Web3 platform Revuto offers Spotify and Netflix subscriptions via NFT
Netflix and Spotify’s lifetime digital subscriptions to be made available by Revuto through its Revolution NFT. Here’s how it will work:
- Jul 15, 2022,
- Updated Jul 15, 2022 5:12 PM IST
Revuto, a Web3 platform announced this week that they would let people subscribe to Spotify and Netflix via NFTs.
In layman's terms, Non-Fungible Tokens or NFTs are unique and non-interchangeable units of data stored on the blockchain, which is a type of digital ledger. The owner of the NFT gets a proof of ownership certificate from the digital ledger. NFTs are usually associated with non-physical art but in reality, they have applications in fields like ticketing, supply chain management, citizen identity, domain names, and others.
Also Read: Top 13 types of NFTs: Here's the complete list - BusinessToday
Also Read: Ether rallies as Ethereum’s shadow fork 9 goes live - BusinessToday
Revuto, a Web3 platform announced this week that they would let people subscribe to Spotify and Netflix via NFTs.
In layman's terms, Non-Fungible Tokens or NFTs are unique and non-interchangeable units of data stored on the blockchain, which is a type of digital ledger. The owner of the NFT gets a proof of ownership certificate from the digital ledger. NFTs are usually associated with non-physical art but in reality, they have applications in fields like ticketing, supply chain management, citizen identity, domain names, and others.
Also Read: Top 13 types of NFTs: Here's the complete list - BusinessToday
Also Read: Ether rallies as Ethereum’s shadow fork 9 goes live - BusinessToday