3min chapter

Trapital cover image

Where Web2 and Web3 Meet (with Cardin Campbell)

Trapital

CHAPTER

Is There a Way to Use NFTs in the Music Industry?

An artist can give away an NFT to their fan base so long as they pre-save the song on Spotify and that pre-save will unlock the NFT. That then gives us an opportunity to share that fan to the artist and build a community for them. And what it also do, it trains the Spotify algorithm to say, oh, we have a bunch of pre-saves. That means this song must be good or this album must be good. It automatically gets added to the algorithm, the algorithmic playlist on Spotify. So it's like this nice, you know, recursive flywheel effect if we can apply that using NFTs, right?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode