LimeWire To Add XRP as Payment Option for Ongoing Token Sale

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  1. LimeWire will add XRP as a payment means for purchasing LMWR tokens.
  2. The LMWR token sale will end on May 11 at 12 PM UTC.
  3. LimeWire was a popular torrenting site that rebranded into a Web3-based creator platform.

Former torrenting site LimeWire will add XRP to the list of cryptocurrencies that it will accept to sell its own token of the same name. 

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According to LimeWire’s tweet, XRP fans need only retweet the post 300 times — there have been 879 retweets so far. Hence, XRP will be added to the list of coins and tokens accepted to buy LimeWire (LMWR).

The LMWR public sale will remain open until May 11 at 12 PM UTC. Interested participants only have less than 4 days to join. They also have two pricing options to choose from, which are $0.20 with 6 months of lock-in period and $0.30 with no lock-in.

The token sale is open to both US and non-US participants. Available cryptocurrencies of options for non-US joiners include BTC, ETH, BNB, USDT, ADA, MATIC, and more — with XRP included next. Meanwhile, US-based participants can buy using their credit cards.

LimeWire was popular as a torrenting site, although it has now rebranded itself as a platform for artists and content creators to monetize their content in a Web3 fashion. Last year, LimeWire received $10 million in funding from prominent crypto firms such as Kraken and Crypto.com, alongside other investment companies.

So far, the public sale has reached almost $16 million and the maximum target sale is $30 million. As to the exchange listing of LMWR after the public sale, the team has not yet disclosed the initial names of partner crypto exchanges.

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