LimeWire, the early 2000s peer-to-peer music sharing service that was reborn in 2022 as a music NFT marketplace, unveiled Tuesday a decentralized generative AI creator studio powered by the Ethereum platform. scale network Polygon. But why is LimeWire focusing on AI?
The peer-to-peer platform was wildly popular in the early 2000s with over 50 million monthly users at its peak, but was shut down in 2011 after losing a legal battle with the Recording Industry Association of America over piracy allegations. LimeWire relaunched in 2022 as an NFT marketplace with support from music industry titans like Deadmau5 and Steve Aoki.
It has since signed partnerships with the likes of Universal Music Group (home of Justin Bieber, ABBA, and Lady Gaga), and earlier this year expanded its offerings to allow content creators to curate their own subscription-only feeds, similar to Patreon. Now LimeWire introduces a new AI creator studio with the aim of further democratizing the creative industry.
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Announcing the Future of Content Creation on the Blockchain: The LimeWire AI Studio with @0xPolygonLabs
We are thrilled to announce that we are partnering with Polygon to launch the world’s first blockchain-based AI Creator Studio: the LimeWire AI Studio pic.twitter.com/LGCr09rgtP
— LimeWire (@limewire) August 29, 2023
For starters, LimeWire’s studio will offer the ability to create AI-generated images via text-to-image or image-to-image input, using existing tools such as Stable Diffusion and DALL-E. LimeWire also plans to roll out a more complex system in the coming months.
Speak with Decryptexplained LimeWire COO Marcus Feistl that several artists on the platform have used generative AI to create artwork for otherwise ready-to-release music, with the tools only speeding up the process.
In addition, LimeWire plans to launch a range of AI-created music tools as part of the studio in the coming weeks, with video capabilities coming soon after. Users can enter the studio to add specific sounds or instruments to a given song, similar to existing sample packs available to producers, or build a song around licensed beats. Humans can also create an entire song from scratch, with AI-generated lyrics, music, and vocals all available to tap.
“It’s a much simpler form of production, making it more accessible to many people,” explains Feistl. He added that LimeWire aims to “enable newcomers to begin their creative journey and provide veteran creators with the tools they need. With this everyone can become a creator.”
The studio also hopes to offer creatives a fairer payment structure. Currently, regular users who publish their art on the platform can receive up to 50% of LimeWire’s ad revenue, while “professional users” who own a certain amount of the LMWR token or own the flagship LimeWire NFT can receive up to 70% . cut.
Artists can also make money through subscription-based services or by selling their art as NFTs, with LimeWire providing an all-in-one platform for minting and trading, in addition to the ability to support video, music, and static images. Feistl claimed that several creators have already built a strong enough community around their art so that they can make a living from it.
Everything created in the LimeWire AI studio is automatically slapped onto the Polygon blockchain as NFT, using a fully automated payment system for creator revenue.
Creatives also receive a share of the proceeds when their art is used by other artists, whether it’s an image for a record release, a remixed track, or a drum loop. Everything is subject to a “rigorous process,” Feistl said, “which allows LimeWire to verify that the uploading artists actually own the rights to the content they’re sharing.”
However, he admits that it is an ongoing process.
“The more models and use cases we add, the more quality content will come out of the studio,” said Fesitl. “It will be super interesting there for me.”
The announcement of LimeWire’s AI creator studio comes as many creative industries are debating the potential dangers artificial intelligence poses to creators.
Hollywood writers and actors alike are collectively on strike, with concern over the use of AI being one of their top complaints. And earlier this week, a group of UK lawmakers warned against AI developers should be prevented from freely using musicliterature and artwork to train their models.
However, not everyone in the music industry is against AI playing a role in the creative process. Musicians like Grimes and Avenged Sevenfold singer M. Shadows are among those who have said they are fine with their voices being replicated and remixed by AI, while the Grammy Awards will allow songs created using generative AI .
“In the music industry, it seems like a sensible idea to embrace AI and work with the tools it provides,” says Feistl, pointing to the rapid innovation the industry has seen over the past two decades, such as digital downloads and streaming. “Platforms like Spotify obviously have their positives and negatives, but it is a change that you have to embrace if you want to be successful and reach your audience.”
He also believes AI offers a lot of growth opportunities, with LimeWire’s creator studio enabling artists to make their content available for others to use.
“AI’s greatest strength in music making is improving and making the creative process easier. However, it is not going to replace anything,” said Feistl, while the tools need human creativity to continuously train on. “So far, the best results have come from someone using existing music to create something new,” he added.
“I don’t think AI will ever replace the artist,” he added. “And we’re only talking about the digital side of music. We will never be able to replace real-world experiences, such as live concerts.”
