Spotify carries out a pilot project for token-capable playlists with NFT partners

Spotify testet mit einem seiner Partner einen neuen Dienst – „Token-enabled Playlists“ –, um es Inhabern von nicht fungiblen Token (NFT) zu ermöglichen, ihre Wallets zu verbinden und auf kuratierte Musik zuzugreifen. Es befindet sich derzeit in der Pilotphase. Der neue Dienst wurde in Zusammenarbeit mit dem Web3-Gaming-Ökosystem Overlord entwickelt und umfasst eine Token-fähige, von der Community kuratierte Wiedergabeliste, auf die über Web3-Wallets der Inhaber des Creepz NFTS auf Spotify zugegriffen werden kann. Laut dem Beamten Bekanntmachungwird der Dienst nur für Android-Nutzer aus den Vereinigten Staaten, dem Vereinigten Königreich, Deutschland, Australien und Neuseeland verfügbar sein. Abgesehen von Overlord steht das …
Spotify tests a new service with one of his partners-"token-enabled playlists"-to enable owners of non-fungal token (NFT), connect their wallets and access curated music. It is currently in the pilot phase. The new service was developed in cooperation with the web3 gaming ecosystem overlord and includes a token-compatible playlist curated by the community, which can be accessed on Spotify via Web3 Wallets. According to the official, the service will only be available for Android users from the United States, the United Kingdom, Germany, Australia and New Zealand. Apart from overlord, this is ... (Symbolbild/KNAT)

Spotify carries out a pilot project for token-capable playlists with NFT partners

Spotify tests a new service with one of his partners-"token-enabled playlists"-to enable owners of non-fungal token (NFT), connect their wallets and access curated music. It is currently in the pilot phase.

The new service was developed in cooperation with the web3 gaming ecosystem overlord and includes a token-capable play list curated by the community, which can be accessed on Spotify via Web3 walls.

"We are concerned with opening up real added value for our community, expanding the boundaries of music and blockchain and having our owners at the top of this area."

  • The test period comprises three months in which the curated playlists are actively updated and are only accessible to community members with the help of a clear link.
  • Spotify ended 2022 despite increasing quarterly losses with a better than expected user growth.
  • The result report showed that it rose by 18 % in the fourth quarter of the year and won 489 million active users per month.
  • This is not Spotify's first attempt with the NFT sector. In fact, the platform previously carried out a test to help a small group of artists such as Steve Aoki and The Wombats to advertise their existing NFT offers from third-party providers about their artists' profiles.

.