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Nelson Mandela’s Arrest Warrant NFT Sold for $130,550 to UAE Buyer

Published 03/28/2022, 08:03 AM
Updated 03/28/2022, 08:30 AM
Nelson Mandela’s Arrest Warrant NFT Sold for $130,550 to UAE Buyer

  • Nelson Mandela’s original arrest warrant was turned into an NFT and bought by an online buyer from the United Arab Emirates.
  • The NFT was sold for 1.9 million rands of $130,550.
  • The proceeds would go towards the Liliesleaf Museum Heritage Site which documents South Africa’s struggle for democracy.

Nelson Mandela’s original arrest warrant was minted into an NFT and sold for 1.9 million rands ($130,550) to an online buyer based in the United Arab Emirates. The NFT was auctioned for the cause of funding a heritage site documenting South Africa’s struggle for democracy. In detail, the proceeds will go toward the Liliesleaf Museum Heritage Site which received the arrest warrant in 2004 as a donation.

The digital auctioneer – Momint’s – Chief Executive Officer Ahren Posthumus said that the proceeds will keep Liliesleaf museum 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,” Posthumus added.

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