A non-fungible token created from Nelson Mandela’s original arrest warrant raised R1.9m in an auction to help fund a heritage site that documents SA's struggle for democracy.
Mandela, the anti-apartheid activist who emerged from 27 years in prison to become SA's first Black president, was arrested in 1962 for conspiring to overthrow the White-minority government.
Proceeds from the sale will go towards the Liliesleaf Museum Heritage Site, which received the original document in 2004 as a donation, said Ahren Posthumus, CEO of Momint, the marketplace for NFTs that sold the Mandela item. Last year the museum received about R720,000 after an auction of an NFT of a pen gun owned by fellow freedom fighter Oliver Tambo.
This helps the “museum sites stay afloat,” Posthumus said in an interview. “They have been badly affected by the lack of tourism due to Covid-19. So this is a way to revitalise their flow and keep history alive.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mandela arrest-warrant NFT auction raises R1.9 millionA non-fungible token created from Nelson Mandela’s original arrest warrant raised 1.9 million rand in an auction.
Read more »
Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m.
Read more »
Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m.
Read more »
Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m.
Read more »
NUM, AMCU demand R1,000 wage increaseNUM and AMCU join together to force mining bosses to give them a R1,000 increase, among other improvements.
Read more »
Anglo sells remaining Thungela Resources stake in R1.67bn dealAnglo American first spun off Thungela in June 2021 as part of its commitment to be carbon neutral across its operations by 2040
Read more »