Blockchain

Polygon (MATIC) cooperates with Starbucks

Polygon (MATIC), the Layer 2 solution for Ethereum, is cooperating with the Starbucks coffee house chain, giving a wide range of users the opportunity to playfully take their first steps into Web3. The resulting loyalty program, Odyssey, is slated to launch in 2022.

Polygon (MATIC) operates Starbucks Odyssey

The US coffee house chain Starbucks announced in the spring that it wanted to enter the NFT business. Now there is concrete information about this plan. A loyalty program is introduced under the name Starbucks Odyssey.

Chain customers can earn NFTs through mini-games and activities . In addition, there should be the option to buy them specifically for money. Employees of the chain also have the opportunity to participate.

It is not yet known exactly when the project will open its doors. However, in a press release , Polygon states that the release will take place later this year.

Polygon (MATIC) is a layer 2 solution for the most well-known smart contract platform Ethereum (ETH). Thanks to Polygon, expensive and sluggish transactions on the ETH mainnet can be avoided.

In addition to higher speed and lower costs, Polygon’s energy consumption is also significantly lower than that of Ethereum – at least until the merge soon . This element is particularly important for institutions so that they do not become the focus of a climate debate.

What does the Starbucks loyalty program offer?

Starbucks aims to provide exciting content and events for its customers. The Web3 is considered suitable for this. So you plan the provision of digital content that came about through cooperation with well-known personalities.

In addition, Starbucks Odyssey users will have the chance to participate in exclusive events. That’s why the Odyssey is called a unique loyalty program.

However, it will still take some time before that happens. Until then, users can join a waiting list.

Polygon is enjoying increasing use by well-known companies. Most recently, Mercedes-Benz launched the Acentrik data platform for Southeast Asian users. Adobe, Stripe and Dolce Gabbana are already using the blockchain .

MATIC currently ranks twelfth among the largest cryptocurrencies by market capitalization .

admin

Recent Posts

The Next Leap: 5 Bold DeFi Predictions for the Next 12 Months

The decentralized finance (DeFi) landscape is perpetually defined by cycles of innovation, consolidation, and explosive…

12 hours ago

Nasdaq on the Blockchain: SharpLink Tokenizes SBET Shares on Ethereum

The convergence of traditional finance (TradFi) and decentralized finance (DeFi) has long been the industry’s…

2 days ago

Navigating the DeFi Landscape: A Guide to Using Decentralized Platforms Safely

Decentralized Finance (DeFi) has revolutionized the financial world by offering a suite of open, permissionless,…

4 days ago

Ethereum Roadmap 2025: Scaling, Sustainability, and a Secure Future

The year 2025 marks a pivotal chapter in the evolution of Ethereum. Following a multi-year…

4 days ago

ConsenSys Confirms a MetaMask Token is Coming: A New Era of Decentralization

For years, the crypto community has speculated about a native token for MetaMask, the world's…

6 days ago

The Next Frontier for Digital Payments: PayPal stablecoin Expands to Tron and Stellar

The global financial landscape is undergoing a profound transformation, with blockchain technology at the forefront…

1 week ago

This website uses cookies.