According to Foresight News, LimeWire, the art and entertainment digital collectibles market, has announced the launch of an AI Creator Studio on the Polygon blockchain. The studio will allow users to create new images or enhance existing ones using various artificial intelligence models, with plans to support the creation of AI-generated music using melodies, beats, and song libraries in the future.
All content created in the studio will be minted on the Polygon blockchain, and the resulting revenue will be distributed among artists and creators on the platform. Artists will receive a portion of the advertising revenue generated by LimeWire based on the number of views their content receives, paid in native LMWR tokens. This content can also be traded as NFTs on LimeWire's secondary market, with creators receiving royalties paid in USDC.
Foresight News previously reported that LimeWire launched a retro music download game in April this year and announced in May that it had raised $17.75 million through the sale of LMWR tokens.
