Chain Reaction cover image

Chain Reaction

Starbucks Odyssey’s community lead expects NFT brand building to expand this year (w/ Steve Kaczynski)

Feb 22, 2024
37:17
Snipd AI
In this podcast, Steve Kaczynski discusses NFTs, community building, and Starbucks Odyssey's NFT loyalty program. Topics include Bored Ape Yacht Club adoption, web3 gaming, and NFT value creation. The conversation touches on the importance of understanding the NFT sector, building communities, and future trends in NFTs.
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Podcast summary created with Snipd AI

Quick takeaways

  • Starbucks Odyssey program emphasizes community involvement over financial gains, fostering engagement through brand interactions and loyalty rewards.
  • Educating brands on the broader utility of NFTs beyond artwork can revolutionize industries like insurance, healthcare, consumer goods, and art experiences.

Deep dives

The Importance of Community and Access in Loyalty Programs

Starbucks Odyssey program places a strong emphasis on providing access to the brand and community involvement for its members. The program fosters engagement by offering members the opportunity to participate in events, vote on benefits, and engage with the brand in various ways while staying active in the community through activities like commemorative stamps and special interactions with Starbucks' brand icons.

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