Starbucks set to release its latest NFT collection
April 19, 2023
Starbucks is all set to unveil “The Starbucks First Store Collection,” its newest NFT collection on the Polygon network.
This collection is being released as a tribute to the company’s inaugural store at Seattle’s iconic Pike Place Market, established in 1971.
Five thousand The First Store Collection Stamps” will be available for purchase, each priced at $100.
Though the general sale begins at noon PDT, collectors owning two or more distinct “Journey Stamps” from Starbucks’ previous NFT venture will have early access to the First Store collection at 9 a.m. PDT.
The sale has a limit of one stamp per person for all collectors.
This announcement came out soon after Nike’s recent entry into the crypto space with its first “digital-creation collection” on the .Swoosh blockchain platform.
One thing that’s worth noting is that like many other new brands, Starbucks is opting to use words like ‘stamps’, or ‘collection’, instead of NFT.