Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources

Date:

Share post:



Polygon Labs Paid $4M to Host Starbucks' Failed Foray Into Crypto: Sources

Polygon Labs paid $4 million to the coffee giant in 2022 as part of their deal to build and host a blockchain-based loyalty program, Starbucks Odyssey, on the Polygon network, according to two people familiar with the matter. The payout ended a competitive hunt by proponents of at least three blockchain ecosystems who wanted to partner with Starbucks, a third person said.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Bitcoin recovers to $67,400 after dipping below $65,200 as Houthis enter Iran war

The war just got bigger. Bitcoin briefly got smaller.Bitcoin dipped to $65,112 early Monday morning, its lowest...

Walmart’s OnePay Adds a Dozen New Cryptos to Nascent Superapp Offering

OnePay, which is majority-owned by Walmart, has added more than a dozen crypto tokens to its offerings...

Four Seasons The Nam Hai, Vietnam, hotel review

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The...

The Market’s Compass Crypto Sweet Sixteen Study

Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #235. The Study tracks...
Verified by ExactMetrics