Spotify is testing the display of artists’ NFT galleries
Selected users on Android in the US are seeing a new section in the Spotify app for artist NFTs. The test includes previews for Steve Aoki and The Wombats. Read on for more!
Users can check collections from Steve Aoki and The Wombats through the streaming service.
Spotify is rolling a new feature that allows artists to exhibit their NFT (non-fungible token) collection as users play their music. The music streaming giant is currently testing the tool among selected US-based Android users, and it includes NFT sneak peaks of well-known artists like dj Steve Aoki and indie rock band The Wombats.
A Spotify spokesperson sent a statement to Music Ally explaining that Spotify is currently running a test in which a small group of artists will be able to promote their third-party NFT collections for users to purchase by visiting the artist’s profile. They added that Spotify usually conducts a variation of tests as an effort to improve the experience of both fans and artists through the platform. Some of those tests might pave the way for a more fulfilling experience. Others might serve only as a learning process.
Lately, a lot more companies are trying to ride the NTF high. However, that initial curiosity might be tailing away for the time being. That is because daily NFT sales have crashed over 92% since September 2021. According to the Wall Street Journal, it went from 225,000 sales per day to around 19,000 just early May. Active NFT wallets are also disappearing, going from over 119,000 in mid-November to 14,000 in late April 2022.
How to access the NFTs on Spotify?
The first step is to update the Spotify app to its latest version. Then, navigate through the artist’s profile page and the NFT gallery should be under their header and song list. By clicking on it, it’s possible to see the entire collection and scroll through the available NFTs. By selecting an NFT, an enlarged version along with a brief description of it should appear.
Under the description, Spotify will give an option to “see more”. By clicking on it, it directs the user to the NFT collection page on OpenSea, where it’s available for purchase. It’s important to note that Spotify does not support NFTs in .GIF or video formats. Therefore, it’s only possible to see the static version of the token. The only way to see if the NFT is a video, gif or sound is by visiting its OpenSea page.
According to Music Ally, Spotify is currently in the process of testing the integration and won’t collect any commission for the NFTs sold through the app. For now, users can check only two collections, created by The Wombats and Steve Aoki. It’s unclear if the music streaming service will gradually include more artists.
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