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Nelson Mandela’s Original Arrest Warrant Minted as NFT Raises $130,000 in Auction

April 1, 2022
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Nelson Mandela’s Original Arrest Warrant Minted as NFT Raises $130,000 in Auction
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Nobel Peace Prize awardee and former South African president Nelson Mandela’s authentic arrest warrant that was minted as a non-fungible token (NFT) has raised $130,000 (roughly Rs. 99 lakh) in an public sale aimed to fund a heritage website that paperwork South Africa’s wrestle for democracy. Based on Posthumus, chief government officer of Momint — {the marketplace} for NFTs that offered the Mandela merchandise, the proceeds from the sale will go in the direction of the Liliesleaf Museum heritage website which acquired the unique doc in 2004 as a donation.

Describing the deal as a strategy to revitalise their move and maintain historical past alive, Ahren in an interview with Bloomberg, mentioned the deal will assist the museum websites keep afloat as they’ve been badly affected by the shortage of tourism as a result of pandemic. Based on him, the customer of the NFT may also have unique entry to the unique doc at Liliesleaf Museum — that paperwork the nation’s wrestle for democracy, noting that the ink is seen by means of the paper of the high-definition scan.

“That is actually a novel and novel manner of producing earnings,” Liliesleaf Farm museum founder, Nicholas Wolpe advised AFP. The unique doc, dated 1961, now yellowed, with deformed edges and bearing staple holes on one aspect, is handwritten in each English and Afrikaans. It has been stored on the Liliesleaf Farm heritage website archives in Johannesburg since round 2006, mentioned Wolpe.

Liliesleaf Farm, then on the outskirts of the South African metropolis of Johannesburg, was used as the key headquarters of the African Nationwide Congress from 1961 and was the place Mandela and different celebration leaders hid from authorities. Main activists have been arrested there throughout a raid by police in 1963.

Final November, a pen gun owned by late South African freedom fighter Oliver Tambo was auctioned as an NFT to lift funds for the Liliesleaf Museum.

NFTs have soared in reputation in latest months, with caricatures of monkeys and lions commanding costs within the hundreds of thousands of {dollars}. Sports activities golf equipment, status automakers and even pop stars are amongst these entering into the buzzing enterprise, which makes use of blockchain know-how to authenticate distinctive possession tokens connected to in any other case reproducible digital belongings.


Cryptocurrency is an unregulated digital foreign money, not a authorized tender and topic to market dangers. The knowledge offered within the article shouldn’t be supposed to be and doesn’t represent monetary recommendation, buying and selling recommendation or some other recommendation or advice of any kind provided or endorsed by NDTV. NDTV shall not be accountable for any loss arising from any funding based mostly on any perceived advice, forecast or some other data contained within the article.

Source: NDTV

Tags: nelson mandelanelson mandela arrest warrant nft fundraise liliesleaf heritage site cryptocurrencynftsouth africa
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