The LimeWire Token (LMWR) is an ERC-20 utility token on the Ethereum blockchain, central to the LimeWire ecosystem. With a market cap of around $11.35 million and a circulating supply of 50 million tokens, LMWR is designed to offer perks and enhance user experience, particularly in the digital collectibles and NFT marketplace. The token is a key element in the refurbished LimeWire platform, originally founded by Mark Gorton and acquired in 2021 by Paul and Julian Zehetmayr, marking a shift from peer-to-peer file sharing to a focus on NFTs and digital collectibles.
