Emirates Releases 4 Special NFT Stamps for UAE National Day
In commemoration of the UAE National Day 2021, Emirates Post Group (EPG) has issued postage stamp which the first in the region to issue non-fungible token (NFT) stamps to be unveiled on 2nd December with four distinct NFT stamps to coincide with the celebration of the nation’s Golden Jubilee.
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‘NFTs’ or Non-Fungible Tokens are a unique and non-interchangeable unit of data stored on a digital ledger.
Abdulla Mohammed Al Ashram, Group CEO of Emirates Post Group, said, "NFT enthusiasts will be able to collect, exchange and trade our stamps, which also promote the story and milestones of the UAE”.
The first one is a premium edition that contains a gram of fine gold titled the Golden Jubilee 2021.
The second stamp is called the "Spirit of the Union - 1971", symbolising the establishment of the nation by the founding fathers.
The third stamp is "Year of the 50th – 2021" while the fourth design is "Projects of the 50th 2071" representing the UAE’s futuristic vision.
Buyers will only get to see the digital design linked to the physical stamp after scanning the QR code printed on the front side of the card. The stamp contains a locked cryptographic NFC-chip for verification using any smartphone with NFC reader.
Each stamp includes a unique code hidden behind the card which can be unlocked by scanning the QR code to activate the counterpart on the block chain. Users who already have a digital crypto wallet can connect it with the NFT or add the digital twin as a collectible.