August 25, 2022

3rd Edition: The Austrian Post, Der Merkur, and The Future of Trust

Hey Web3.0 enthusiasts — 👋

Things are accelerating.

⚡ Flash news

The Austrian Post announced the launch of Crypto Stamp Art (CSA) based on the Ethereum blockchain. The collectors can buy 2,500 CSA Mystery Boxes on Tokapi. Each box costs € 500 and contains:

>> 4 NFTs

>> A special stamp block

>> A physical trading card

The NFTs are designed by the renowned digital artist PR1MAL CYPHER, who redesigned “Der Merkur,” one of the most valuable stamps in Austria, originally issued in 1851.  

Der Merkur Stamp (1851)

The NFTs come in different colors, signifying their increasing rarity.

>> Rose stamps: 5,896 editions (58,96% rarity)

>> Blue stamps: 3,000 editions (30% rarity)

>> Yellow stamps: 1,000 editions (10% rarity)

>> Red stamps: 100 editions (1% rarity)

>> Purple stamp: 1 edition (0,01% rarity)

>> Green stamp: 1 edition (0,01% rarity)

>> Turquoise stamp: 1 edition (0,01% rarity)

>> Friedrich stamp: 1 edition (0,01% rarity)

Der Merkur Stamps (2022)

It’s worth noting that Tokapi doesn’t require a crypto wallet. People can purchase the CSA mystery boxes by using their credit cards.

Quick note: The Austrian Post was the first to issue the world’s first blockchain stamp on June 11th, 2019.

👀 To keep an eye on

According to TechCrunch

“Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event.”

Curious to see what they’ll announce on September 13th, 2022.

📝 Interesting article

→ I’ve recently discovered Web 3.0 and the Future of Trust, an older article written by Ali Yahya, a General Partner at Andreessen Horowitz.

Here is the central thesis:

>> Throughout our history, we’ve observed the notion of trust changing from social (past) to institutional (present) and programmable (future). Institutions are today’s gatekeepers of trust. This will change, though, as we’ll shift from institutional to programmable trust. As a result, we’ll be able to catalyze trust and cooperation at an unprecedented scale.

I recommend you read the article and learn more about Web 3.0 and how it will impact the way we interact with each other.

That’s it from me today.

Talk to you next week and stay awesome,