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

Where to Stay in Split Without Getting Stuck Above a Bar

Split is small enough to cross on foot, but...

Designing A (Scalable) Advisory Firm PTO Policy

× Please contact your Firm's Group AdminIAR CE is only available if your organization...

NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump

NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that...

Chun Wang Joins SpaceX Lunar and Mars Missions

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, has joined SpaceX’s first...