Frequently asked questions

CryptoStamps were invented in June 2019 by the Austrian Post. They are actual stamps, that can be used to send letters or packages. But what makes them special is, that besides their normal use, they also exist on an open blockchain as a crypto token.
At the moment there are two generations. The first one, has an easily recognizable unicorn as a “logo” and looks like this: [Foto Generation I] The second one, which has been published recently has four different animals: [Namen der Tiere] [Foto Generation II] Please note: each stamp has the same colour on the outside, the “real” colour can only be seen by scanning the QR code. So f.e. each Doge Stamp is Blue. That does has to be the “real colour”.
From the outside, all the stamps look the same. In generation one, all the tactile stamps were black on the outside. In generation to, each animal has a special colour. But, when scanned, they show their real face ? and this is actually very important, since not every colour has the same number of copies. Please see here their commonness: [Bild Aufteilung der Farben Gen I] [Bild Aufteilung der Farben Gen II]
Each stamp has the same price when first bought from the Austrian Post. Generation one costed €6,90 per piece. Generation two costs €7,00 per piece. The worth depends on how common they are. So there are prices beyond €5.000 which have been paid for very rare ones.
Crypto token are a type of cryptocurrency, which do not have their “own” blockchain, but exist on existing smart contracts blockchains like ETH, Wave, etc. They represent an asset or specific use and are open visible on the blockchain. Created through an initial coin offering (ICO), crypto token are often used to raise funds for crowd sales. NFT stands for Non Fungible Token, which means, that each token, although being on the same blockchain, is unique in its way. This actually makes sense, considering in this case it is a collectible.
The CryptoStamps were the first of its kind. They have an actual real-life use case, since they can be used as normal stamps. Besides that, they are the first collectible stamps on the blockchain, which makes it possible to buy/sell/trade them on the internet, as you would do it with common stamps. Last but not least, there is a fixed number of copies, which also explains the high demand.
As mentioned above, they can be used as a normal stamp worth €7,00. You can collect them, you can sell them, or you can just put them on the attic and hope for a price raise ? Since they are unique, it makes it a beautiful collectible, or can also be used as a witty present to surprise a crypto interested friend of yours.
Absolutely NOT. Since the Austrian Post is the public, national, post service, and the stamps can be used as normal stamps to frank letters or packages in the exact same worth, you cannot lose any money. The worst-case scenario is, that you have a lot of stamps which can be used in the future. To be honest, it is absolutely the opposite of risky. Since there is a high demand of collectors, crypto enthusiasts and others, you might achieve extremely high prices if you are lucky enough to get some rare ones.
Yes. You can not only trade them in real life, but also on the blockchain. On each stamp there is a public and a private key which can be used to send/receive other stamps or token.
When you first buy them, they are on an pre-set ETH wallet, which can be accessed through normal programs like myetherwallet or metamask. The public key is your wallet address, which you can give to people in order to send you token. Never ever give away your private key. This is the key that makes you the owner of the token on that wallet, and this key is required in order to send token to others.

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