Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets.
Web3 gaming ecosystem Overlord, announced its partnership with Spotify on Feb. 22. The token enabled community-curated playlist from Overlord may now be accessed via Web3 wallets of those who hold the Creepz nonfungible tokens on Spotify. Only Android users from the United States, United Kingdom, Germany, Australia and New Zealand can unlock the playlists.
Other participants in the three month pilot are the Fluf, Moonbirds and Kingship metaverse communities. While Fluf and Moonbirds didn’t share any details on their partnership with the streaming service publicly, Kingship confirmed its participation in a pilot on Twitter.
The announcement triggered a surge of Web3 music tokens. Viberate’s (VIB) native token was up 33%. Other tokens, such as Audius (AUDIO) and Rhythm (RHYTHM), rose 4% and 2.5%, respectively.