Starbucks Gave Away Polygon NFTs For Free — Now They’re Going For Over $2,000 A Piece
Starbucks Odyssey NFT-driven rewards program built on Polygon (CRYPTO: MATIC), which is still in closed-beta, is being sold for high prices on the secondary marketplace.
What Happened: Since the launch of Starbucks Odyssey in December, its NFTs crossed over 360 in sales across Nifty Gateway, an NFT marketplace and $143,000 in total volume traded.
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The “Holiday Cheer Edition 1 Stamp” Polygon NFT is being sold for $2,000 a piece. This one single NFT drop is responsible for 80% of Starbucks’ total NFT volume traded on the marketplace.
The ‘Holiday Cheer Edition 1 Stamp’ was a limited edition item with only 5,000 editions ever released. It was originally given away free to Starbucks Odyssey members who completed challenges and purchased a gift card as a holiday gift.
Price Action: At the time of writing, MATIC was trading at $1.44, up 4.93% in the last 24 hours, according to Benzinga Pro data.