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 take heed to curated music.
At the moment, the service is offered to token holders inside the Fluf, Moonbirds, Kingship and Overlord communities. The curated playlists can be actively up to date through the three-month testing interval and may solely be accessed by group members by way of a novel hyperlink.
Web3 gaming and media universe Overlord tweeted on Wednesday that holders of its lizard-themed Creepz NFT mission can join their Web3 pockets on Spotify to entry the mission’s community-curated “Invasion” playlist.
Overlord tweeted that the pilot is presently solely accessible for Android customers within the U.S., U.Ok., 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 tips on how to entry KINGSHIP’s curated playlist on Spotify.
In keeping with the screenshot, NFT holders can connect with their Metamask, Belief Pockets, Rainbow, Ledger Stay or Zerion wallets.
A spokesperson for Spotify advised CoinDesk that it “routinely conducts quite a lot of checks in an effort to enhance our consumer expertise.”
“A few of these find yourself paving the trail for our broader consumer expertise and others serve solely as vital learnings,” the spokesperson mentioned.
Spotify didn’t present further particulars on plans to roll out the characteristic 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 Could 2022, Spotify allowed a choose group of artists, together with Steve Aoki and The Wombats, to advertise NFTs on their profiles.
In the meantime, quite a lot of 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 permit creators to promote music royalties as fractionalized NFTs.