Major music streaming platform Spotify (NYSE:SPOT) is reportedly testing the option of nonfungible tokens (NFTs) galleries on musicians’ profiles. Should the tests appear successful, the embedment of NFTs would serve to improve artist and fan experiences.
Reports surfaced on Friday that Spotify is running a test for select users of the platform's Android app in the United States. These users can see the NFT previews on the artists' profiles. Currently, there are only two such artists, DJ and producer Steve Aoki and indie rock band The Wombats — both are known for their adoption of NFTs.