Starbucks’ limited-edition NFTs called "Stamps" are reselling for over $1,500 each on the Nifty Gateway secondary market after 2,000 were sold out in just 18 minutes.
According to the Nifty Gateway platform, the Stamps currently have a total secondary market volume of $121,795 with an average sale price of $442 as of Friday morning.
.Members of Starbucks’ Odyssey, the chain's Web3 loyalty program were allowed to purchase two Stamps, all priced at $100 when it opened at 12 EST on Thursday.
The Odyssey’s site experienced errors as it was overwhelmed by the traffic and the 2000-Stamp collection.
Starbucks launched its Odyssey program in partnership with Forum3 which caters to non-crypto users. Stamps could only be purchased with a credit card.
Odyssey is a "next-generation loyalty platform," and intends to build relationships between Starbucks customers and the brand.
