Mandela arrest-warrant NFT auction raises R1.9 million

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Mandela arrest-warrant NFT auction raises R1.9 million
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Mandela arrest-warrant NFT raises R1.9 million in auction

A non-fungible token created from Nelson Mandela’s original arrest warrant raised 1.9 million rand in an auction to help fund a heritage site that documents South Africa’s struggle for democracy.

Proceeds from the sale will go toward the Liliesleaf Museum Heritage Site, which received the original document in 2004 as a donation, said Ahren Posthumus, chief executive officer ofLast year the museum received about $50,000 following an auction of a NFT of a pen gun owned by fellow freedom fighter Oliver Tambo.

The buyer of the NFT will have exclusive access to the original document at Liliesleaf Museum, Posthumus said. “The ink is visible through the paper” of the high-definition scan, he said.

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