What occurs when a peer-to-peer file sharing platform turned NFT market acquires the IP for one of many largest pageant failures in historical past? We’re about to search out out, as LimeWire has revealed it was the thriller purchaser of the Fyre Fest model.
In accordance with a press launch, LimeWire’s “reimagined imaginative and prescient” for Fyre goes “past the digital realm and faucets into real-world experiences, group, and shock.” In a press release, LimeWire CEO Julian Zehetmayr elaborated that this imaginative and prescient doesn’t contain “bringing the pageant again.” He additionally joked that the deliberate experiences would come “with out the cheese sandwiches.”
“We’re not right here to repeat the errors — we’re right here to personal the meme and do it proper,” LimeWire COO Marcus Feistl added. “Fyre turned an emblem of every little thing that may go incorrect. Now it’s our likelihood to indicate what occurs whenever you pair cultural relevance with actual execution.”
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A method LimeWire is proudly owning the meme is by utilizing the tagline, “What Might Presumably Go Flawed?” Whereas there’s nothing of substance to announce but, the corporate has launched an internet site for its Fyre Competition enterprise, the place events can be part of a waitlist for updates.
In case you missed it, convicted felon and Fyre Fest founder Billy McFarland auctioned off the notorious pageant’s mental property, emblems, and property on eBay again in July for a mere $245,300. This got here after a number of failed makes an attempt to launch Fyre Fest 2 and a purported seven-figure deal that McFarland claimed fell by way of.
As for LimeWire, the previous mecca of pirated music within the early aughts was relaunched in 2022 as a house for NFT collections (bear in mind these?) after Austrian brothers Paul and Julian Zehetmayr bought the rights to its title. Among the many first artists to share digital collectibles on the platform was Travis Barker.