NFT of Nelson Mandela’s Arrest Warrant Sells for $130,000

Only a few days after the auction, a NFT of Nelson Mandela’s arrest warrant sold for $130,000. The bidding started at just below one bitcoin and went on to climb past five bitcoins by the time it was bought.

For $130,000, the original warrant for Nelson Mandela’s arrest was sold as an NFT. The digital continuance of the icon’s history is the latest illustration of how blockchain technology can be used to benefit humanitarian causes, with all sales proceeds going to The Liliesleaf Museum Heritage Site.

Aside from the NFT, the bearer will also have unique access to the original document, which was given to The Liliesleaf Museum in 2004.

The Liliesleaf Museum Heritage Site is based on Liliesleaf Farm, a location outside Johannesburg that functioned as the African National Congress’s secret headquarters. Many of Mandela’s and other party officials were detained here in 1963, a year after Mandela’s second incarceration. The farm was reopened to tourists when apartheid ended, and it has since acted as a designated location for highlighting the country’s democratic fight.

“They have been significantly impacted by the absence of tourists owing to COVID,” said Ahren Posthumus, CEO of Momint, the NFT’s auction site, in regards to what the financial infusion would do for the historic site. As a result, this is a means to re-energize their flow while also preserving history.”

The NFT sale isn’t the museum’s first blockchain benefactor; last year, the institution collected roughly $50,000 from the auction of an NFT of a pen pistol held by Nelson Mandela’s fellow liberation fighter, Oliver Tambo.

 

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