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LimeWire acquires Fyre Festival, has vague plans to offer 'real experiences'
LimeWire, now revived as an NFT marketplace, has acquired the Fyre Festival brand.
The newly revived company — which now acts as a NFT music marketplace rather than a file-sharing service — bought the rights for $245,000 in an eBay auction, The New York Times reports. The company is planning to reveal "a reimagined vision for Fyre" in the coming months that "expands beyond the digital realm and taps into real-world experiences, community and surprise." During the height of their popularity, NFTs were frequently sold as memberships to exclusive communities and events, so if that's the tack LimeWire takes, it wouldn't be a particularly original one.
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