Spotify could be entering the NFT world

Spotify could be entering the NFT world

Over the past couple of years, NFTs have been an enormous buzz within the tech world. Now, main tech platforms, like Instagram and Twitter, are beginning to get on board and Spotify seems to be the most recent one.


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A few new job listings from Spotify (h/t Monetary Instances) recommend that it may doubtlessly breach the NFT world quickly. Each listings present that the corporate is on the lookout for individuals to work on initiatives associated to “Web3.”

Web3 is a tech buzzword that envisions a type of decentralized web that hopes to wrestle some management away from “huge tech” corporations that management a lot of the web’s knowledge.

One of many latest Spotify job listings is for a Senior Backend Engineer. The itemizing describes a task on a “small and full-stack crew accountable for driving progress by new applied sciences, like Web3.”

The opposite itemizing is for a Senior Supervisor of the Innovation and Market Intelligence group throughout the firm.

This Senior Supervisor wants “skilled familiarity with rising tendencies, applied sciences, platforms and ecosystems, particularly because it pertains to the content material, creator, media, web3, and rising expertise industries.”

Spotify including NFTs to its platform can be a extremely attention-grabbing shift. The expertise might be a completely new method for artists to earn cash from their music.

On the similar time, it may give customers new methods to expertise and revel in music by the platform.

After all, it’s too early to inform precisely what Spotify has deliberate within the NFT area. All we all know is that the corporate is hiring a few new workers with a concentrate on Web3 growth.

We’ll have to attend and see if Spotify takes the dive into NFTs within the close to future.