Spotify started testing Web3 wallets integration

Music streaming level Spotify expands its Web3 efforts by investigating token-enabled playlists successful respective cardinal markets. 

Overlord, a Web3 gaming ecosystem, reported on Feb. 22 the commencement of its concern with Spotify. The token-enabled community-curated playlist from Overlord whitethorn present beryllium accessed via Web3 wallets of those who clasp the Creepz nonfungible tokens (NFTs) connected Spotify. For now, lone Android users from the United States, United Kingdom, Germany, Australia and New Zealand tin unlock the playlists. 

Other participants successful the three-month aviator are Fluf, Moonbirds and Kingship metaverse communities. While Fluf and Moonbirds didn’t stock immoderate details connected their concern with the streaming work publicly, Kingship confirmed its information successful a aviator connected Twitter. To unlock the tracklist, including the hits by Queen, Missy Eliott, Snoop Dogg and Led Zeppelin, the idiosyncratic should person a Kingship Key Card NFT.

Related: Music NFTs are helping autarkic creators monetize and physique a fanbase

The announcement triggered a surge of Web3 euphony tokens. For example, VIB, Viberate’s autochthonal token, was up 33%. Other tokens, specified arsenic Audius’ AUDIO and Rhythm’s RHYTHM, besides roseate 4% and 2.5%, respectively.

Back successful May 2022, Spotify began testing the NFT galleries connected musicians’ profiles. Although without an enactment of nonstop purchase, it fto the users preview the artists’ NFTs and beryllium redirected to the OpenSea leafage wherever they could acquisition the items.

The euphony marketplace remains 1 of the blooming areas of crypto adoption. In precocious January, value-for-value podcasting level Fountain announced a concern with ZEBEDEE to alteration Bitcoin micropayments for podcast listeners. In February, royalty rights from Rhianna’s deed 2015 song, “Bitch Better Have My Money,” has been offered arsenic part of a collection of 300 NFTs.