A former file-sharing big is attempting to catch a second wave within the music scene. Nicely, form of. LimeWire has acquired the Fyre Competition model.
As per the New York Instances, LimeWire is now locally efficiency occasion enterprise. This week, the free peer-to-peer sharing service turned NFT platform introduced they’ve bought the Fyre Competition. With the acquisition, LimeWire acquires all of its emblems, mental property, web site domains, and social media channels. The corporate acknowledges the transfer won’t make sense to the general public, thus they purposely performed into it in a cheeky means. “Fyre grew to become a logo of hype gone improper, however it additionally made historical past,” stated Julian Zehetmayr, CEO of LimeWire. “We’re not bringing the competition again – we’re bringing the model and the meme again to life. This time with actual experiences, and with out the cheese sandwiches.”
Senior management continued to nod to the competition that by no means was of their press launch. “We’re not right here to repeat the errors — we’re right here to personal the meme and do it proper. Fyre grew to become a logo of every thing that may go improper. Now it’s our likelihood to indicate what occurs whenever you pair cultural relevance with actual execution,” added Marcus Feistl, COO of LimeWire.
After serving time in jail for wire fraud, Billy McFarland, Fyre’s unique founder, introduced Fyre Competition II in April 2023. It was initially scheduled for Might 30, 2025 to June 2, 2025 in Isla Mujeres, Mexico, however native officers denied it was ever permitted to go on. In April, Billy McFarland introduced he was placing it up on the market after admitting the mission grew to become “greater than what I’m in a position to lead by myself.”
At the moment there aren’t any additional particulars on what we are able to anticipate from the reimagined model of Fyre Competition.