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Austria

25 June 2020

Crypto Stamps 2.0 — Animals

Austria: Crypto Stamps 2.0 – Animals, 25 June 2020. Images from Post AG Crypto Stamp and eBay.

Technical Specifications:

Issued on: 2020-06-25
Size: 43 x 54 mm
Colors: Multicolor
Perforation:
Die Cut Printing: Offset lithography and Hot stamping
Gum: Self-adhesive
Paper: cardboard
Face value: 700 Euro cents
Print run: 60,000 each

Welcome to the Crypto stamp 2.0!
With the Crypto stamp, the Austrian Post is entering completely uncharted territory. The analogue meets the digital world in these innovative postage stamps. For the first time ever, the Austrian Post is offering a stamp that can be saved as a digital image within the Ethereum Blockchain. This means that you can not only use the Crypto stamp to send an item by post, but you can also keep it as your personal virtual collectible!

The Crypto stamp 2.0 is available, on the 25.06. on this website as well as in all post branches (except partners of Austrian Post).

Here is how it works:
Scan
There’s a QR code printed on every Crypto stamp that contains a code. You can scan this using a webcam or the camera on your smartphone.

Code entry
Alternatively, you can manually enter the code to view the digital image of your Crypto stamp at the top of the page.

CRYPTO STAMP DEVELOPED FOR AUSTRIAN POST AG BY CAPACITY BLOCKCHAIN SOLUTION GMBH


A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Physical Crypto currency collecting started back in 2011 when the first physical incarnation of Bitcoin came to be in the form of a Bitbills. This is when a public key and private key hidden behind a hologram were placed on card and then loaded with Bitcoin. Others came afterwards, particularly Casascius who introduced Physical Bitcoin in the form of physical coins.

The first official Crypto stamps were issued in May of 2018 by the National Post Office of Gibraltar. Only fifty thousand blocks of four stamps were produced. Each block has a QR code printed next to the stamps, which when scanned generate 200 QRG Coins per block in an Ethereum wallet (e.g. MyEtherWallet). There will never be more than 10,000,000 tokens issued.

On 11 June 2019, Austria Post released what it claimed to be the world’s first blockchain stamp. While a physical stamp was issued, the digital counterpart is stored in the blockchain, a special kind of decentralized data storage. There it lies in a digital “purse”, a so-called wallet, which is exclusively owned by the owner.

The brand block is in the form of a bank card. The right side of the block contains all credentials hidden under scratch layers. The holder of the Wallet-related access code as well as another attached code, the “Secret Word List”, thus has the digital Crypto stamp. If the digital version of the stamp is sold or transferred from one wallet to another, the transaction is fully documented in the blockchain.

The left-hand area is the actual postage stamp that can be sent regularly — this is done by breaking the block apart at the predetermined breaking point. The unicorn pictured on the crypto stamp is the heraldic animal of the Ethereum community.

In collaboration with Inter-Governmental Philatelic Corp., the Marshall Islands entered the emerging world of cryptocurrency and crypto stamps in 2020 (actual release date unknown), with a limited edition sheetlet designed to highlight the novel Mi10 Crypto stamps.

The new set of 6 stamps features silver holographic images of Marshall Islands beaches, side by side with identical QR (Quick Response) codes that will automatically link to a crypto wallet and so that the user can collect new cryptocurrency coins/tokens after being scanned by a smartphone or tablet.

There were only 100,000 blocks of six stamps issued and only 100 Mi10 Crypto Stamps crypto coins per 6 stamp block will ever be minted. These 10,000,000 Tokens/Coins can be claimed in increments of 100 Mi10s per block [of 6].


Austrian Post has announced a new set of four stamps that combine postage with the digital database known as blockchain.

Called Crypto Stamp 2.0, this set of four will be issued June 25, a little more than a year after Austria released the world’s first blockchain, or crypto stamp, on June 11, 2019 (Scott #2801).

Austrian Post said of its new set of four: “The Crypto stamp 2.0 can be used not only as an ordinary postage stamp for sending items in the post, but functions simultaneously as a virtual collectible. The digital pendant is stored in the Blockchain, a special type of decentralized data storage. There it is kept in a digital Wallet over which the stamp’s owner holds the exclusive rights.”

Austrian Post describes the stamps as being in a credit card format, measuring 86 millimeters by 50mm.

Each stamp shows the head of an animal: a honey badger on a red background, llama on a green background, panda on a brown background, and dog on a blue background.

The “700” to the right of each animal represents the denomination of €7 (700 euro cents). The country name Österreich is below each animal.

David Gruber designed the stamps. Variuscard printed them by a combination of offset, screen printing, hot-foil stamping and thermal-transfer printing on environmentally friendly cardboard, according to Austrian Post.

Austrian Post said that the self-adhesive stamps can be peeled off the cardboard backing and used as postage.

Austria’s €6.90 Crypto stamp of 2019 “sold out within days,” according to Austrian Post. The print run was 150,000. The virtual version of the stamp is available in five different colors of varying quantities.

Each new €7 stamp was printed in a quantity of 60,000, or a total of 240,000 for the four designs.

Austrian Post held a pre-order of the Crypto 2 Stamp set until June 10, and the €7 Dog stamp was sold out in the presale by June 3. However, Austrian Post said it would be available again on the June 25 issue date.

Austrian Post also said that “more details on the new functions [of the stamps] will be revealed on the stamp’s official launch date.”

Llama (Michel #3537)

Panda (Michel #3538)

Honey Badger (Michel #3539)

Dog (Michel #3540)

First Day Covers:

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