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LimeWire New AI Platform to Simplify Content Creation

CryptoExpert by CryptoExpert
September 20, 2023
in Market Analysis
0
LimeWire Expands AI Offerings With Image-to-Image Generation
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LimeWire has acquired a generative image platform to enhance its artificial intelligence tool that allows artists to generate revenue. In addition to images generated from text, the platform, BlueWillow, offers AI Studio users the simpler option of creating images from images.

LimeWire content creators will take between a 50 and 70% cut of advertising revenue their content earns, depending on their status within the community. Their subscribers will receive a 10% cut.

LimeWire Pushes to Become Web3 Content Hub

According to LimeWire co-CEOs Paul and Julian Zehetmayr, the move strengthens their position as a champion of creator-driven content.

“This is more than an acquisition; it’s the merger of a shared vision and innovation. Welcoming BlueWillow amplifies our commitment to both the artist and creator community. Together, we’re shaping the future of AI-driven content creation and creativity.”

Instead of generating images from text prompts, image-to-image AI can change the style of an original image. One platform, Runway, allows the user to vary the level of creativity it applies to uploaded images by assigning weights to prompts.

Betfury

Learn more about AI image generators here.

Last month, LimeWire launched a product that enabled creatives to earn royalties from content they create. Under the new model, artists can upload vocal or music performances that others can use to create their own AI music. The platform will split the revenues between content creators and content users.

Software and services are expected to grow to $2.6 billion by 2032 | Source: Markets.us

Streaming platforms faced pressure for letting large-language models generate new content from song data. Video streaming giant YouTube recently enlisted the help of a UMG taskforce to promote innovation while protecting content copyrights.

Artists to Get Revenue Boost From UMG-Deezer Deal

Since the launch of streaming, artists have earned fractions of a penny for each time someone played their music. Two weeks ago, UMG and French streaming platform Deezer said artists with a minimum of 1,000 streams per month would have twice the weight of streams from so-called “non-professional” artists.

Need some inspiration on how to earn money in Web3. Here is a list of ideas to inspire you.

In addition, if a listener searches for an artist and listens to a song, Deezer would quadruple its payout. Deezer CEO Jeronimo Folguiera said AI-generated songs would not qualify for extra streaming revenue.

Recently, Universal Music Group (UMG) and Google were in alleged talks over a tool that could better compensate artists when their content is used in generative AI music.

Got something to say about LimeWire’s new AI platform or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.



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LimeWire Acquires BlueWillow Art App Amid Pivot to ‘All-In-One‘ AI Platform

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