Emirates Post Group NFT Stamps a first in MENA
Emirates Post Group (EPG) has become the first in the MENA region to issue Emirates Post Group NFT stamps. This should not be a surprise given that Emirates Postal Group views Blockchain as the backbone of its infrastructure and revealed this at Gitex 2021 in Dubai UAE.
EPG NFT stamps will be launched on December 2 with four distinct NFT stamps to coincide during the celebration of the nation’s Golden Jubilee. These innovative NFT stamps will have a digital twin in the blockchain and will be sold as digital collectibles linked to its physical stamp counterpart.
Alashram added. “NFT stamps, or commonly known as crypto stamps, have digital counterparts stored in the blockchain, and can be collected, traded, or used for online exchange like other digital tokens. Each of the four NFT stamps carries a distinct design centered on the UAE national theme. The first one is a premium edition which contains a gram of fine gold titled the Golden Jubilee 2021.Meanwhile, 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.
The NFT stamps will be available for purchase at www.epgnft.ae starting from December 2, 2021.