Reportedly, LimeWire will use the Algorand Blockchain to power its digital collectibles marketplace. LimeWire will mint its NFTs and collectibles on Algorand and launch a token later this year. While LimeWire’s NFTs will feature music-related media, its custom token will serve various functions by providing access to community features, voting rights, and rewards. Algorand was chosen because it relies on staking, and energy-efficient, and carbon-negative blockchain.