Starbucks is set to unveil its NFT-based rewards system next month at Investors Day on Sep. 13 according to a recent article on TechCrunch.
While details remain sparse on what exactly the NFT will do, interim CEO Howard Schultz said "we have been working on a very exciting new digital initiative that builds on our existing industry-leading digital platform in innovative new ways all centered around coffee and most importantly, loyalty."
Potentially hinting at users earning NFTs through purchasing Starbucks.
Starbucks is the latest big brand to announce that it will be further testing the waters of Web 3 and NFTs as just earlier this week Gucci broke the news that it will begin accepting ApeCoin ($APE) at US locations and Tiffany & Co announced it would be releasing CryptoPunk pendants.
Cameron Ciletti is an NFT Analyst for Lucky Trader with over four years of writing experience ranging from fantasy sports to NFTs.
Cameron is very keen on CC0 NFTs as he believes free usage rights aligns with the values of what Web 3 is trying to accomplish.
Cameron is also a big advocate for mental health awareness as he has Bipolar disorder and wants others to know they are not alone in their struggles with mental health.
Outside of NFTs, he enjoys playing the board game Catan competitively and the video game Rocket League.
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.