Starbucks Announces New NFT Utility For Coffee Members

Sep 12, 2022

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Starbucks Announces New NFT Utility For Coffee Members

Originally posted here.
By: Adewumi Victor

Overview

Starbucks

The nonfungible tokens, or NFTs, are created on Polygon’s proof-of-stake blockchain. Starbucks said on Monday that its U.S. members would be able to earn and purchase digital collectible stamps in the form of nonfungible tokens, or NFTs. Each collectible digital stamp, dubbed “Starbucks Odyssey,” will have its ownership validated on the blockchain and will carry a point value depending on its rarity. Members’ points will rise as they collect more stamps, giving them access to exclusive activities.

Starbucks claims the incentives range from a virtual espresso martini-making workshop to access to special event invites at …

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