swiss crypto stamps

Ethereum Layer 2 solutions aggregator, Polygon, continues to soar high as it has secured a remarkable partnership with Switzerland’s national postal service to unveil the Swiss crypto stamp.

According to an official announcement, on November 25th, the Swiss Post is launching the Swiss Crypto Stamp – the first stamp of its kind in Switzerland.

On the other hand, the Swiss national postal service tapped Polygon to launch tradable digital stamps as nonfungible tokens (NFTs). These NFTs will have 13 different and unique designs which will be able to be collected and exchanged.

Also, this partnership will bridge the gap between physical stamps and the cryptocurrency industry. Take a look at how these NFT-stamps will look in the picture below:

Swiss National Postal Service


Describing the crypto stamp as first-of-its-kind, the value of this NFTs-stamps at 8.90 francs some of the stamps will be common, while others are much rarer and harder to get.

The Swiss Post said: “There are 65,000 copies of the most common digital design, but just 50 of the rarest. One thing is clear: the Swiss Crypto Stamp means collecting, exchanging, and trading stamps has gone digital, too.”

Therefore, the digital stamp will be stored on Polygon, and additionally, reports disclosed that customers would be able to trade their crypto stamps on NFT platforms such as OpenSea marketplace.

Others Exploring Digital Stamps

While the Swiss Post digital stamp initiative has been in the crypto space, other countries have also embarked on similar ventures.

The Austria postal service earlier this year announced plans to integrate digital technology protocols for postage stamps. The Austrian Post intends to utilize near-field communication (NFC) chips in its NFT postage stamp collectible series.

The embedded NFC chips will enable customers to verify the authenticity of its physical stamp. It will also remove the need for creating an additional scanning app to verify ownership of the NFT postage stamp. Here is a picture of the press release:

Austrian stamps NFTs

Source: Post. at

Moreover, an official announcement of the United Nations Postal Administration (UNPA) also revealed its collection of UN-inspired crypto stamps built on the Ethereum blockchain. Sergio Baradat designed the stamp, and it features a unique display of the UN headquarter in New York, Geneva, Vienna.

Gibraltar Philatelic Bureau also tapped crypto startup, Coinsilium to issue NFT postage stamps. Also embracing blockchain technology, Lithuania’s central bank issued 24,000 blockchain-based collectible LBCoins.

Polygon Remarkable Growth

It is also worth noting that Polygon has recorded outstanding growth since the beginning of this year.

The Layer-two protocols, via its official Twitter handle, celebrated the growth of its community. According to Polygon, it is currently focused on onboarding the next 10 million users to Web 3.0.

Also, Mihailo Bjelic, Polygon co-founder, announced that the protocol’s daily active unique addresses surpassed that of Ethereum briefly.

Bjelic noted that Polygon had 351,000 daily active addresses on Monday, whereas Ethereum had 326,000. Also, reports disclosed that the number of addresses on Polygon had surged 330% over the past three months. Meanwhile, Ethereum’s over that same period declined by 12%.

Also, according to Polygonscan, Polygon recorded a more significant number of transactions, 5.7 million total transactions on Wednesday. As compared to 1.1 million on Ethereum’s layer one on the same day.

$MATIC Price

At the time of publication, the $MATIC Price was trading at USD 1.32 with a market cap of USD 8,795,760,552 and a 24-hour trading volume of USD 855,077,190.

However, $MATIC is still one of the top-performing altcoins of the year, with growth of 6435.8% in 2021.

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