Spotify, one of the world’s most popular online music and podcast platforms, has done a remarkable job. In the statements made by the platform, it was stated that a new section was added to Spotify where NFTs were exhibited, and the feature was started to be tested with users. NFT collections added to Spotify are currently viewable by a small group of users in the US.
The feature, which appeared in the Android version of Spotify, currently includes the works of only a few digital artists. These digital artists include names like Steve Aoki and The Wombats. In the statements made by a Spotify spokesperson, it is stated that NFTs can also be promoted through Spotify thanks to this feature. However, a Spotify spokesperson has given an open-ended answer to the question of whether this feature will be permanent. So we may never see the NFT collections on Spotify permanently.
This is how NFT collections on Spotify look
NFT collections added to Spotify are presented to users under categories. After the user enters an NFT category, they can access detailed information about those NFTs. However, Spotify does not allow NFTs to be purchased. Instead, it is directed to the NFT sales platform called Open Sea. On the other hand; Spotify has no income from this business. If a user goes from Spotify to Open Sea and buys NFT, the platform does not charge any commission. At least for now…
You may not have understood the connection between the world of NFT and the online music and podcast platform. That is, Spotify closely follows not only NFTs, but also metaverse and web 3.0 technologies. In fact, in a content we shared with you a short time ago, we mentioned that Spotify officially entered the world of the metaverse and a special area was built in Roblox. The platform seems to be doing these studies to keep up with the changing world order. Also, not only Spotify, but also Instagram and Twitter are working on NFTs…