Starbucks’ Holiday Cheer Edition 1 Stamp NFT Sells for $1000 in Odyssey Market

04/19/2023 10:03 • Tech Ticker • 143 views

According to reports, Starbucks’ Holiday Cheer Edition 1 Stamp has reached a selling price of $1000 in the Odyssey NFT market. It is reported that the series has only issued 5000 units, and data shows that 210 units have been sold in the secondary market since its launch four months ago. It should be clarified that Starbucks does not sell these NFTs, and owners can trade with each other in the Odyssey NFT market. The relevant selling price is only the “exchange” price of these NFTs in the secondary market. Previously, it was reported that Starbucks will launch the “First Store Collection” NFT series based on Polygon on April 20th. （The Block）

Starbucks Holiday Cheer Edition 1 Stamp has sold for $1000 in the Odyssey NFT market

Starbucks, the famous coffeehouse chain, has made its way into the world of digital collectibles with its Holiday Cheer Edition 1 Stamp NFT. According to recent reports, this rare collectible has reached a selling price of $1000 in the Odyssey NFT market. This article aims to delve deeper into the Starbucks NFT phenomenon, exploring the hype behind it and shedding light on the details surrounding the Holiday Cheer Edition 1 Stamp NFT.

What is an NFT?

Before we dive into the details of the Starbucks NFT, it’s essential to understand what NFTs are. NFT stands for “Non-Fungible Token,” which refers to digital assets that are unique and cannot be replaced. Unlike cryptocurrencies, which are fungible, meaning they can be exchanged for another unit of the same value, NFTs are one-of-a-kind and can vary in value. These digital assets can represent anything, from art to music to tweets, and can be bought and sold on various NFT marketplaces.

The Starbucks NFT Hype

The world was taken by storm when Starbucks announced the launch of its NFT series. The coffee giant’s foray into the world of digital collectibles was a first, and fans of the brand were eager to add the Starbucks NFTs to their collections. The Starbucks NFT series is particularly interesting as the Holiday Cheer Edition 1 Stamp NFT is backed by a physical version of the stamp, which was released in 2016.

The Selling Price of the Holiday Cheer Edition 1 Stamp NFT

According to reports, the Starbucks Holiday Cheer Edition 1 Stamp NFT has reached a selling price of $1000 in the Odyssey NFT market. Although the series has only issued 5000 units, data shows that 210 units have been sold in the secondary market since its launch four months ago. It should be clarified that Starbucks does not sell these NFTs, and owners can trade with each other in the Odyssey NFT market. The relevant selling price is only the “exchange” price of these NFTs in the secondary market.

The First Store Collection NFT Series

In addition to the Holiday Cheer Edition 1 Stamp NFT, Starbucks has also announced the launch of the “First Store Collection” NFT series based on Polygon. This new series is expected to launch on April 20th and is sure to generate significant buzz from both digital collectors and coffee enthusiasts. The First Store Collection NFT series will feature the original Starbucks store in Seattle, which opened in 1971.

Conclusion

In conclusion, the Starbucks NFT series has taken the digital collectibles world by storm, with the Holiday Cheer Edition 1 Stamp NFT reaching a selling price of $1000 in the Odyssey NFT market. Although the series has only issued 5000 units, Starbucks fans and NFT collectors are eager to get their hands on these digital assets. As Starbucks continues to expand its NFT offerings, it will be interesting to see where the coffee giant will go next.

FAQs

1. What is a Starbucks NFT?
A Starbucks NFT is a digital collectible that represents a unique asset backed by the brand. The first Starbucks NFT released was the Holiday Cheer Edition 1 Stamp NFT.
2. How much does the Holiday Cheer Edition 1 Stamp NFT Cost?
The Holiday Cheer Edition 1 Stamp NFT has reached a selling price of $1000 in the Odyssey NFT market.
3. Where can I buy Starbucks NFTs?
Starbucks does not sell its NFTs directly. Instead, owners can trade them in the Odyssey NFT market or other NFT marketplaces.

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