Songs, lyrics and albums can be turned into NFTs, which could help artists make more money. Snoop Dogg is a big NFT collector, and artists including Kings of Leon and Grimes have sold their music as digital art. The company's foray into Web3 and all that could come with it - you know, dapps, NFTs, DAOs and whatnot - is natural, especially given the crypto industry's interest in the music sector.

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. It was only a matter of time before Spotify jumped into the Web3 fray.

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