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Former President Nelson Mandela’s arrest warrant NFT was sold for R1.9 million

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Former President Nelson Mandela

Nelson Mandela has proven to be very popular in the Non-Fungible Token (NFT) space in a recent auction.

At the auction, an NFT version of anti-apartheid icon Nelson Mandela’s arrest warrant raised R 1,9 million, with funds going to a museum dedicated to the history of South Africa’s anti-apartheid struggle.

The 61-year-old arrest warrant was auctioned by South Africa’s first NFT platform called Momint.

According to Ahren Posthumus, CEO of the digital auctioneer Momint, The reserve price at the Saturday night’s auction in Cape Town was R900,000, but the non-fungible tokens or NFT, “sold for R1.9 million via a buyer online,”

The original document, dated 1961, is handwritten in both English and Afrikaans and is now yellowed, with rough edges and staple holes on one side.

Since 2006, it has been housed at the Liliesleaf Farm historic site archives in Johannesburg.

The company has made a name for itself by turning South African historical artefacts into NFTs and auctioning them off. In November 2021, they auctioned off an NFT digital image made from the spy pen-gun of another apartheid struggle legend, Oliver Reginald Tambo.

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