Spotify is testing how artists can showcase their irreplaceable token (NFT) collections. From the report: The music streaming platform has deployed a test for some Android users in the US and now includes NFT previews for artists such as Steve Aoki and The Wombats. “Spotify is conducting a test in which it will help a small group of performers promote their existing NFT offerings through their artist profiles,” a Spotify spokesman said in a statement to Music Ally. “We regularly run a series of tests to improve the experience of artists and fans. Some of these tests eventually pave the way for a broader experience, while others serve only as important training.” More and more companies are trying to catch the NFT wave, but it looks like the initial surge may subside (at least for now). According to The Wall Street Journal, NFT’s daily sales fell 92 percent from 225,000 last September to just 19,000 as of May 3rd. The number of active NFT wallets is also declining: from about 119,000 in November to 14,000 in late April.

Source by [author_name]

Previous articleDA in KZN disappointed that flood victims were not allocated funds for disaster relief – SABC News
Next articleopinion | The trucking industry is under siege, but nothing has been reported from the government so far