CDS Crypto News Starbucks Will Launch New NFT Based On Polygon
Crypto News

Starbucks Will Launch New NFT Based On Polygon

582
Starbucks Will Launch New NFT Based On Polygon

After selling out its first premium NFT sale in just minutes last month, coffee giant Starbucks is set to launch a second polygon-based collection.

Starbucks Will Launch New NFT Based On Polygon

Starbucks Will Launch New NFT Based On Polygon

The brand will introduce its first store collection on April 19, a set of 5,000 NFT “stamp” collections produced on the Polygon Ethereum scaling network. The NFТs are being sold for $100 each, which is the same as the previous reduced price, which includes only 2,000 NFТs.

Each all-new NFТ is called a “multimedia collage of photos, in-store textures, and featured icons” inspired by the company’s original location at Seattle’s Pike Place Market. Additionally, customers who purchase NFТ will receive 1,500 bonus points from the Starbuсks Odyssey app. On Wednesday, those with two Starbuсks NFТ stamps will first get access to the sale.

Last December, the Starbuсks Odyssey campaign was tested to provide consumers with a variety of actions to help them earn “Journey Marks” – an NFТ built on Polygon. Starbuсks Odyssey will roll out a series of benefits to beta users on April 24, which will offer benefits based on the number of points each user earns. Basic rewards include a virtual coffee making class or a donation to Feeding America to deliver meals to those in need.

Starbucks Will Launch New NFT Based On Polygon

According to the company, the launch of the Siren Collection, Starbucks’ first premium stamp, in March led to a rapid sell-out, with all 2,000 NFТs collected in less than 18 minutes. Siren NFТ, originally offered at $100 each, now starts at $500 each on the secondary market. To date, Starbucks NFТs have generated over $1 million in trading volume.

Source

news.coincu.com

Check out more of our latest news here

Crypto Data Space
Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

Leave a comment

Leave a Reply

Related Articles

Bitcoin Options Market Turns Cautious: Higher Demand for Puts Than Calls Before Election

Bitcoin Options Market Turns Cautious: Higher Demand for Puts Than Calls Before...

What is Fenerbahçe Token? Meaning and Advantages for Fans

Fenerbahçe Token is a digital asset launched by the Fenerbahçe Sports Club,...

Polkadot News – Polkadot vs. CYBRO: Which Crypto Will Lead the Market in 2024?

CYBRO, with its AI-powered DeFi solutions and 1200% growth potential, is positioning...

2024 US Election Creates Uncertainty, Bitcoin ETFs Face Major Outflows

US Bitcoin ETFs saw a significant $541 million in outflows on November...