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Playlists Unlocked by NFT Holders – The Future of Music Streaming?

March 2, 2023
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Supply: AdobeStock / esthermm

On-line music streaming large Spotify is testing a brand new playlist perform made particularly for non-fungible tokens (NFTs) holders.

Referred to as Token-Enabled Playlists, the brand new perform will allow customers who maintain sure NTFs to attach their crypto wallets to Spotify and entry unique content material. 

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Spotify is working with a startup Overlord as one in every of its companions within the new pilot. Per a Twitter thread by Overlord, the holders of Creepz NFTs are given an opportunity to check out this selection. Overlord signed a cope with Seth Inexperienced’s manufacturing firm Stoopid Buddy Stoodios for an animated present primarily based on characters from the Creepz NFT assortment earlier this month. 

The pilot is out there within the US, UK, Germany, Australia, and New Zealand, and at the moment solely on Android.

The startup defined that their “Invasion” playlist may very well be accessed by customers connecting their Web3 wallets on the app.

Spotify acknowledged that this service is out there to Spotify Premium customers solely, TechCrunch reported, and that the testing interval will final three months, all through which playlists shall be up to date. 

“At Spotify, we routinely conduct quite a few assessments 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 essential learnings,” the corporate was quoted as saying, with out offering particulars. 

And Overlord isn’t the one mission to hitch the trial. Kingship, a metaverse band – “the primary supergroup of Bored Apes” – signed to Common Music Group (UMG), introduced that it is part of this take a look at as properly. They mentioned they’d be “launching a model new token-enabled playlist.” 

Per Kingship,

“It is a particular second. We’re all about unlocking actual worth for our group and pushing the boundaries of music and blockchain, and having our holders be on the forefront of this area.”

They added that this can be a curated playlist completely for KINGSHIP Key Card NFT holders. The group additionally shared directions on accessing the playlist. Out there crypto pockets choices embody MetaMask, Belief Pockets, Rainbow, Ledger Reside, or Zerion.

Beside Kingship and Overlord, Moonbirds and FLUF are additionally reportedly collaborating. 

iPhone customers at the moment shouldn’t have the choices to entry these unique playlists, which is unsurprising provided that Apple up to date its App Retailer Evaluation Pointers with extra guidelines for crypto and NFTs final October. 

“Apps might use in-app buy to promote and promote companies associated to [NFTs], akin to minting, itemizing, and transferring,” the rules learn. “Apps might enable customers to view their very own NFTs, offered that NFT possession doesn’t unlock options or performance throughout the app.”

The issue is that that is precisely one of many key use instances for NFTs – they unlock entry to unique content material or different perks.

____

Study extra: 
– Coinbase Disables NFT Buying and selling on Pockets Attributable to Apple’s App Retailer Insurance policies – Right here’s What Occurred
– Apple to Permit Exterior App Shops in Main Overhaul Prompted by EU Rules – NFT Increase Incoming?

– OpenSea Proclaims Partnership with Warner Music Group
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