In September 2022, PostNL launched its first round of sales of its unique Non-Fungible Token (NFT) cryptocurrency stamps. An NFT is a unique digital asset that represents real-world objects (e.g., art, music, etc.) (Conti & Schmidt, 2022). PostNL’s NL Crypto Stamps are unique collectibles, and they are tradeable on the Polygon (MATIC) blockchain.
PostNL is not the first company to launch NFT cryptocurrency stamps. The first crypto stamps were issued by the National Post Office of Gibraltar in May 2018. There were only 50.000 miniature sheets of this crypto edition, which were rapidly sold out. Nowadays, one postal stamp sheet is worth no less than €2.000, – (Sieger, n.d.).
On the 8th of June 2021, one of the world’s rarest and most valuable stamps was sold for 7 million US Dollars. One of the world’s oldest stamp dealers, Stanley Gibbons, purchased the stamp (The Digital Philatelist, n.d.).
Due to the hype surrounding NFTs, it is expected that NL crypto stamps are also increasing in worth. The final sale of PostNL’s NFT cryptocurrency stamps took place on the 22nd of September 2022. Fortunately, this round of distribution is quite large, and you can still get the crypto stamp for €9,05. Would you invest in NFT cryptocurrency stamps?
References
Conti, R., & Schmidt, J. (April 8, 2022). What is an NFT? Non-Fungible Tokens Explained. Forbes. Retrieved October 15, 2022, https://www.forbes.com/advisor/investing/cryptocurrency/nft-non-fungible-token/.
Sieger. (n.d.). The first crypto currency – miniature sheet with QR code, mint, Gibraltar. Retrieved October 15, 2022, https://www.stamps-sieger.com.
The Digital Philatelist. (n.d.). Opinion: From the 1c Magenta to Crypto Stamps. Retrieved October 15, 2022, https://thedigitalphilatelist.com/opinion-from-the-1c-magenta-to-crypto-stamps/.
