Starbucks Coffee Company is now working with Polygon to build their recently announced Starbucks Odyssey. As the companies partner up, a Starbucks Rewards royalty program for Starbucks partners and members will allow them to earn NFT stamps.
Thanks to the Polygon POS network, the royalty program will feature high transaction speeds and low fees on the loyalty program.
The loyalty program starts on September 12 for those who want to join the waitlist and be the first to have access to the Starbucks Odyssey experience – it will launch later this year.
“Building Starbucks Odyssey using technology that aligns with our sustainability aspirations and commitments is a top priority. 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,” said Ryan Butz, VP of Loyalty, Strategy, and marketing for Starbucks.
Starbucks, Polygon, and Sustainability
Starbucks chose Polygon because the blockchain is all set to become carbon negative at the end of the year. The upcoming shift of the Ethereum chain to a Proof-of-Stake consensus process (The Merge) will further reduce Polygon PoS’s carbon footprint by 99.91%.
Polygon is home to many blockchains and NFT projects, including OpenSea and Uniswap V3. The secret to this blockchain’s success is its aim to reduce its carbon footprint and the team’s commitment to sustainability.
“Polygon is a natural choice for Starbucks as both companies place tremendous importance on diversity, accessibility, and sustainability. As a leading infrastructure provider enabling people and technology to collaborate and exchange value globally and freely, Polygon provides the ideal launchpad for Starbucks’ entry into Web3,” said Sandeep Nailwal, Polygon co-founder.