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The world’s largest coffee chain has entered the Web3 domain, making it one of the largest, if not the largest, companies to do so. Starbucks launches its own Starbucks Odyssey (beta)ribbed On the eighth of December.
This was announced as a collaboration between Starbucks and Polygon September. Starbucks Odyssey will enable its members to embark on exciting journeys. Members get NFTs for their achievements.
The new Starbucks loyalty-based rewards program
Starbucks Odyssey is an extension of Starbucks Rewards, an initiative to reward consumers and make them more loyal to their brand. With over 50 million registered users, the rewards program has become a huge success all over the world. Its rewards platform also provides loyal customers who are ready to test out their new innovations, one of which is Starbucks Odyssey.
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However, the platform is still in its beta phase and has a small number of members, including customers and employees as well as its partners (those who signed up for the beta).
How does Starbucks Odyssey work?
Starbucks Odyssey provides its members with activities and games (called trips) that they have to complete in order to win rewards in the form of trip stamps (NFTs minted on the Polygon blockchain). Starbucks says the trip will enable its members to learn more about coffee and the history of Starbucks, among many other things.
Trips
Journeys refer to tasks and experiences that a member has to complete in order to earn Journey Stamps. They vary from taking a virtual tour of Starbucks’ coffee estate, Hacienda Alsacia, in Costa Rica, to playing multiple quiz games on what customers love most about Starbucks.
A new journey is unlocked after completing the previous one. Through these journeys, the coffee brand will try to give its members an unrivaled experience and cause them to use the platform more.
trip stamps
Trip stamps are tokens that members receive after completing their trips. The trip stamp is a polygon NFT Players can sell it. This will add to the incentive to use the platform.
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Trip stamps can also be purchased on the platform. Members can purchase directly with their credit cards (no crypto wallet needed).
Benefits and experiences
Players can unlock unique perks and experiences by using their Journey Stamps. Some of these benefits include exclusive cooking lessons (how to make an espresso martini) and also the chance to win exclusive items not available in the market.
As players progress on their journeys, they will be able to unlock better perks.
Starbucks Odyssey Membership
Starbucks Odyssey is still in beta and therefore only has a limited number of members. Membership will gradually increase by inviting more members to register. According to the company, they will be sending out new invites every month starting in January 2023.
Powered by Polygon Blockchain
Starbucks’ new initiative runs on the Polygon Blockchain. Polygon is known for hosting Web 3 game projects that need more and faster processing speed (which other blockchains love).bitcoin And theEthereum fail to display).
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Polygon works on MATIC codes. The token saw its value skyrocket after Polygon Network teamed up with the world’s largest coffee chain. matic It appears to be hovering above the $0.90 mark so far.
conclusion
Starbucks Odyssey is an innovative way to interact with customers. It will help the company meet the social needs of its customers as well as the employees by enabling them to interact with people who love coffee as much as they do. Users will have to first register for Starbucks Rewards in order to receive invitations and access Odyssey’s facilities. This is guaranteed to be a boost for both – the coffee brand and the crypto companies involved alike.
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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.
Bancor Prediction Statistics Data:
Bancor price now – $0.34
Bancor’s market capitalization is $55.8 million
The circulating supply of Bancor – 162.5 million
The total supply of Bancor – 162.5 million
Bancor Coinmarketcap Ranking – #287
BNT/USD market
Key levels:
Resistance levels: $300, $310, $320
Support levels: $130, $120, $110
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BNTUSD – daily chart
BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.
Bancor Price Prediction: Bancor is preparing for an upward movement
According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.
However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.
Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.
BNTBTC – Daily Chart
However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.
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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.
dYdX prediction stats data:
DYDX price now – $1.10
DYDX market capitalization – $72.7 million
Circulating supply of DYDX – 65.5 million
Total supply of DYDX – 1 billion
DYDX Coinmarketcap Rank – #198
DYDX/USD Market
Key levels:
Resistance levels: $2.00, $2.20, $2.40
Support levels: $0.50, $0.30, $0.10
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DYDXUSD – daily chart
DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.
dYdX Price Prediction: DYDX is ready for an uptrend
the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.
Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).
Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.
DYDXBTC – Daily Chart
Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.
But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.
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Active pre-sale is live now – dash2trade.com
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