Business News Report
September 20, 2023

LimeWire Acquires AI Image Generation Platform BlueWillow

In Brief

NFT marketplace LimeWire’s acquisition of BlueWillow, an AI image platform with 2.3 million users, marks a shift in AI content creation.

LimeWire’s AI Studio empowers creators while retaining ownership rights.

The merger aims to provide advanced AI tools to a broad audience, simplifying the creation process.

LimeWire Acquires AI Image Generation Platform BlueWillow

NFT marketplace LimeWire has announced the acquisition of BlueWillow, an AI image generation platform that boasts more than 2.3 million engaged users. BlueWillow, which competes with Midjourney and Stable Diffusion, has played an important role in generating 500 million images within one year.

This acquisition coincides with LimeWire’s launch of LimeWire AI Studio, a platform that empowers creators to generate images, retain ownership rights, and earn revenue from their creations. Paul and Julian Zehetmayr, LimeWire’s Co-CEOs, expressed their excitement about the merger, stating that it reinforces LimeWire’s commitment to the artist and creator community.

LimeWire will integrate BlueWillow’s proprietary AI model for text-to-image and image-to-image generation with its AI Studio and creator platform. The objective is clear: to provide advanced AI tools to all creators, regardless of technical expertise, and unleash their creative potential.

LimeWire’s AI Studio distinguishes itself by allowing creators to retain ownership of the images they generate, setting it apart from competitors that lack ownership rights. Moreover, LimeWire’s platform simplifies the creation process, making it accessible to a broader audience beyond technically proficient users.

Furthermore, this acquisition will create a community where AI image creators can make money through ad revenue. Users will have access to AI tools to create, share, and profit from their content, ushering in a new era of AI-driven creativity.

Creators will receive 50% of ad revenue from their content, with the potential to earn up to 70% depending on their status within the community. Subscribers to creators will also benefit, receiving 10% of ad revenue and an extra 10% if they share the content on social media.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024