Last month, Starbucks launched its Tumbler use drive and offered NFTs to customers who bring their cups to the stores when placing orders. The company said the project was successful over two weeks after the scheme started.
As per The Korea Times, Starbucks Korea's latest non-fungible token offering is boosting its campaign for customers to use tumblers instead of single-use cups. On Thursday, Feb. 1, the coffee chain said it could save about 600,000 disposable cups within two weeks.
Positive Response from Customers
Starbucks Korea launched the NFT offering on Jan. 16 and recorded a 49% year-on-year increase in customers who buy their drinks using tumblers. Most orders were placed via the brand's mobile ordering system called the "Siren Order."
It was added that using personal cups for online or in-store orders increased by 32%. This shows the success of Starbucks Korea's initiative to reduce waste as it operates the business. Moreover, Starbucks Korea said 260,000 customers participated and collected 600,000 eco-stamps that can be exchanged for NFTs.
"Starbucks NFTs are not for tendering payment or investment," a Starbucks official said. "They represent our way of certifying our customers who voluntarily engage in environmental activities in their daily lives."
Starbucks Starlight NFT Project
The coffee chain started a campaign to encourage using tumblers when buying drinks from its stores. Starbucks Korea also offered a KRW400 won discount for personal cup users on top of NFT rewards. The initiative was called the "Starbucks Starlight NFT Project."
At launch time, Starbucks Korea's chief executive officer, Ryan Sohn, said in a press release. "We hope that customers visiting Starbucks will integrate the use of personal cups into their daily lives and enjoy the unique experience of owning their very own NFT. Starbucks Korea will continue to introduce a variety of promotions to offer our customers an array of eco-friendly benefits."
Photo by: Starbucks Press Release


Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Washington Post Publisher Will Lewis Steps Down After Layoffs 



