The top music streaming service has noticed Moonbirds NFT, an Ethereum (ETH) blockchain collection of pixelated owls. Spotify now rewards profile image NFT collection owners. Spotify’s Web3 foray includes NFT-gated and tokenized playlists.
The well-known collection of pixelated owls known as Moonbirds NFT crows on the Ethereum (ETH) blockchain. The most popular music streaming service is now offering a special reward to owners of the profile image NFT collection. Indeed, as part of the music streaming giant’s Web3 dive, Spotify recently announced that NFT-gated and tokenized Spotify playlists are going into practice.
Music and blockchain enthusiasts can take part in decision-making by selecting playlists thanks to the cross-sector collaboration. Only Android users currently have access to the Moonbirds NFT playlist in the Spotify app, as stated in the token-gated playlist pilot version specifications.
Adapting to the Sounds of the Digital Renaissance
First, a user must click the private link supplied to their email address and then connect their wallet on Spotify in order to access the “Sound of a Digital Renaissance” playlist. The Web3 plugin will be able to locate your Moonbirds NFT after the wallet connects and give you a one-time key to unlock the playlist.
This playlist, which was put together by SongBirds and Danny Lee, is now accepting recommendations from the Twitter crypto community. More over half of NFT holders who participated in a SongBirds Twitter poll said they would want to hear Electronic / LoFi House music on the playlist.
The new partnership between Moonbirds NFT and Spotify has generated divided opinions among blockchain technology and music enthusiasts. In fact, a lot of users on Crypto Twitter tend to believe that Spotify primarily uses Moonbirds as a tool to evaluate the potential of blockchain technology and that it won’t significantly raise the value of the NFT collection.
On the other hand:
- Only subscribers from the United States, United Kingdom, Germany, Azerbaijan, and Australia are presently able to access the new Spotify function, which is still in testing mode.
The Web3 initiatives of Spotify are crucial in evaluating the potential advantages of blockchain technology for the music business.