UAE launches the world’s most expensive modern postage stamp

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The United Arab Emirates has launched the world’s costliest trendy postage stamp to have a good time the fiftieth anniversary of the nation’s Basis Day.

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Emirates Put up Group, a government-owned put up 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 most costly version is the “Golden Jubille 2021,” which has a complete of 2021 items and prices a 2021 AED ($550 USD). Every stamp comprises one gram of gold.

The second stamp is 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 “Tasks 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.

Associated: Crypto.com will get nod in Dubai and FTX launches in Japan

Cointelegraph reached out to the CEO of the put up group Abdullah Al Ashram to know the concept behind the launch of digital collectible postage stamps. Ashram defined that the choice was made to have a good time the anniversary of the Founding Day and anybody from around the globe can purchase it.

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

The launch of the NFT postage stamps made the Emirates Put up Group the one p within the Center East and North Africa to take action. Blockchain has turn out to be a key a part of UAE’s enterprise technique over the previous 12 months.

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