Spotify tests NFTs on artist profiles

Where and For whom?

The trial is being conducted for a small number of Spotify Android app users in the United States. If the function is successful, the firm does not rule out complete deployment for all artists. Users on Twitter are also reporting on Spotify’s study on NFT, Web 3.0, and cryptocurrency.

Why?

According to a corporate representative, the experiments are being carried out “to better the experience for artists and fans,” and while some will eventually “open the door to a bigger experience,” others will “serve solely as an essential lesson.” Some Spotify customers have spoken out about the NFT-related poll that the streaming provider sends them.

Conclusion

Spotify will join the ranks of other well-known corporations in incorporating NFT into their platforms. Instagram CEO Adam Mosseri confirmed last week that the company has begun testing NFT, while Meta CEO Mark Zuckerberg stated that the functionality might potentially emerge on Facebook and other Meta-owned applications.

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