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Starbucks to End Odyssey Beta NFT Program

The coffee giant cites declining interest in NFTs as a key reason for the closure, with plans to evolve the program.

  • Starbucks has announced the closure of its Odyssey Beta NFT program, set to shut down on March 31.
  • The decision to end the program comes as NFT mints on Ethereum trend to historic lows.
  • Despite the closure, Starbucks' NFTs, known as Stamps, will remain accessible on Nifty Gateway and can be traded on other marketplaces.
  • The company is exploring ways to evolve the program and maintain a community connection for its members.
  • Starbucks' foray into NFTs was part of an effort to expand its Rewards loyalty program using blockchain technology.
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