platform development and the LimeWire Foundation’s artist fund, fostering a decentralized community-driven approach. Additionally, the token supports loyalty programs, offering tiered rewards based on holdings, such as access to exclusive NFT drops and community events. It is also used for payments within the ecosystem, including subscriptions, tipping creators, and accessing premium features like the AI Studio, which provides generative tools for creative projects.

LimeWire’s ecosystem extends beyond Ethereum, with LMWR bridged to other blockchains like BNB Chain and Base via ChainPort, broadening its accessibility and enabling trading on decentralized exchanges like PancakeSwap. The platform aims to empower content creators—musicians, videographers, and brands—by allowing them to build membership-based communities where fans can own and trade exclusive digital assets as NFTs. Posts on X highlight its evolution from a music-sharing service to a Web3 innovator, with features like ad-revenue sharing and plans for decentralized GPU infrastructure to support AI-driven content creation. Backed by notable investors such as Kraken Ventures and Crypto.com Capital, LimeWire leverages its nostalgic brand to drive adoption in the creator economy, positioning LMWR as a key utility token for both creators and users in this blockchain-powered ecosystem.