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

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

On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces Web3 Platform Starbucks Odyssey Starbucks has immersed its feet into blockchain, Web3, and NFT technology by revealing a new Web3 application powered by Polygon. “[The]....


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Starbucks announces new NFT experience for coffee members

The nonfungible tokens, or NFTs, are minted on a proof-of-stake blockchain built by Polygon. According to a new post on Monday, Starbucks says it will offer its U.S. members the ability to earn and buy digital collectible stamps in the form of nonfungible tokens, or NFTs. Dubbed "Starbucks Odyssey," each collectible digital stamp has its ownership verified on the blockchain and will include a point value based on its rarity. As more stamps are collected, members' points will increase, unlocking access to unique experiences. The iconic coffee chain says that rewards range from receiving a....

Why Starbucks Partnered With Polygon For Their NFT Loyalty Program

Starbucks will work with the Ethereum second layer solution Polygon on their non-fungible token (NFT) loyalty program, called “Odyssey”. Announced over 5 months ago, the initiative coincides with the return of the company’s founder Howard Schultz as CEO and with in-house issues. Related Reading: Starbucks To Launch NFT By Late 2022, How This Will Help […]

GameSwift Partners With Polygon To Become A Gaming Ecosystem For Web3 Games

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Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network Launches All-in-One Web3 Media Platform Built on Polygon Non-fungible token (NFT) media has become a big deal and a billion-dollar industry during the last year. However, the space has....

Upcoming Starbucks Digital Currency Is No Threat To Bitcoin And Fold

It is not the first time there is a connection between Starbucks and digital currency, as users of the Fold App have been able to pay their coffee with Bitcoin for quite some time now. But the major brand is trying to take things one step further, as there is a plan to issue Starbucks digital currency. The so-called Starbucks Rewards “stars’ could become the new official digital currency of this brand in the future, which would be linked to a prepaid debit card. Making Use Of The Starbucks Rewards Stars. Similar to most brands and store chains around the world, Starbucks is rewarding loyal....