2021-05-31 Mon

New from Gibraltar is a new crypto stamp issued on may the 17th. Crypto is short for cryptocurrency, a currency that exists only digitally, and according to the Gibraltar Philatelic Bureau, the new stamp will be dedicated to this revolutionary new technology.

Designed by Stephen Perera this 4-pound stamp is Gibraltar’s second cryptocurrency stamp. The first was issued on 15th May 2018. The four 50-penny stamps in that sheet share the same design showing the Rock of Gibraltar. The new stamp will be tied to the release of a blockchain based Digital Collectible or non-fungible token (‘NFT’) counterpart.

A handful of other postal administrations also have issued cryptocurrency stamps, including Austria, Croatia, the Marshall Islands, and the United Nations Postal Administration. Issues from Austria and Croatia also had a nonfungible token counterpart.

Visit philamart to view and purchase variety of stamps from all over the world.

Image Courtesy: linns.com