Spotify recently announced that it will adopt Web3, introducing NFT gates and tokenized playlists. This exciting development will allow music and blockchain enthusiasts to actively participate in playlist compilation and have a say in decisions. His Moonbirds NFT playlist on the Spotify app is currently only accessible to her Android users and can be unlocked by connecting the wallet to his key for one time.
A tokenized playlist pilot is currently being tested in five countries, resulting in a 1.5% increase in the lowest price of Moonbirds NFTs after the news was announced. Also curated by SongBirds and Danny Lee, a playlist titled “Sound of a Digital Renaissance” is actively soliciting suggestions from the cryptocurrency community on Twitter. Polls show that more than half of respondents want electronic jams and lo-fi his house jams in their playlists.
🚀 Breaking News: Moonbirds and Spotify Collaborate on NFT Gated Playlists to Bring Music and Blockchain Together!🎵#moonbirds #Spotify #NFTs #music #Blockchain pic.twitter.com/8i6zbDuMwN
— Solicy (@solicydotnet) May 16, 2023
Embrace the sound of the digital renaissance
To access the Sound of a Digital Renaissance playlist on Spotify, users must press a private link sent to their email address and connect their wallet to Spotify. Once the wallet is connected, a Web3 plugin will find the Moonbirds NFT and provide a one-time key to unlock the playlist.
SongBirds and Danny Lee curated this playlist and are currently accepting submissions from the cryptocurrency community on Twitter. According to a survey conducted by SongBirds Twitter survey Over half of NFT owners want electronic/lo-fi house jams in their playlists.
Blockchain and music fans are divided over the new collaboration between Moonbirds NFT and Spotify. Many people on Crypto Twitter believe that the use of Moonbirds will not significantly increase the value of their NFT collection, and they primarily see it as a tool for Spotify to evaluate the capabilities of blockchain technology.
1/ It’s official! Moonbirds selected as partner @Spotify For exclusive pilots introducing token-enabled features to the platform. Here’s what holders should know about this unique experience. pic.twitter.com/AdFByIUrxa
— Moonbirds (🦉, 🎨) (@moonbirds) May 11, 2023
Differences of opinion among cryptocurrency fans
The collaboration between Moonbirds NFT and Spotify has sparked mixed reactions from both the cryptocurrency and music communities. While some consider the potential value that this partnership could bring to Moonbirds, Spotify’s involvement is merely an experiment to evaluate blockchain technology without offering significant benefits to Moonbird token holders. There is also an opposing point of view.
This disagreement highlights the different perspectives and debates surrounding this collaboration as stakeholders weigh the potential consequences and implications for both Moonbird and mainstream adoption of blockchain in the music industry. .
NFT stories on Spotify
In 2022, Spotify began exploring NFTs by launching a feature that allows artists to promote their digital art. However, due to the volatility of the cryptocurrency market and changing economic conditions, Spotify’s ambitions in the Web3 space have gradually diminished.
In 2023, Spotify has decided to test NFT Gate playlists with Bored Ape’s metaverse band Kingship. They released a playlist accessible only to NFT holders who have connected cryptocurrency wallets. Like Moonbirds, this pilot has geolocation restrictions, and initially he was only available to Android users due to Apple Inc. restrictions.
Gradually, other communities such as Flur and Overlord also used the streaming platform to create NFT gate playlists. Building on its success, Moonbird’s Sound of a Digital Renaissance playlist was born, opening up new ways for collectors, artists and music lovers to engage with digital currency.
Spotify’s launch of Web3 via NFT playlists allows music and blockchain enthusiasts to actively participate in curation. The Moonbirds NFT playlist, accessible only to Android users, has generated a lot of interest, and the Sound of a Digital Renaissance playlist is open for suggestions. This collaboration demonstrates blockchain’s potential to transform the music industry.
#Moonbirds #Release #Tokengate #Playlist #Spotify #NFT