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Indonesia Unleashes Its First NFT Stamps – Are NFTs Quietly Regaining Adoption?

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The non-fungible token market, which became oversaturated with low-quality projects and speculative investments, leading to a loss of trust among investors and enthusiasts, has started regaining a foothold again in various sectors. This time around, NFT technology is finding use cases in real life to revitalize services and delivery. Indonesia has leveraged this new technology to launch its first NFT stamps. Indonesia Launches First NFT Stamps In a recent Instagram post, the Indonesian National Post Office confirmed launching the country’s first NFT postage stamp. The Indonesian postal body unleashed its project during its 79th anniversary event in Bandung, Indonesia. The Indonesian National Post Office has joined hands with the Indonesian Ministry of Communications and Information to launch its new NFT stamps. Based on site publication, the new NFT post stamps are valued at approximately $9.90 and feature the image of the Cenderawasih bird, also known as the bird of p...