Spotify Entering the NFT Space, Users Seem To Be Dismayed By CoinQuora

Spotify Entering the NFT Space, Users Seem To Be Dismayed

Cryptocurrency May 18, 2022 09:00AM ET

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Spotify Entering the NFT Space, Users Seem To Be Dismayed

Spotify (NYSE:SPOT) users react to Spotify experimenting on NFTs.
Selected US-based users will be able to see the NFTs of some artists on the platform.
The music industry is making waves in the NFT world.

Following the announcement from Music Ally that major music streaming platform Spotify will be testing the option to include NFT galleries on musicians’ profiles, Spotify users are having mixed reactions to this news.

The test will run optionally for select Android users across the United States and currently includes NFT previews for artists such as Steve Aoki and The Wombats.

Even though Spotify will not be taking any cut from NFT sales, several Spotify users were tweeting about their reactions to this latest news and it’s fair to say that the tone is not one of overwhelming support.

Twitter (NYSE:TWTR) user Jordan McKimm said that the music platform is yet “another platform falling victim to NFTs,” adding that they will stop using the app once the NFTs are integrated.

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