Nelson Mandela’s Original Arrest Warrant Sold for $130K as NFT

NFT

Non-fungible tokens continue to be used for some humanitarian reasons, and the latest example came from South Africa. A digital collection of Nelson Mandela’s original arrest warrant from over half a century ago was sold for more than $130,000 to fund a heritage site.

Mandela NFT sold for $130,000

Before becoming the first black president of South Africa, Nelson Mandela was part of a political organization (African National Congress – ANC), within which he became the head of the youth division of Johannesburg, then vice-president national.

The party’s goal was to fight against white supremacy and racial segregation. However, Nelson helped organize a paramilitary branch of the ANC to engage in guerrilla warfare after a massacre of black demonstrators in 1960.

He was first arrested for treason in 1961, later released, and imprisoned again in 1962 for leaving the country without a permit and inciting workers to strike. He spent almost 30 years of his life in prison and was released on February 11, 1990.

Fast-forward to March 2022, and his legacy continues in a digitalized form. A report from Bloomberg informed that his original arrest warrant was sold as a non-fungible token at an auction for 1.9 million rands ($130,000) to help fund a heritage site that shows the country’s struggles for democracy.

Museum heritage site Liliesleaf will receive the proceeds as it has also held the original document since 2004. The auction was conducted on an NFT marketplace – Momint – and its CEO said the funds will help “museum sites stay afloat”.

“They have been badly affected by the lack of tourism due to COVID. So this is a way to revitalize their flow and keep history alive.” – he added.

NFT for Ukraine

Regarding the struggle for freedom, fundraising for humanitarian reasons and NFTs, it is worth mentioning the recent actions of Ukraine.

Upon being invaded by Russia and its “special military operation,” the former Soviet state turned to unexpected measures to raise funds, including receiving over $100 million in crypto donations.

More recently, the country’s leaders have decided to portray the ongoing war as non-fungible tokens. They launched an NFT museum with the most memorable events of the conflict, which aims to become a place to celebrate “Ukrainian identity and freedom”. The museum will collect donations to help residents overcome these difficult times.

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