On February 22, the media entertainment platform Overlord took to Twitter to announce that Spotify has achieved a groundbreaking new level in Web3 and NFT use cases with its latest creation: “Token-enabled Playlists.”
As per the announcement, the new service permits non-fungible token holders to link their Web3 wallets and access a curated playlist of music. The service pilot is currently available to users of Android devices in the UK, US, Australia, Germany, and New Zealand.
Web3 has been embraced by several firms and artists in the music industry, leading to multiple NFT funding rounds, sales, and partnerships. One such industry giant is Spotify, the world-renowned digital platform for podcasts, music, and video content that provides users access to millions of curated playlists and other media.
This latest development marks a significant stride for Spotify into the Web3 arena. In the previous year, the platform granted artists the ability to incorporate non-fungible tokens (NFTs) into their profiles.
According to the new report, the token-enabled playlist service is accessible to NFT holders on Fluf, Overload, Kingship, and Moonbirds platforms. The service provides users with curated music playlists that may be subject to updates throughout the three-month pilot. Additionally, the service is exclusive to community members, who can access it via a unique link.
Overlord’s recent tweet reveals that only Creepz NFT project holders can link their Web3 wallets to Spotify and access the specially curated playlist. While Overlord was the first to report this news, the Spotify team has since confirmed it with a tweet response, expressing their enthusiasm for this exciting new offering.