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New crypto stamps in Austria
New crypto stamps in Austria
Crypto

New crypto stamps in Austria

By Alfredo de Candia - 25 Jun 2020

Chevron down

The Austrian Post Office has decided to once again focus on blockchain-based crypto stamps following last year’s success.

As a result, today they announced new versions of the stamps with animal designs, while the previous edition featured a picture of a unicorn that changed colour according to rarity, as they were a limited edition.

More in detail, these crypto stamps are designed to be attached to letters, since they have a sticker and can be used to actually send mail.

Their blockchain-based system allows tracking the transaction and the transfer of crypto

In fact, each crypto stamp has a relative private key because these are actually wallets with some Ethereum (ETH).

Therefore, even if they are not used as real stamps, they can still be used as an alternative paper wallet with a favourite image.

As mentioned, this series is not the first one to arrive on the market: last year 5 versions with the image of a unicorn were launched, which after a year have reached incredible figures, with a value of about € 1000 per single stamp.

This new edition, Crypto Stamp 2.0, features the theme of animals with images of pandas, llamas, badgers and doges, a clear reference to the Dogecoin (DOGE) crypto, reflecting its name and image. Prices start from €7.

Similarly to the first series, which now no longer exists due to the limited number of pieces, this one also includes a few copies, 60 thousand for each animal for a total of only 240 thousand crypto stamps with the new images.

This represents a potential collection and indeed the set of 4 stamps is already sold at €2000, € 500 each, a demonstration of how the hunt for these specimens has already begun.

Beyond the speculative aspect due to their rarity, which could result in the project qualifying as a collectable, we can see how crypto and blockchain can be integrated into a traditional system such as mailing. In the future, we might even see letters with a printed QR code that fulfils the value of the stamp and is traceable on the blockchain.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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