Will iTunes add NFT albums to its platform by the end of 2021?

One of the things that are made possible with blockchain technology is the creation and commerce of the so-called “non-fungible tokens” (NFT). NFTs are a special kind of limited digital products whose origin and authenticity can be tracked and verified, and that cannot be copied or altered. Although in early 2021 they were still being used mainly for trading visual arts articles (such as digital paintings, videos, collages, etc) and collectibles, there already are music streaming services betting on this technology.

If iTunes starts offering individual music pieces, podcasts, or sets of music pieces (EPs, albums, or playlists) for sale on its streaming platform as NFTs by December 31st of 2021, this market will be resolved as “Yes”. This condition will not be fulfilled if iTunes simply opens up its platform to ads from third-party NFT trading platforms.