Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps

On September 12, the multinational concatenation of coffeehouses, Starbucks, announced the steadfast has partnered with the blockchain task Polygon and unveiled the company’s Web3 exertion called Starbucks Odyssey. The Web3 level Starbucks Odyssey volition supply Starbucks rewards members and the company’s U.S. employees with the accidental to gain non-fungible token (NFT) assets.

Coffeehouse Company Announces Web3 Platform Starbucks Odyssey

Starbucks has immersed its feet into blockchain, Web3, and NFT exertion by revealing a caller Web3 exertion powered by Polygon. “[The] caller Starbucks Odyssey acquisition volition connection members the quality to gain and bargain integer collectible stamps (NFTs) that volition unlock entree to new, immersive java experiences,” the company’s firm stories and quality leafage notes. “As 1 of the archetypal companies to integrate NFTs with an industry-leading loyalty programme astatine scale, Starbucks volition make an accessible Web3 assemblage that volition alteration caller ways to prosecute with members and partners (employees).”

Polygon besides confirmed the concern connected Twitter and successful a blog post called “Starbucks Taps Polygon for Its ‘Starbucks Odyssey’ Web3 Experience.” In the blog announcement, Polygon states:

This one-of-a-kind loyalty programme acquisition is powered by the debased fees and precocious transaction speeds connected the Polygon PoS network.

Starbucks Odyssey Experience to Launch ‘Later This Year’

Starting today, Starbucks customers and employees tin join the waitlist successful bid to get an exclusive invitation to the Starbucks Odyssey experience. The institution says the level volition beryllium launching unrecorded “later this year.” Ryan Butz, the vice president of loyalty, strategy and selling for Starbucks says the exertion is good positioned with the company’s sustainability goals.

“Building Starbucks Odyssey utilizing exertion that aligns with our sustainability aspirations and commitments is simply a apical priority,” Butz noted successful a connection connected Monday. We took a precise thoughtful and thorough attack erstwhile evaluating which blockchain to utilize and Polygon’s fast, low-cost, and carbon-neutral web is the cleanable instauration for our archetypal integer community,” the vice president of loyalty rewards mentioned.

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