The latest tech company to jump on the NFT bandwagon, Spotify
waded into the web3 world earlier this month with the May 3 launch of “Spotify Island”
. Starting with a single pilot group of artists, among them Steve Aoki
and The Wombats
, Spotify will now test NFTs on the platform to specially selected users based in the US.
They will not sell NFTs directly, however, as users will need to tap through to an external marketplace to make purchases. Spotify has said it will not take a cut of the sales as part of the test.