NFT
Music streaming Spotify is testing a brand new service known as “token-enabled playlists,” which permits holders of non-fungible tokens (NFTs) to attach their wallets and hearken to curated music.
At the moment, the service is out there to token holders inside the Fluf, Moonbirds, Kingship and Overlord communities. The curated playlists shall be actively up to date through the three-month testing interval and might solely be accessed by neighborhood members by way of a novel hyperlink.
Web3 gaming and media universe Overlord tweeted on Wednesday that holders of its lizard-themed Creepz NFT venture can join their Web3 pockets on Spotify to entry the venture’s community-curated “Invasion” playlist.
Overlord tweeted that the pilot is at present solely obtainable for Android customers within the U.S., U.Okay., Germany, Australia and New Zealand.
Spotify appeared to substantiate the main points in tweet reply.
Common Music Group’s NFT band KINGSHIP additionally shared that it had created a token-gated playlist for NFT holders that includes Queen, Missy Eliott, Snoop Dogg and Led Zeppelin.
Lead developer for NFT liquidity protocol NFTX Apoorv Lathey tweeted a screenshot from the pilot, displaying step-by-step methods to entry KINGSHIP’s curated playlist on Spotify.
In keeping with the screenshot, NFT holders can hook up with their Metamask, Belief Pockets, Rainbow, Ledger Dwell or Zerion wallets.
A spokesperson for Spotify informed CoinDesk that it “routinely conducts various exams in an effort to enhance our person expertise.”
“A few of these find yourself paving the trail for our broader person expertise and others serve solely as necessary learnings,” the spokesperson stated.
Spotify didn’t present further particulars on plans to roll out the function extra broadly sooner or later.
The worldwide streaming platform, which has over 489 million customers, has beforehand experimented with integrating NFTs into its service. In Might 2022, Spotify allowed a choose group of artists, together with Steve Aoki and The Wombats, to advertise NFTs on their profiles.
In the meantime, various Web3 music platforms have cropped as much as decentralize the music listening expertise. Audius, for instance, is a crypto-linked streaming service that permits customers to earn AUDIO token rewards for interacting with its app whereas Royal and anotherblock enable creators to promote music royalties as fractionalized NFTs.
