Starbucks to Release 5,000 NFTs Under Odyssey Web3 Rewards Program April 18, 2023 April 18, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsApril 18, 2023 by Kelly Cromley

Starbucks to Release 5,000 NFTs Under Odyssey Web3 Rewards Program

As part of its Odyssey Web3 rewards program, Starbucks is about to release a new batch of non-fungible tokens (NFTs). The First Store Collection, which has 5,000 NFTs that each cost $100, will be released for the first time on April 19. The selection is a collection of pictures, textures from the store, and important symbols that were inspired by the first store of the chain, which was in Seattle’s Pike Place Market.

Starbucks’s past NFT releases, the Holiday Cheer Edition 1 and the Siren Collection were both popular and the First Store Collection is the next one to come out. Customers can buy a piece of the business’s history in the form of one-of-a-kind digital keepsakes that feature the well-known Starbucks name.

Through the Odyssey Web3 rewards program, Starbucks users will be able to get a wide range of prizes that use NFTs and blockchain technology. Users can earn points by watching videos and buying drinks from Starbucks. One of the rewards is an online lesson on how to make coffee, and another is a gift to the charity Feeding America. Customers can also name a tree on Starbucks’ coffee farm in Costa Rica or get a custom Starbucks mug with their NFT art on it.

Starbucks has been testing its Odyssey platform. This platform uses blockchain technology to give users a more interesting and satisfying experience. The private testing part of the site is over, and it will soon be open to the public. By adding blockchain technology to its rewards program, Starbucks is making the customer experience better and making it easier for blockchain technology to be used by many people.

Because Starbucks’s past NFT drops were so popular, it is likely that the First Store Collection NFT drop will sell out quickly. When someone buys an NFT, they will get 1,500 reward points added to their app account. This is a great deal for people who like both coffee and NFTs. By getting the First Store Collection NFT, you can get a piece of Starbucks’s past.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.