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Starbucks partners with Polygon to make new ‘immersive’ rewards via NFTs

3 years ago
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Starbucks has introduced that will probably be making its method into NFTs, because it companions up with Polygon to create its new blockchain-based loyalty program dubbed ‘Starbucks Odyssey’.

In keeping with the corporate’s press launch, Starbucks has said that, via internet 3 expertise, Odyssey will allow rewards members to entry new experiences and possession that wasn’t beforehand doable. 

Whereas all these member advantages haven’t been fleshed out in the meanwhile, the corporate has talked about how these may encompass digital lessons, entry to distinctive merchandise/artist collaborative merch, and even hosted occasions and journeys.

What has been defined in additional element because it’s selection of blockchain. Inside the press launch, Starbucks Odyssey revealed that the selection of Polygon Blockchain was predominantly right down to its low transaction charges, scalability, and use of the Proof-Of-Stake consensus.

About Starbucks Odyssey

With a give attention to a strong person expertise, odyssey goals to permit members to log in and take part in its ‘journeys’, that are a group of actions, interactive video games and quizzes, all with a purpose to earn distinctive NFTs, dubbed ‘Journey Stamps’.

In flip, these Journey Stamps may also unlock new advantages for the person. They may also be purchased at a hard and fast worth for different, larger advantages throughout the platform.

Whereas being NFTs, Odyssey has sidestepped the usage of a local NFT pockets, which means any person can purchase and maintain them with none exterior pockets.

Outdoors observers could consider this as being fairly the curveball from the corporate. However, in actuality, Starbucks has been engaged on this for a while. A report for Q2 talked about that the adoption of internet 3 expertise was a future path for the corporate.

These taken with being a part of this rewards platform can be a part of the waitlist to enroll and get onto it for when it launches in 2023.



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Tags: ImmersiveNFTspartnersPolygonRewardsStarbucks
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