Limewire has exceeded its $15 million funding goal by raising over $16.5 million through sales of its cryptocurrency token (LMWR). The project aims to raise $30 million and the sale will close on May 11, with the token set to be listed on four major exchanges from May 16. Limewire's revived version will serve as a platform for music artists, allowing them to create content on blockchain-based content and monetize it with cryptocurrency rewards, payments, and subscriptions. Content on the platform will be stored and traded as non-fungible tokens (NFTs), with access to that content gated behind NFTs and other tokens.