Starbucks Serves Up Its First Premium NFTs at $100 a Pop
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Starbucks Odyssey is still in closed beta but early adopters are already flipping the NFT stamps for nearly $2,000 apiece.
The test of the experiential program combines customer loyalty rewards with NFT collecting and other gamified elements.
What corporate Web3 initiatives can learn from the announcement of Starbucks Odyssey.
Starbucks and Polygon have announced a partnership. MATIC has broken out from a descending resistance line.
Starbucks will work with the Ethereum second layer solution Polygon on their non-fungible token (NFT) loyalty program, called “Odyssey”.
The multinational coffeehouse chain has unveiled Starbucks Odyssey, allowing customers to purchase digital collectible stamps in NFT form that offer benefits and immersive experiences
"This will create a whole new set of digital network effects to attract new customers and grow existing customers in our core retail stores," Starbucks interim CEO Howard Schultz said.
“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz.
Starbucks announced plans to get into the NFT business, then fired a union leader the same day.