How Spotify could launch its own Loyalty Token or utilize compressed NFTs for music. Introduction The current state of the music streaming industry showcases Spotify's dominance alongside challenges it faces and its impact on the music ecosystem:Spotify's Dominance: Spotify holds a significant market share in the music streaming industry, with a 30.5% share. It has attracted millions of users with its vast library of songs, personalized playlists, and curated content]. Despite its m...