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Former music piracy platform LimeWire launches AI creator program



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All earnings from these various streams are channelled into creators’ LimeWire accounts and can be withdrawn at their convenience.

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COP28: Global effort to phase out fossil fuels



World leaders at COP28 have intensified their commitment to combat climate change by embarking on a bold initiative to phase out fossil fuels.

The United Nations climate talks, held in a virtual format due to ongoing pandemic concerns, saw representatives from nearly 200 countries coming together to address the urgent need for action on the climate crisis.

The decision to focus on ending fossil fuel use marks a significant departure from previous climate negotiations.

Countries have traditionally grappled with setting emissions reduction targets, but this year’s conference places a strong emphasis on the need to transition away from the reliance on coal, oil, and natural gas. Experts argue that this shift is critical to limiting global temperature rise and avoiding the most catastrophic effects of climate change.

Key highlights of the COP28 agreement include setting ambitious deadlines for phasing out fossil fuel subsidies, promoting renewable energy sources, and encouraging the development of green technologies.

The conference also established a fund to support developing nations in their transition away from fossil fuels, recognizing that these countries often face the greatest challenges in achieving sustainability.

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Russian police raid Moscow gay clubs



Russian authorities conducted raids on several gay clubs in Moscow, according to reports from various media outlets.

The raids have sent shockwaves through the LGBTQ+ community and have raised concerns about the ongoing crackdown on LGBTQ+ rights in Russia.

Eyewitnesses and clubgoers describe a heavy police presence during the raids, with officers reportedly detaining patrons and staff members.

The reasons behind these raids remain unclear, but they have ignited a fierce debate on social media and within human rights organizations.

International LGBTQ+ rights advocates are calling on the Russian government to address these actions and protect the rights and safety of LGBTQ+ individuals in the country.

The raids have also drawn attention to Russia’s controversial “gay propaganda” law, which has been criticized for its potential to fuel discrimination and violence against LGBTQ+ people.

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UK delays Jeff Zucker’s Telegraph deal for inquiry



The UK government has decided to put a hold on the proposed acquisition of The Telegraph newspaper by media mogul Jeff Zucker’s conglomerate.

According to a recent report, this decision has been made in order to conduct further investigations into potential regulatory concerns surrounding the deal.

The move comes amidst growing concerns over media consolidation and its impact on media diversity and competition.

The government aims to ensure that the acquisition would not result in a concentration of media power that could potentially stifle independent journalism and diverse voices in the industry.

This decision has sparked debates about the balance between media ownership and the preservation of media plurality in the UK. Supporters of the deal argue that it could lead to much-needed investments in The Telegraph, while critics worry about the potential for Zucker’s conglomerate to wield too much influence over the media landscape.

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