Starbucks Odyssey’s second NFT drop, The First Store Collection Stamp, has come to a end. The ‘First Store’ NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway, a premier NFT marketplace for beginners, experts, and everyone in between.
See Related: Non-Fungible Tokens (NFTs)
The ‘First Store’ stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to “user aesthetic fatigue”. A Twitter account replied to his post stating that the reason is the need for ‘Odyssey Stamp’ to mint.
The initial sale of ‘First Store’ is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.
Last September 12, 2022, Starbucks announced the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks’ Odyssey has released seven NFT series which have a floor price between $38 and $1300.