Spotify is also hiring a senior back-end engineer who can help "uncover the next growth opportunity leveraging new technologies, like Web3." The candidate will work within the company's experimental growth team on its freemium side. That candidate will report directly to Spotify's head of Innovation and Market Intelligence, Máuhan Zonoozy, who stepped into the new role last year to identify so-called "moonshot" ideas. The first job opening is for a senior manager of Innovation and Market Intelligence who has expertise in emerging trends, "especially as it relates to" creators, Web3 and other technologies. The streaming giant has posted two jobs listings looking for workers who can help the company build out its Web3 dreams. Therefore, you should never invest any money that you might need for living or for company expenses, expressing this you agreed that this is a risking capital.It was only a matter of time before Spotify jumped into the Web3 fray.
Or: The capital value of units in the fund can fluctuate and the price of units can go down as well as up and is not guaranteed. Information on past performance, where given, is not necessarily a guide to future performance. An investor may get back less than the amount invested. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. Some high-risk investments may use leverage, which will accentuate gain & losses.
Investing in crypto assets involves the risk of loss. There are risks associated with investing in cryptocurrencies. The contents of this Website are intended solely for the addressee (s) and may contain privileged information of Empirex Capital LLC and may legally protected from disclosure. Bored Ape Yacht Club NFTs have been enlisted by Universal Records to form a Gorillaz-style virtual band, and rapper Snoop Dogg has teamed up with metaverse The Sandbox to create a themed space on the platform. In the past year, musicians such as DJ Steve Aoki, the band Kings of Leon, Linkin Park vocalist Mike Shinoda, and singer Grimes have explored the innovative features of NFTs to test new revenue-generating and relationship models.
SPOTIFY PLANS TO JOIN NFT FREE
Fans who purchase their NFT ticket will be able to access exclusive merchandise items and free passes in the VIP and backstage areas. use cases of non-fungible tokens in 2022.įor example the sale of digital albums with exclusive bonuses or the use of NFTs to franchise access to personalized experiences at concerts.
SPOTIFY PLANS TO JOIN NFT DRIVERS
While collectibles, earnable in-game characters and items, virtual terrains, and digital artworks have been the main drivers of this sector of the cryptocurrency market, many experts point to the music industry being responsible for popularizing the new cryptocurrencies. In 2021 alone, the NFT market moved more than $25 billion, according to data from the dApp monitoring platform, Dapp Radar.
The other seeks a manager for the "Innovation and Market Intelligence" group with experience in "creative industries, content creation, media, Web3 and emerging technologies" who is able to "contribute to the conception of Spotify Moonshots", term used by the company for new projects with disruptive potential.Ĭontacted by the Financial Times report, the company's representatives preferred not to comment on Spotify's specific plans that led to the opening of vacancies for these professionals. "This entire small team is responsible for driving the growth through new technologies, such as Web3," the announcement reads. The first slot is for an engineer who joins the company's "experimental growth" team. The vacancies are aimed at professionals capable of developing early-stage projects focused on products and services for Web3. It is a reality, Spotify is planning to take over a part of the multi-billion dollar NFT market in its attempt to increase the income of artists who use the platform, according to a Financial Times note published on Thursday 17. Let's dive into this interesting article from Empirex Capital. The opening of two jobs related to Web3 and emerging technologies indicates that the streaming services giant does not want to be left behind in the multi-trillion dollar market for non-fungible tokens. Spotify plans to integrate NFTs into its platform
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