Does Spotify, The latest Tech Giant Plans To Support NFTs?
Spotify plans to add Non-Fungible Tokens (NFTs) along with blockchain technology. The objective is to grow artists’ income through appending NFTs technology in streaming activities. The proposed actions could bring enthusiasm to both the music and crypto industries. For example, a few job advertisements depict that Spotify requires people to perform for launching the “web3” […]
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The platform explores the possibilities to "improve artists' and fan experiences," conveying the survey among users. Major music streaming platform Spotify is reportedly testing the option of nonfungible tokens (NFTs) galleries on musicians’ profiles. Should the tests appear successful, the embedment of NFTs would serve to improve artist and fan experiences. Reports surfaced on Friday that Spotify is running a test for select users of the platform's Android app in the United States. These users can see the NFT previews on the artists' profiles. Currently, there are only two such artists,....
The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription. On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution.Revuto said it would offer a lifetime digital subscription for Netflix and Spotify via its Revolution NFT. A total of 10,000 users would be eligible to get their hands on the unique subscription model. Dino Ivankovic, head of business development at Revuto explained how....
IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward.
Revuto is changing the perception of NFTs by adding real-world utility in the shape of a lifetime subscription to Netflix and Spotify That’s right, with Revuto’s new Revulution NFTs you’ll never need to pay for your favorite video or music streaming service ever again. Just pay once upfront and you’ll enjoy full, uninterrupted access for as long as you live – or until you decide you want to sell it. Revuto can make this unusual offer because it has come up with one really cracking innovation that promises to revolutionize the way people pay for and manage their subscriptions. Using....
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear. The Chinese city of Wuhan had reportedly shelved its aspirational nonfungible tokens (NFTs) plans amid growing regulatory uncertainty around the crypto and Web3 technologies in the country.Wuhan first announced its plans to support metaverse and NFTs in the aftermath of the coronavirus breakout as a measure to boost its economy ruined by the pandemic. The city was the epicenter of the COVID-19 breakout.The Wuhan government’s draft industrial plan for the city’s....