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NFT Version of Nelson Mandela's Arrest Letter Sold for IDR 1.87 Billion!

The warrant for Nelson Mandela’s arrest was made into an NFT and sold for US$130,000 or equivalent to Rp. 1.87 billion in an auction held on Monday (28/3).

Quoted from Wikipedia, the man whose real name is Nelson Rolihlahla Mandela is an anti-apartheid activist and South African politician who served as South Africa’s first black President from 1994 to 1999.

In 1962, Nelson Mandela was convicted of being involved in a movement to overthrow the white minority government in South Africa. As a result, Mandela had to languish behind the cold iron bars for 27 years.

To commemorate his services to South Africa, several related parties have made the warrant for Nelson Mandela’s arrest as a Non-Fungible Token (NFT).

NFT in the form of a warrant for the arrest of Nelson Mandela sells for IDR 1.87 billion!

Reported from Gulf NewsAhren Posthumus as CEO of the NFT marketplace, Momint, said that all the proceeds from the sale of the NFT will be donated to the Liliesleaf Museum Heritage Site.

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He did this because the museum’s visitors had decreased drastically since the COVID-19 storm that had hit the whole world. It is hoped that the entire sale of NFT, which reached Rp 1.87 billion, can help the museum continue to operate.

For information, the Liliesleaf museum itself has obtained the original document of Nelson Mandela’s arrest warrant in 2004 and until now it is still neatly stored.

NFT Nelson Mandela
Photo: Cryptofiles

“This helps the museum site stay afloat. Covid has greatly affected tourism. So this is a way to revitalize income and keep history alive,” said Ahren Posthumus.

According to reliable sources, the digital token was purchased by a person based in the United Arab Emirates (UAE). In this way, the buyer can see the original documents from the arrest of Nelson Mandela which have been stored in the Liliesleaf Museum.

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“The ink will be visible through the paper with a high-grade scan,” said Ahren Posthumus.