Spotify could be entering the NFT world

Spotify could be entering the NFT world

During the last 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 to be the most recent one.


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

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

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

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

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

Spotify including NFTs to its platform could be a very fascinating shift. The know-how might be a wholly new approach for artists to generate profits 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 house. All we all know is that the corporate is hiring a few new staff with a give attention to Web3 growth.

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