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Polygon Labs paid $4 million to Starbucks to support the Odyssey project.

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#DeFi
吴说
346Words
Mar 20, 2024

Insiders revealed that in 2022, POLYGON LABS paid Starbucks $4 million as part of their agreement to establish and host the blockchain-based loyalty program, STARBUCKS ODYSSEY, on the POLYGON network. This payment put an end to the competition between at least three blockchain ecosystems. Last week, Starbucks announced the termination of its ODYSSEY NFT project. A source familiar with POLYGON LABS stated that the significant deals with companies like Nike and Starbucks were remnants of the previous leadership's strategic initiatives. (COINDESK)

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