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Home»EXCHANGE NEWS»Starbucks Korea uses Polygon NFT to promote sustainable beverages
EXCHANGE NEWS

Starbucks Korea uses Polygon NFT to promote sustainable beverages

By Crypto FlexsDecember 28, 20233 Mins Read
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Starbucks Korea uses Polygon NFT to promote sustainable beverages
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Starbucks Korea is making progress in environmental protection and customer service. The latest follows the brand’s announcement in Korea that it will reward customers who bring reusable containers for their orders. Consumers are encouraged to bring their own cup in exchange for a reward. On X, Twitter, Polygon Labs, and Sandeep Nailwal have all previously confirmed development.

Starbucks Korea has confirmed that customers can earn an eco-stamp every time they use their personal cup. Accumulated Eco Stamps are deposited into the user’s Starbucks application wallet and can be used to purchase NFT (Non-Fungible Token).

NFTs are classified into Basic, Creative, Artist, etc. Every customer can only own one NFT, which is purchased based on the number of stamps accumulated and used. The detailed process will be released in January. The Starbucks application wallet is scheduled to be released next month. The new Tumbler coupon policy supports this.

Kim Beom-soo, head of Starbucks Korea’s marketing department, said he hopes to become a catalyst for positive change and a star for the environment.

The introduction of tumbler coupons comes in line with the growing trend of using personal cups. The number remained the same in 2022 at 25.3 million. The number of customers using personal cups in 2020 was 17.39 million, followed by 21.9 million next year. This year is expected to end with up to 29.6 million.

NFTs have helped artists and other creators maintain their creations. Digital tokens cannot be counterfeited or altered and remain faithful to their owners until sold on the market. Its use is increasing in all fields, including music and art. Starbucks Korea’s integration of Polygon NFTs is a move that could be replicated by other players in the region, and could also be replicated by other players in other countries.

Currently, the Polygon community is optimistic about this. MATIC prediction. This can be seen from the fact that the token is up 31.27% in the last 7 days. It is currently trading at $1.02 and is expected to cross the $1.5 milestone in the coming months.

Polygon Labs is looking forward to two more events.

First, Polygon Labs has scheduled a session on cryptocurrency compliance and regulation for X for December 29, 2023 at 4:00 PM (UTC). Featuring guests such as DappRadar, Aragon Project, and Irina Heaver.

Second, Polygon Labs opened the doors to Polygon Village’s grant program on January 8, 2024. This will allow communities to pursue community grants in relation to distribution through QF.

Starbucks Korea is accepting polygon NFTs. Customers are encouraged to order more personal cups and earn eco-stamps that can be exchanged for NFTs. Starbucks Korea plans to provide detailed information about the changes in January next year.

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