Spotify reportedly tests NFT galleries on musician profiles
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,....
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French authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month. The disorder before the UEFA Champions League final game may lead to the widespread adoption of nonfungible tokens (NFTs) for ticketing at sports events in in France. The country previously stated that it intends to use NFT tickets during the 2023 Rugby World Cup and 2024 Paris Olympics. Mass ticket counterfeiting was one of the causes of the chaotic scene at the May 28 soccer championship. It turned into a major embarrassment for the....
Music and podcast streaming service Spotify posted a job offer that woke up interest in the crypto community, as it’s related to supporting cryptocurrencies for payments on the music platform, potentially. Spotify Is Treading Crypto Waters With a New Job Listing According to the job listing published on the talent acquisition platform Lever, the company is looking for an “Associate Director, Payments Strategy & Innovation” who is expected to bring in new payment strategies. The description of the job role, based in their London offices, details: This role will report to....
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” […]
Nine in-person NFT galleries and exhibitions have already opened or are set to open this year, and one could be near you. As restrictions seem to be easing for many, people who are looking to leave their houses and discover their region or country can ride the nonfungible token (NFT) wave with physical exhibitions and galleries that will be opening over the second half of 2021 — with some having opened their doors already.Will there be one opening soon in your area? Is there already one open? Are you looking to travel domestically or internationally and want to experience a medium of art....
Spotify and Apple Music reportedly cut 75% from musicians’ revenues together with the cut paid to labels. As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted.According to one of Saxo Bank’s Outrageous Predictions 2022: Revolution, music creators would benefit from NFT-based streaming platforms as they allow distributing music directly to listeners without centralized middlemen charging a fee. Saxo Bank’s cryptocurrency analyst Mads....