Starbucks has introduced that will probably be making its approach into NFTs, because it companions up with Polygon to create its new blockchain-based loyalty program dubbed ‘Starbucks Odyssey’.
In line with the corporate’s press launch, Starbucks has said that, by net 3 expertise, Odyssey will allow rewards members to entry new experiences and possession that wasn’t beforehand attainable.
Whereas all these member advantages haven’t been fleshed out for the time being, 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 alternative of blockchain. Inside the press launch, Starbucks Odyssey revealed that the selection of Polygon Blockchain was predominantly all the way 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 set of actions, interactive video games and quizzes, all in an effort to earn distinctive NFTs, dubbed ‘Journey Stamps’.
In flip, these Journey Stamps may even unlock new advantages for the person. They may also be purchased at a hard and fast value for different, increased advantages inside the platform.
Whereas being NFTs, Odyssey has sidestepped the usage of a local NFT pockets, that means any person should purchase and maintain them with none exterior pockets.
Exterior 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 net 3 expertise was a future route for the corporate.
These concerned 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.