Polygon Labs pays $4 million for Starbucks partnership, an unusual relationship

Polygon (MATIC) Labs has paid $4 million in 2022 to service the NFT loyalty program Starbucks Odyssey, reports CoinDesk. Usually, when you provide a service, you get paid for it, but in this case, it's the other way around. The source explained that Polygon Labs won the competition against at least three blockchain projects that wanted to partner with Starbucks. However, last week, Starbucks suspended Starbucks Odyssey after 18 months of experimentation. Polygon Labs is now focusing more on technology innovation than partnerships, the source added.