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HomeCryptoNftIndonesia launches first NFT postage stamp

Indonesia launches first NFT postage stamp

The Indonesian Nationwide Put up Workplace has launched the nation’s first Non Fungible Token postage stamp depicting the fowl of paradise, Cenderawasih.

On Sept. 27, Indonesia‘s Nationwide Put up Workplace, Pos Indonesia, launched the nation’s first NFT postage stamp to commemorate the 79th anniversary of the Indonesian Put up in Bandung, Indonesia. The venture is completed in partnership with the Indonesian Ministry of Communications and Info.

This marks Indonesia’s first time in making a stamp that makes use of blockchain-based know-how for philately fanatics world wide so as to add to their digital assortment.

The stamp is valued at roughly $9.90 and options the picture of the Cenderawasih fowl, also called the fowl of paradise. The species is understood for having massive multi-colored feathers and are a local to the Papua island of Indonesia.

In line with the Indonesia Put up official account, the NFT stamps are going to be issued in restricted amount and within the type of a booklet.

You may additionally like: Indonesia enters prime 3 international locations by crypto adoption, changing Vietnam: Chainalysis

Director of Pos Indonesia, Faizal Rochmad Djoemadi, defined that the NFT stamp is supposed to be a collector’s merchandise as a substitute of a legit stamp used for sending packages or letters. He hopes that the creation of NFT stamps will pique the youthful technology’s curiosity in stamp amassing.

“Hopefully younger people who find themselves already native digital can return to amassing stamps however within the type of NFT,” mentioned Faizal to reporters on the launch ceremony.

He added that the stamp will even be issued in a bodily kind, in order that collectors can have a bodily copy together with the NFT. The stamp could be purchased by way of the Indonesian Put up’s web site by scanning a QR code that may take potential consumers to a Google kind hyperlink the place they will order the NFT stamp.

With the launch of this product, Indonesia turns into the third nation within the Southeast Asian area to launch NFT stamps. Neighboring international locations like Thailand and Malaysia, have already launched their very own digital postage stamps within the type of NFTs.

Learn extra: https://crypto.information/nft-bubble-burst-monthly-sales-transactions-crash/

Indonesia launches first NFT postage stamp

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