Starbucks is delighted to make their announcement regarding Starbucks Coffee Company joining up with Polygon, who will be playing a major role in contributing towards the creation of the blockchain technology, which is going to be instrumental in the building of the Web3-based Starbucks Odyssey, the announcement for which was made a while back.
With this newly formed partnership in place and as a resultant factor, the fresh and updated Web3-based exposure will hugely benefit in the form of total assistance to the Starbucks Rewards loyalty program, enabling and empowering not only its members but also the partners of Starbucks, which comprises of the bulk of its employees in the United States of America, to buy and transform into earnings, digital collective stamps, which will be akin to non-fungible tokens (NFT).
This will undoubtedly be a unique loyalty program on all fronts, with the much-added benefit of coming with tremendously speedy transaction periods and the inevitable highly lowered fees. All of this will be made possible because of the usage of the Polygon PoS network.
As far as Starbucks goes, the vision and priority were to effectively use the correct and advanced technology so that there is a complete connection with important matters related to commitments made being fully achieved. Keeping all of that in view, they decided to hone in on Polygon for its reputation for providing a speedy, low-cost, and above all, carbon-neutral network. In the words of Ryan Butz, Vice President of Loyalty, Strategy, and Marketing for Starbucks, the partnership is the correct platform for their first digital community.
As the Co-Founder of Polygon, Sandeep Nailwal, adequately nails it when he mentions and explains the prime motive and criteria for Starbucks and Polygon coming together and joining hands. Both organizations stand steadfast on very similar attitudes and principles, where priorities such as giving and making improvements on issues like sustainability and accessibility, coupled with doing total justice to diversity matters, are considered very close to the heart.
Also to be taken into consideration is the fact that being labeled, and justifiably so, as leaders of infrastructure providers, they should be prepared with the very best, in terms of services and conveniences of all kinds, by effectively combining people and new-age technology, to be able to walk faster and further along the road leading towards the future.