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HomeBusinessWhy is Spotify Looking for WEB 3 Developers?

Why is Spotify Looking for WEB 3 Developers?

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The WEB 3 movement advocates for redesigning the internet so that major online services can be shifted to decentralized technologies like blockchain.

The buzz surrounding WEB 3  has drawn some of the world’s brightest minds in technology.

Music streaming app Spotify is on the lookout for WEB 3 talent and is looking to add Web3-centric candidates to its workforce. The streaming giant has advertised two job openings with a focus on Web3 efforts, joining a growing list of corporations wanting to hire in the nascent industry, including Disney and Nike.

The company advertised a senior backend engineer position on LinkedIn, saying the person would enable cooperation with product, insights, and design to find the next growth opportunity leveraging new technologies, such as WEB 3. The engineer will work with Spotify’s freemium division’s experimental growth “Edison team.”

Web3 is a catch-all phrase for the future generation of the internet, which includes NFTs, cryptocurrencies, the metaverse, and decentralized (i.e., not controlled by a single company or person) tools. Despite the term’s broad definition, some organizations have included it in their job postings in recent months.

It is unclear what Spotify’s plans for WEB 3 are, but it joins a slew of other major businesses that have recently adopted the nascent technology into their operations. YouTube, Facebook parent company Meta, and Microsoft have all used the phrase WEB 3 in their job advertisements or discussed it.

In the last week, YouTube has advertised at least three Web3-related positions on LinkedIn, including a director of product management who will create, develop, and execute the vision, strategy, and road map for Web3 at YouTube.

Fashion and apparel companies, in addition to large IT corporations, have increased their quest for employees with experience in the metaverse and Web3 technologies, as they increasingly pursue the opportunity to create digital versions of their products. Shoe and clothing mammoth Nike has entered the talent hunt as well. On LinkedIn, the corporation had at least 11 job advertisements that featured the terms “Web3” or “metaverse” as of Thursday.

Now that Spotify has joined the long line of mainstream internet titans on the Web3 bandwagon, analysts are also speculating on its footprint for crypto technology.

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