Post offices adopting NFTs leads to a philately renaissance

Post offices adopting NFTs leads to a philately renaissance

Nonfungible tokens are being used to reinvigorate post stamp collecting in Austria and the Netherlands. Philately? If you are a millennial, there is a good chance you used Google to find out that there is a word dedicated to collecting and studying postage stamps.This same search also paints the picture of a hobby in decline, as younger generations are increasingly preoccupied with their screens and the constant stream of dopamine hits served up by TikTok, Instagram, Twitter and other popular social media platforms.Two European postal services have looked to capitalize on the popularity of....


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UNICEF Giga used NFTs to help raise funds to give schools in developing countries the ability to connect to the internet. In this week’s newsletter, read about how UNICEF is using nonfungible tokens (NFTs) to help connect schools to the internet and how post offices are able to revive the philately sector through NFTs. Check out how an NFT gaming project lets many aspects of its game be customizable and sold as NFT packs. In other news, Animoca Brands co-founder Yat Siu spoke with Cointelegraph and shared his thoughts about Asia’s perception of NFTs. And, don’t forget this week’s Nifty....

NFT ecosystem attempts a bounce back amid bearish market sentiment

Supporting the uptrend, the number of NFT holders grew 32.24% over the past three months, as evidenced by data from NFTGo. Over the past two years, nonfungible tokens (NFTs) gave the crypto ecosystem the boost it needed to grab mainstream attention — owing to the involvement of prominent artists and celebrities. However, despite the enormous losses suffered by NFT investors following the ongoing, 10-month-long bear market, the ecosystem showed sustainable signs of a comeback in the last two weeks.Since Sept. 12, the performance of blue-chip NFT collections witnessed a steady growth,....

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