Starbucks launched the first limited edition NFT collection “The Siren Collection” and sold out after listing.
The Web3 program of the famous coffee company Starbucks Odyssey on March 10 launched the first NFT collection called “The Siren Collection”. However, this is still a beta version with a limited number of buyers
The Siren Collection includes 2,000 NFTs of “stamps” bearing the iconic Starbucks mythological character Siren. Accordingly, invitees will participate in activities such as solving puzzles or buying goods at Starbucks to earn stamps, customers can collect these stamps or resell them on the Nifty Gateway floor.
NFT Siren hit the shelves for $100, however, this quickly surpassed the $550 mark because of high demand. It is known that Starbucks Odyssey members can only buy 2 stamps each.
Starbucks odyssey just did their first paid nft sale. 2000 tokens at $100, now trading at $600 each on secondary 50 minutes later. <15minutes to sell out from the current odyssey members only. 2 per member. pic.twitter.com/jvBpmMP5ud
— Greg Norman Jr (@GregJrNorman) March 9, 2023
Also because of the attraction of the NFT collection of the world’s largest coffee brand, right after its launch, many people complained that they had problems accessing the web such as displaying error messages or taking a long time to operate. time.
Despite the problem of overcrowding, The Siren Collection’s NFT sold out in just 18 minutes.
As Kyptos reported, in September 2022, Starbucks Launched Its Odyssey on Polygon to build a loyalty program, or a reward system in the form of NFT After a while of teasing.