THE FIRST CRYPTO STAMP GOES VIRAL!

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Hello Steemians,

It is absolutely crazy and awesome at the same time. The Austrian Post Office released a crypto stamp 6 days ago and complete sets already sold for 999 USD each on ebay. In Austria there even were sales for over 1000 Euros just for the red stamp alone. The yellow and blue stamps also reached high prices. So what is this all about? Why is this physical collectible so highly sought after and what actually is a crypto stamp???

1. THE CRYPTO STAMP IN GENERAL

Well it is quite simple: the Austrian Post Office decided to give Cryptos some Kudos and brought the world a real-world-use-case. They simple created the VERY FIRST CRYPTO STAMP worldwide. The stamp is limited and just 150K are made. But there is more! The stamp exists in a physical-analog form AND in a digital form. In its physical form the stamps look all the same, but if we scan the QR code, we can see the actual color of the stamp. There are FIVE DIFFERENT COLORS and every color has a different limitation.

Austrian Post has developed an affinity for cryptocurrencies and blockchain in recent years. After cooperation with Bitpanda (sale of cryptocurrencies in branches) and Coinfinity (Swiss Bitcoin machines), the post has now entered a third cooperation with a crypto firm. The world’s first cryptocurrency and blockchain postage stamp, developed together with the blockchain experts Capacity, has just been introduced to the market.

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2. THE FIVE DIFFERENT COLORS

RED VERSION: limited to 1,500 pieces

YELLOW VERSION: limited to 10,000 pieces

BLUE VERSION: limited to 20,000 pieces

GREEN VERSION: limited to 40,000 pieces

BLACK VERSION: limited to 78,500 pieces

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3. FUNDED WITH ETH…!

When purchased, the stamp set comes in two parts. As pictured in the first image, the left part, which is stylized with a unicorn associated with Ethereum, functions as a standard stamp that can be used to send mail. The QR code shows the digital color and the limitation. The right section, on the other hand, contains a unique identifier and is concealed under scratch layers. The code is used to save the stamp on the Ethereum Blockchain, the digitized and unique stamp is then available in an Ether-Wallet and can be transferred to another one. The amount of ETH per stamp is around 0.001666666 ETH. HOW COOL IS THAT???

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4. SOLD OUT AFTER 6 DAYS!!!

The last time when I checked the online shop, the stamps were SOLD OUT – and this after 6 days. What does this show us? CRYPTO has arrived in the heads of the people and a lot of collectors and crypto lovers want to have a PIECE OF CRYPTO HISTORY in their hands.

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5. HIGH PRICES on EBAY!

It is incredible! The crypto community and other stamp collectors really want a piece of this first limited stamp and I assume it is because of the fact that it is ONE OF A KIND. Never before an analog AND digital stamp was produced. On Ebay complete sets sold for 999 USD each. So far I could spot around 3-4 sales.

After these sales for 999 USD I couldn’t find any other offers with this price. And I could not find cheaper offers. The opposite is the case. There is one offer for 2,999 USD on ebay:

https://www.ebay.com/itm/254264149669?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

and 1 other offer for bidding:

https://www.ebay.com/itm/254266724960?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Also yellow and blue stamps have high prices and I thought, I have to dig deeper. So I went to Ebay Germany and Austria to see how high the prices are there. The offers are almost the same and some people bid high bids on yellow and blue ones.

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6. CONCLUSION

I still don’t know what I should think about the stamp, when I think about this high prices. BUT at least it is for sure, that this stamp is just amazing and I really like the idea. The Austrian Post spread the awareness of crypto and this is a good thing. The fact, that a part of the stamps will be used is also cool, because many people will throw them away because they have no clue what it is. So the stamps will be even more limited and the best is: the cryptos on it are LOST, if nobody uses the keys.

SO WHAT DO YOU GUYS THINK ABOUT the very first CRYPTO STAMP???