• Starbucks Odyssey, the coffee company’s Web3 loyalty program, today released its first limited edition non-fungible tokens (NFTs).
• Members of the program were able to buy two stamps each starting at 12 p.m. ET and could pay by credit card or by connecting their MetaMask wallet.
• Despite some issues with the site being overwhelmed by traffic, the collection sold out in 18 minutes and secondary sales quickly soared, with the floor price for a Siren Stamp already passing $550.

Starbucks Odyssey Releases ‘The Siren Collection’

Starbucks Odyssey, the coffee company’s Web3 loyalty program, recently released its first limited edition non-fungible tokens (NFTs), titled “Stamps,” from an edition of 2,000 featuring its iconic siren.

Available For Purchase

Members of Starbucks Odyssey were able to purchase up to two “Stamps” starting at 12 p.m ET on March 9th 2021 and could pay by credit card or by connecting their MetaMask wallet.

Launch Issues

Unfortunately, the launch was not without issues as many members experienced problems accessing the site and error messages due to overwhelming traffic.

Sold Out Quickly

Despite these issues, within 18 minutes all Stamps had sold out and secondary sales quickly soared with the floor price for a Siren Stamp already passing $550 USD.

Conclusion

The release of this NFT was successful despite some technical issues encountered during launch due to heavy demand for these unique digital assets which are now trading significantly above initial sale prices.