The coffee giant Starbucks (NASDAQ:SBUX) brewed up a deal with Polygon (MATIC) for their upcoming Starbucks Odyssey NFT platform. The NFT on Polygon network will feature NFT stamps that will “unlock immersive coffee experiences”.
Introducing Starbucks Odyssey, a new experience that will offer the ability to earn & buy digital collectibles (NFTs) that will unlock access to new coffee experiences. Join the waitlist to be among the first to explore Odyssey. https://t.co/Kze11sab1DA Web3 Community for Coffee & NFT Enthusiasts— Starbucks News (@StarbucksNews) September 12, 2022
The Starbucks Odyssey NFT aims to provide a ‘Third Place’ vibe, like a cosy stop between work and home or vice versa. For this, multiple coffee-related NFT collectibles will be released. As Brady Brewer, the Executive Vice President and CMO puts it: “Our vision is to create a place where our digital community can come together over coffee, engage in immersive experiences, and celebrate the heritage and future of Starbucks.
However, the launch of Starbucks Odyssey hasn’t happened yet, but Polygon (MATIC) reassured that anyone can join the waitlist from September 12th, 2022. When Ryan Butz, the VP of Loyalty at Starbucks was asked why the coffee titan chose Polygon (MATIC), the answer was a piece of cake: “We took a very thoughtful and thorough approach when evaluating which blockchain to utilize and Polygon’s fast, low-cost, and carbon-neutral network is the perfect foundation for our first digital community”.
Guess (NYSE:GES) what’s brewing today? @Starbucks unveils Starbucks Odyssey #onPolygon! A unique experience that enables you to earn and buy digital collectible stamps and unlock new, coveted coffee experiences. Read more https://t.co/U8nKjUb8sY pic.twitter.com/nvJ37y9s0a— Polygon - MATIC (@0xPolygon) September 12, 2022
Polygon (MATIC) has been making moves this year. Firstly, the company got nominated by the Disney Accelerator program. Subsequently, the crypto firm teamed up with Coca-Cola (NYSE:KO) for a Pride NFT collection in April. Soon after, Polygon (MATIC) struck a deal with Travala crypto booking website.
Over and above that, the blockchain’s native coin Polygon (MATIC) got listed by Robinhood (NASDAQ:HOOD), the most popular retail trading app in the United States. Now, Polygon (MATIC) is getting ready to go green and therefore presents the Green Blockchain Summit Part II. The event will take place on September 29th, 2022. At the moment, the invitation is open to anyone for free.
Bigger. Better. Greener. The stage is set for Green Blockchain Summit Part II. RSVP https://t.co/pSRaAvL32q pic.twitter.com/V1mGtpnBcMPolygon (MATIC) Is Again Under $1 As the Bears Come Back— Polygon - MATIC (@0xPolygon) September 12, 2022
Polygon (MATIC) broke an important descending resistance line at $1. However, the next resistance line is at $1.30, but the market price of Polygon (MATIC) has fallen to $0.871110 at the time of this publication.
At press time, Polygon (MATIC) trades at $0.870595 due to a 5.8% hourly deficit, according to CoinGecko. Besides, the #14 cryptocurrency by market cap has a bearish tendency on RSI, which has been moving above and below 50.
On the Flipside
- Despite success in fruitful partnerships, Polygon (MATIC) is down by 34.8% in yearly terms.
Why You Should Care
Starbucks is the largest coffee chain in the world with 33,833 stores in 80 countries, 15,444 of which are in the United States. The partnership with Polygon (MATIC) can boost the public adoption of blockchain to unseen levels.
Read more successful crypto adoption stories around the globe:
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Binance CEO Changpeng Zhao Signs First Blockchain MoU with South Korea to Push Adoption