NFT
Starbucks Odyssey, the espresso firm’s Web3 loyalty program, immediately launched its first restricted version non-fungible tokens (NFT), which it calls “Stamps.” This system, nonetheless in invitation-only beta, permits members to finish actions corresponding to quizzes and in-store buy to earn Stamps, which might be collected or resold on Nifty Gateway.
The two,000-item “Siren Assortment” includes a model of the corporate’s iconic Siren, with the stamps priced at $100. Members of Starbucks Odyssey have been in a position to purchase two stamps every beginning at 12 p.m. ET, and will pay by bank card or by connecting their MetaMask pockets.
Upon launch, members of the Starbucks Odyssey Discord group complained of issues accessing the positioning and error messages, with the positioning seemingly overwhelmed by visitors.
Regardless of the problems, the gathering bought out in 18 minutes.
NFT Stamps that members have unlocked from finishing Journeys are already out there within the Nifty Gateway secondary market, with the ground value “Vacation Cheer Version 1 Stamp” hitting $1,398, with $170,636 in buying and selling quantity, as of writing.
Starbucks launched its Odyssey program on the Polygon blockchain and goals to make the expertise pleasant for noncrypto natives, emphasizing the flexibility to buy Stamps with solely a bank card. Andy Sack, co-founder and co-CEO of Forum3, which partnered with Starbucks on launching this system, advised CoinDesk that Odyssey is a “next-generation loyalty platform” aimed toward constructing a model relationship between clients and Starbucks.
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