UAE launches the world’s most costly trendy postage stamp

The United Arab Emirates has launched the world’s most costly trendy postage stamp to rejoice the fiftieth anniversary of the nation’s Basis Day.

Emirates Submit Group, a government-owned publish workplace launched the primary version of the fashionable postage stamp with 4 editions. Every bodily stamp within the assortment comes with a digital model.

The costliest version is the “Golden Jubille 2021,” which has a complete of 2021 items and prices a 2021 AED ($550 USD). Every stamp incorporates one gram of gold.

The second stamp known as the “Spirit of the Union — 1971,” which symbolizes the institution of the UAE by the founding fathers. Guess what, the third stamp is “Yr of the fiftieth — 2021” whereas the fourth is the “Initiatives of the fiftieth 2071,” representing the futuristic imaginative and prescient of the UAE.

The opposite three collections are comparatively cheaper and price about 250 AED ($68) for every nonfungible token (NFT postage stamp.

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Cointelegraph reached out to the CEO of the publish group Abdullah Al Ashram to grasp the thought behind the launch of digital collectible postage stamps. Ashram defined that the choice was made to rejoice the anniversary of the Founding Day and anybody from all over the world can purchase it.

“It is positively part of the broader technique and blockchain would be the key to many initiatives at Emirates Submit roup.”

The launch of the NFT postage stamps made the Emirates Submit Group the one p within the Center East and North Africa to take action. Blockchain has change into a key a part of UAE’s enterprise technique over the previous yr.