LimeWire Teams Up with Polygon to Launch Blockchain-based AI Creator Studio

Printed: 29 August 2023, 8:01 am Up to date: 29 Aug 2023, 8:02 am

Limewire, a music NFT market, right now introduced the launch of its AI Creator Studio on Polygon. Previously generally known as a well-liked peer-to-peer file-sharing platform, LimeWire made a comeback final 12 months as a music-focused NFT market.

Staying aligned with the present tendencies within the digital content material creation panorama, LimeWire stated that it goals to democratize entry to AI instruments, enabling people from all backgrounds to take part. 

The AI Studio will embody picture creation and video manufacturing instruments, in addition to full music tracks. 

LimeWire COO Marcus Feistl advised Metaverse Submit that the platform selected to construct the AI Creator Studio on Polygon’s Proof-of-Stake (PoS) community as a result of its pace and effectivity. 

“Moreover, with Polygon boasting considered one of Web3’s most dynamic and expansive creator communities, it presents a precious likelihood for us to welcome these present Polygon creators into the LimeWire fold,” he stated.

Addressing the rising copyright considerations surrounding AI-generated music, LimeWire stated it can incorporate a repository of licensed content material that customers can make the most of for music manufacturing. Furthermore, the corporate plans to broaden this library, permitting musicians to add their pre-existing content material and make it accessible to fellow creators.

Nevertheless, the method of importing content material will contain a number of verification steps to make sure the originality of the music and forestall plagiarism.

“First, musicians want to verify that they maintain the rights to the uploaded music. Moreover, we’re utilizing AI to filter out copyright instances and provide DMCA companies for any violations,”

Feistl defined.

At launch, the AI Studio will solely allow picture era utilizing the newest Steady Diffusion and DALL-E fashions. New fashions for video and music era are set to roll out in Q3 2023. 

All content material generated within the AI Studio might be robotically minted on the Polygon blockchain. 

“As soon as the library is stay, we are going to use blockchain know-how to tell apart between content material contributor and creator and automate the income splits between the events,” Feistl advised Metaverse Submit.

Talking on the convergence of Web3 and AI, Feistl stated that there’s a giant and confirmed overlap between the 2 applied sciences.

“We’ve spoken to various established AI gamers this 12 months and discovered that Web3 functionalities like crypto funds and NFT minting are extremely demanded options by many AI content material creators,” added Feistl. “Therefore, we’re proud to be one of many first established gamers to deliver these two communities collectively on a single platform.”