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Post offices adopting NFTs leads to a philately renaissance N | NFTs & DeFi 🗓

Post offices adopting NFTs leads to a philately renaissance

Nonfungible
tokens are being used to reinvigorate postage stamp collecting in Austria and the Netherlands. 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 nonfungible tokens (NFTs) in recent years to reinvigorate the philately sector. Cointelegraph caught up with Netherlands’ PostNL and the Austrian Post Office (PostAG) at the Blockchain Expo in Amsterdam to delve into their collaborative effort that has successfully married postage stamps with NFTs.

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