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SWISS CRYPTO STAMP: THE FIRST CRYPTO-STAMP

On November 25, Switzerland will launch its first crypto-stamp. Since it is an NFT, the 65.000 copies released by Swiss Post will be totally interchangeable and collectible.

SWISS CRYPTO STAMP: THE FIRST CRYPTO-STAMP

Discover Geeks Academy’s articles on: Blockchain, Coding, Cybersecurity, Cloud, Big Data, Artificial Intelligence, Gaming, Digital Innovation

Immersed in the world of Distributed Ledger Technologies (DLT) from the very beginning – so much so that it has earned the title of "Crypto Valley" –, in 2018 Switzerland announced its plan to create, in collaboration with Swiss Post and Swisscom (the Swiss infrastructure service), a private blockchain that could offer new solutions to its citizens. 
Following the birth of the Swiss Trust Chain – the Swiss technology based on the Hyperledger Fabric protocol –, Swiss Post has finally formalized the release of its brand new crypto-stamp on its "Press Release" bulletin board. The new stamp, which will be released as an NFT collection of 65,000 digital stamps, will be available for purchase at the modest sum of 8.9 Swiss francs.

The NFT Collectible Tokens Phenomenon
Aside from the curious choice of using the Polygon blockchain – the Ethereum Layer-2 solution that has attracted the attention of the many great investors, such as Mark Cuban –, the Swiss company intends to ride another great trend: that of Collectible Tokens.
Exploded in April 2021 thanks to the famous Bored Apes, the most important feature that these artistic pieces have in common is represented by the limited number of copies, both in the “common” and in the "rare" editions. The Swiss crypto-stamp will be available in 65,000 random-looking pieces with 13 possible traits, of which 50 will be labeled as unique. By purchasing a physical stamp (8.9 CHF) with a QR printed on it, Swiss citizens will automatically receive the digital stamp, which they will then be able to resell on platforms such as OpenSea, Rarible, SuperRare, etc.

Blockchain: Internet of Value
With a market of 2.6 billion dollars and 2.34 million users, OpenSea highlights how the development of the blockchain sector in both the artistic and non-artistic fields is rapidly expanding. This trend is underlined by the +17% of new users that have registered on the platform in the last 30 days. Another aspect to highlight is the constant growth of TVL (Total Value Locked) on DeFi (Decentralized Finance) platforms. The value of TVL, which struggled to reach the first billion of USDs just until two years ago, now amounts to 196 billion USDs – of which 4.6 billion on the Polygon blockchain alone, which ranks in the top 3 of the most used DeFi Platforms. This, as a guarantee of an increasingly solid network.

Future perspectives and where to begin
From fashion firms to the gaming industry, passing through utility services and sports, NFTs are slowly but definitely gaining ground, and in the future they could substitute most of today’s written documents (patents, receipts, documents, passes, etc.).
It is good to keep in mind that the analysis of any asset, whether fungible or not, inevitably passes through the prior analysis of the technology on which that asset is built. Thus, using blockchain technology without knowing its basics, even in the NFT field, inevitably exposes people to the risks of unsafe protocols and of misconceptions, with an annexed waste of time and money.
It is for this reason that, about two years ago, Geeks Academy started to offer training courses specifically aimed at helping enthusiasts, programmers and future entrepreneurs to better understand the Blockchain technology, even giving them the possibility to start from the basics, if necessary.

Stop living the future as a mere spectator: become the protagonist! Join Geeks Academy’s courses in the area Blockchain & Coding and jump-start your career in the era of Data Economy!

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