Starbucks NFTs?

Instagram NFTs are here, coffee is flooding the blockchain, and Voyager is paying back its debts!

GM frens

Hey, and welcome to another issue of NFToday!

Over the weekend I was able to reconnect with an old friend/business partner after a fallout. We finally sat down at a local Dunkin Donuts (I’m on the east coast for those that were curious) after years of playing phone tag.

Long story short, we were able to come to an agreement and start the friendship rebuilding process. 

Why am I sharing this? 

As we get older, there’s always a lesson to learn. Remember this: Always keep the door open. It never hurts to be vulnerable. Being vulnerable allows us to share concerns, perspectives, and fears without holding back, especially when letting someone know that you care.

With that said, let's get on with some news!

In today's newsletter:

  • Instagram’s NFT Uplift

  • Starbucks Goes Web3

  • Voyager Giving Back

Meta's new Instagram play... 

Instagram

Instagram has officially added NFT support to 100 different countries.

NFTs are swarming Instagram worldwide after Meta CEO Mark Zuckerberg announced the new integration. Instagram users can now showcase their NFTs on their main feed, stories, and/or through messages all thanks to the FLOW blockchain.

Instagram supporting NFTs is another step towards Meta’s Web3-focused evolution and another push to stay relevant in the market.

Check out the full article here!

A Venti Macchiato with a Dash of Ethereum? 

The notorious coffee chain, Starbucks, is whipping up a new addition to its colorful barista-creator menu!

Coffee-themed NFTs and other Web3-inspired rewards will be unveiled at next month’s Starbucks Investor Day event. 

Executive Howard Schultz teased the upcoming updates as coffee-centered and innovative steps to create even more loyalty to their consumers.

It seems the world’s biggest coffee house can’t help but tap into Web3 incentives to find more ways to connect beyond tangible and edible means. 

One Twitter Degen who goes by @BitBoyJay decided to take advantage of the situation to load up on Starbucks related ENS domains! Smart move if you ask me:

Voyager Making Atonements 

Not to long ago, the popular crypto brokerage known to many investors "Voyager" declared bankruptcy, leaving a total of 1.1B in loan obligations that were never to be returned to investors.

Until now!

Voyager aims to return $270M in cash deposits. The U.S. Bankruptcy Court in New York ordered Voyager to allow access to its custodial account, which held roughly $270M.

This translates to roughly one fifth of the total they owe!

Voyager is also in talks over a potential acquisition with an undisclosed buyer.

My guess? Likely FTX!

Even though it is only a portion of the entire amount owed to creditors, the sum should alleviate some concerns.

Acknowledgements

Written by: Jeremy Colon

Edited by: Hunter Maier

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 DISCLAIMER 

Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!