If you have Spotify Premium, a regular subscription to the streaming service for a tenner a month, you have access to everything in the app until recently. You can view and use all playlists unless a user has set them private. But, that kite is not flying now. Some playlists on Spotify are only available if you own NFTs: Fungible Tokens. And not just any NFTs.
Spotify NFT playlists
Spotify allows you to listen to certain playlists without NFTs. Although many people think that NFTs are getting a little too complicated, many companies are actually still working on them. Instagram is doing something with that, Red Bull’s doodle contest, where drawings are converted into tokens, and now the world’s most popular music streaming service.
CoinDesk He writes that this only applies to certain non-fungible tokens such as Fluff, Moonbirds, Kingship, and Overlord. Members of those groups can access playlists. Kingship is a band that creates playlists where you get access to what’s called a Kingship Keycard (NFT). Now you’d think that it only has unique music that you can’t hear anywhere else, but that’s not the case. Kingship’s playlist includes songs by Missy Elliott and Led Zeppelin. Well, do you really need an NFT for that? Also, if someone shares the playlist content online, you can see the songs yourself.
NFT Club
While the idea is good, and like the bored monkeys of the yacht club, you can actually access an online platform that’s not open to anyone else, the question is whether music playlists are really a great app. NFTs. After all, you have to connect your cryptowallet first and make sure you have that NFT in your wallet to prove you should be allowed access. But again: for songs that can be found individually and for free on Spotify.
Spotify isn’t very transparent about itself. This means it does regular testing to see what works for a wider audience. So, this test isn’t about a big, global rollout forever, but rather a three-month trial period among Android users in the United States, United Kingdom, Australia, Denmark, and New Zealand. So even if you own that NFT, you can write access to that playlist in your stomach instead of the blockchain.