LimeWire Acquires Fyre Festival, Plans Crypto Integration
LimeWire has acquired the infamous Fyre Festival for $230,000, marking a bold attempt to resurrect the brand with a crypto-centric approach. CEO Julian Zehetmayr confirmed plans to integrate the LimeWire token and potentially NFTs for legacy ticket holders, though specifics remain undefined. A physical event is anticipated, with detailed announcements expected in early 2026.
The acquisition underscores LimeWire's ambition to leverage blockchain technology in redefining live experiences. The MOVE capitalizes on both the notoriety of Fyre Festival and the growing intersection of entertainment and decentralized finance.