Starbucks Set To Unveil NFTs Next Month

Starbucks Set To Unveil NFTs Next Month

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

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