What will the NFTs on Spotify be used for?


Mathieu Grumiaux

February 25, 2023 at 3:00 p.m.

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spotify

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The music streaming service will allow NFT owners to access exclusive content.

NFTs clearly seem to have gone out of fashion over the course of 2022, but some services continue to rely on this technology from time to time. Today it’s Spotify’s turn to join this list.

A playlist exclusively accessible to owners of an NFT

The group KINGSHIP, signed to Universal Music Group, has just posted several tweets to indicate the launch of an exclusive playlist and only accessible by obtaining an NFT.

The Swedish music platform has joined the launch and thus makes it possible to link its crypto wallet to its user account to validate the NFT and access the content.

Many wallets are accepted, such as Metamask, Trust Wallet, Rainbow, Ledger Live or Zerion. Once paired, Spotify will be able to identify the NFT and offer interested listeners a playlist not found elsewhere.

Spotify multiplies experiments around music

This launch is not a first, and other collectives such as Overlord, Fluf and Kevin Rose’s Moonbirds have already experimented with Spotify this type of product accessible only by a restricted community of users with NFTs.

Spotify seems to be treading cautiously on the subject, as a company spokesperson states: At Spotify, we regularly carry out a number of tests with the aim of improving our user experience. Some of them end up paving the way for our broader user experience and others just serve as important learnings. We have no further news to share on future plans at this time. »

The service is currently only available in a few countries, including the US, UK, Germany, Australia and New Zealand, for Spotify Premium members. Only Android smartphones will be compatible, Apple having applied restrictions on the use of NFTs in applications on the App Store.

Spotify is not at its first attempt, since in 2022, the company had already allowed artists to exhibit their NFT galleries on the platform. The news of the service is rather rich these days, with the presentation of DJ, a musical assistant based on artificial intelligence, responsible for presenting the user with music adapted to his tastes, his moods, and this, at every moment of the day.

Source : TechCrunch



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