Pos Malaysia Berhad today announced the launching of its first non-fungible token (NFT) stamps for collectors in conjunction with Merdeka Day and Malaysia Day celebrations. The limited edition NFTs are redeemable for free with every purchase of the #EmpatBelasSetemKu special edition stamp folder set which retails at RM59 each.
Each stamp folder contains one physical stamp sheet of 14 stamps, each of which is designed by an artist representing each state in Malaysia to convey the state's uniqueness. As reported by Bernama, the stamps and their respective NFTs are produced through a collaboration between Pos Malaysia and local retail brand APOM.
Pos Malaysia CEO Charles Brewer said that penetrating the NFT market is a significant milestone for the company as it complements its traditional postal offerings with various digitised services and products. The introduction of the NFTs also meant that Pos Malaysia is the second postal service in Southeast Asia to produce NFT stamps after Thailand. It also meant that Pos Malaysia now joins other countries with similar initiatives such as Austria, Switzerland, United Arab Emirates and the Netherlands.
The complete set of the #EmpatBelasSetemKu collection comes with three envelopes, three postcards, a specially designed folder and a user guide for redeeming the free NFT stamp. Moreover, a limited number of 3000 folder sets will be available for purchase, each set allowing collectors up till 31 October 2022 to redeem one out of the 14 NFT stamp designs.
The stamp sets will be available via Pos Malaysia’s official website here, APOM retail outlets and at Kuala Lumpur General Post Office’s Stamp & Philatelic counter starting today. Meanwhile, purchases at other selected post offices will be available starting 12 September 2022.
So, what do you guys think of this foray by Pos Malaysia into the NFT market? Share your thoughts with us in the comments below and stay tuned to TechNave for more tech news in Malaysia and beyond!
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