LMWR Token at the heart of the LimeWire ecosystem.
LMWR is a utility token deeply embedded into the LimeWire ecosystem. By holding LMWR in your account, you can claim token rewards, reduce your trading fees, cast votes for artists and features, and actively participate in our community.
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LimeWire Token $LMWR
Supply: 1,000,000,000 LMWR
Strategic Sale: USD $10.4 million raised
Public Sale: Q1 2023
LMWR Token Investors
LMWR Rewards
Depending on the amount of LMWR you hold in your LimeWire account, you will be able to claim additional token rewards on a regular basis.
Reduced Fees
Holders of the LMWR token are exposed to significantly reduced fees when buying, selling or trading NFT collectibles on the LimeWire marketplace.
Community Benefits
Holders enjoy early access to NFT drops on the marketplace, exclusive announcements ahead of time, access to LimeWire merchandise, and much more.
Voting Mechanisms
Over time, LimeWire will be introducing mechanisms for the community to vote on platform functionalities, partnerships, and artists featured on the marketplace.
Frequently Asked Questions
What is LMWR?
LMWR is a utility token deeply embedded into the LimeWire ecosystem. There is a total of 1,000,000,000 (1 billion) LMWR tokens, the vast majority of which is locked inside LimeWire's treasury, a dedicated artist fund, a fund reserved for token holder rewards, a liquidity pool, as well as core team members and partners.
What can I use the LMWR token for?
By holding LMWR token in your LimeWire account, users will be able to regularly claim LMWR token rewards, reduce their commission fees while trading on the LimeWire marketplace, cast votes for artists to be featured on LimeWire and platform features, as well as actively participate in our vibrand community.
Who are the investors behind this token?
In early 2022, LimeWire successfully raised a total of USD $10.4 million in a strategic token sale led by Kraken Ventures, Arrington Capital, GSR, Crypto.com Capital, CMCC Global, Hivemind as well as, 720Mau5, the fund behind Canadian music producer Deadmau5, as well as DAO Jones, a group of investors including Steve Aoki.
When is the public token sale?
The public sale of the LMWR token is scheduled for Q1 of 2023 and will take place on a well-known token launch pad or cryptocurrency exchange. To stay up-to-date and be the first to know as soon as a public sale date has been set, please join the LimeWire Discord channel and follow us on social media.