Starbucks Expands Web3 Rewards Program with June NFT Airdrop
By James Pebenito • May 29, 2023
Starbucks Expands Web3 Rewards Program with June NFT Airdrop
The well-known coffee shop giant Starbucks is prepared to airdrop NFTs to participants in its Odyssey rewards program as part of its foray into Web3. This action is a part of the company’s attempts to improve the Starbucks Odyssey Web3 rewards beta program, which is currently accessible to a small group of people. Eligible participants will get exclusive “limited-edition stamps” from the airdrop in exchange for fulfilling certain requirements.
Criteria for Eligibility
Participants must meet specific criteria given by Starbucks in order to be eligible for the NFT airdrop. First off, only citizens of the United States are eligible for the airdrop. Second, participants must be current Starbucks Rewards members who are signed up for the company’s waitlisted Web3 rewards program, Starbucks Odyssey. Only a small number of people have had access to the Odyssey program when it first went into beta testing in September 2022.
Journey Completion and Possession of Limited-Edition NFT Stamps
Odyssey members must have finished two “journeys” inside the program in order to be eligible for the NFT airdrop. In order to engage users and provide rewards points contained in limited-edition NFT stamps, Journeys are one-of-a-kind challenges. As digital collectibles connected to certain successes or experiences inside the Starbucks environment, these stamps are used. According to a former Starbucks executive, examples of journeys could include stopping by various Starbucks locations or experimenting with new drinks.
Starbucks wants to provide its devoted customer base an improved Web3 rewards experience, so it has included NFT airdrops as part of the Odyssey program. Members have a distinctive and engaging method to interact with the business while earning incentives thanks to the limited-edition NFT stamps. This effort shows Starbucks’ dedication to investigating cutting-edge technologies and platforms in addition to embracing the rising popularity of NFTs.
Starbucks plans to increase the number of eligible members in its Web3 rewards program, Starbucks Odyssey, by airdropping NFTs. Participants can acquire limited-edition NFT stamps by fulfilling requirements and completing adventures inside the program. These digital artifacts encourage greater brand involvement and improve the entire rewards experience. The June airdrop represents a significant advancement in Starbucks’ efforts to offer cutting-edge and engaging rewards to their devoted consumers as they continue to investigate the potential of Web3 and NFTs.