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Former music piracy platform LimeWire launches AI creator program

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LimeWire, a former file-sharing program notorious for facilitating the distribution of pirated music during the early 2000s, has taken a transformative step into the Web3 era.

The platform, now underpinned by the Polygon blockchain, is introducing a cutting-edge creator studio that harnesses the power of artificial intelligence (AI) to enable users to craft innovative content.

The creator studio’s initial application revolves around image generation, empowering users to either craft new images from scratch or enhance existing ones using a variety of AI models.

According to Marcus Feistl, the Chief Operating Officer of LimeWire, the platform is set to elevate its offerings even further.

In the upcoming months, LimeWire will roll out an extensive library of melodies, beats, and songs that users can leverage to compose AI-generated music.

Initially, this musical content will be sourced from partner platforms and LimeWire’s proprietary collection, gradually opening up for musicians to upload their own compositions.

The core innovation of the LimeWire creator studio lies in its integration with the Polygon blockchain.

Every creation emerging from the studio will be minted as unique tokens on the blockchain.

A novel revenue-sharing mechanism has been devised, distributing earnings between the original content uploader and the AI-generated content’s creator.

Specifically, artists are poised to receive a portion of the advertising revenue that accumulates on LimeWire, which will be paid out in LMWR tokens, the platform’s native cryptocurrency, contingent on the viewership their content garners.

Furthermore, these content pieces can be traded as non-fungible tokens (NFTs) on the LimeWire secondary market, with creators entitled to royalties, currently denominated in USDC, based on the trading volume.

To maintain an equitable ecosystem, LimeWire introduces a system where creators can restrict access to their content, requiring fans to subscribe with a monthly fee in USDC.

All earnings from these various streams are channelled into creators’ LimeWire accounts and can be withdrawn at their convenience.

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Amazon Prime’s ‘The Boys’ Season 4 will explore contemporary political polarisation

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Show creator Eric Kripke hints at a narrative that will not shy away from uncomfortable truths, promising a season that challenges viewers to confront their own beliefs and biases.

Known for its bold satire and unflinching critique of societal issues, the series seems poised to dissect the current climate of division with its trademark blend of dark humour and gritty realism, as reported by Reuters.

Director/Filmmaker Rob Fantozzi unpacks the latest from The Boys and beyond in the entrainment world. #featured

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Tesla shareholders approve historic $56B Elon Musk pay package

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Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

#featured

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The secret aspect of exercise and trauma release

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Recent studies have shed new light on the profound impact sedentary behavior is having on mental health.

A meta-analysis revealed a strong correlation between increased sitting time and higher rates of depression.

Now, many experts believe that movement and exercise are not only beneficial for mental health but also play a crucial role in trauma release.

Jenni Crumpton Ross, the President and CEO of Kula for Karma joins Veronica Dudo to discuss.

#IN AMERICA TODAY #trending #mentalhealth #business #wellbeing

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