Few coffee brands are more famous than the Starbucks brand, and from the look of things, this coffee powerhouse is set to debut in the NFT space
Starbucks: More than coffee
If you Google Starbucks, the results will probably tell you how it is an American multi-national coffee house chain, but to many, Starbucks is more than a coffee house; it’s a way of life. In the US, it seems like every neighborhood has a Starbucks, and over the last few years, its expansion drive has helped it open a record number of new stores globally.
Starbucks has perfected the art of producing excellent coffees with “questionable” names, but selling coffees is not this brand’s primary business in more ways than one. As mentioned earlier, Starbucks is a brand many people have an emotional connection with. The brand realizes this fact, which must be one reason why this company is delving into the NFT space.
If Starbucks is an essential part of your daily routine, you might be excited to learn that this company is about to make its NFT debut, and it might happen sooner than most people expected. There have been a few changes in the Starbucks kingdom, and the company recently appointed an interim CEO that’ll help lead the NFT drive.
Throughout this piece, we’ll look into the possibility of Starbucks running a long-term NFT campaign from the get-go.
Howard Schultz is a billionaire businessman and an important figure in Starbucks history, and he recently rejoined the company as its Interim CEO. During an Open Forum on Monday, April 4, he shed more light on the company’s web3 drive while making a lot of bold promises about its future.
During the forum, Shultz shared the following, “If you look at the companies, the brands, the celebrities, the influencers that are trying to create a digital NFT platform and business, I can’t find one of them that has the treasure trove of assets that Starbucks has from collectibles to the entire heritage of the company.”