The future of stamp collecting is here.
Pos Indonesia has taken a bold leap into the future by unveiling its first-ever postage stamps with NFT counterparts. The iconic “Cenderawasih,” or bird of paradise, adorns this groundbreaking collection, which includes both physical stamps and their digital twins as NFTs.
The postal service is banking on this blend of tradition and cutting-edge blockchain technology to attract both stamp collectors and tech-savvy enthusiasts. A special booklet will also accompany the release.
This innovative move reflects Indonesia’s growing participation in the Web3 ecosystem.
Earlier this year, on March 28, financial authorities announced plans to launch a crypto asset regulatory sandbox by 2025 to reduce fraud in the space.
However, Pos Indonesia’s foray into NFTs comes at a tricky time. September saw the lowest monthly volume of NFT sales since January 2021, according to CryptoSlam.
Sales hit just $296 million, representing a 20% drop from August and an 81% plunge from their $1.6 billion peak in March. NFT transactions also fell dramatically, with only 4.9 million in September, down 32% from August’s 7.3 million.
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While NFT stamps may seem novel, they’re not entirely new. Similar initiatives have been launched globally in recent years. In 2022, the UAE issued the world’s most expensive modern stamp, containing one gram of gold, along with its NFT version.
The Netherlands and Austria also joined the trend, using blockchain technology to breathe new life into stamp collecting at Amsterdam’s Blockchain Expo.
With its NFT stamp initiative, Pos Indonesia is stepping into a niche that merges nostalgia with the future, pushing boundaries in a world where traditional collectibles meet the digital frontier.
