Monday, February 26, 2024

The Original Arrest Warrant Of Nelson Mandela Sold As NFT

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The Original arrest warrant of Nelson Mandela was sold as an NFT worth $130,000 in South Africa at a local heritage site as we are reading more in today’s latest cryptocurrency news.

The non-fungible tokens continue to be used for humanitarian reasons and the latest exam[le is coming from South Africa. The digital collection of the original arrest warrant of Nelson Mandela which is over half a century old was sold for $130,000 to fund a heritage site. Before becoming South Africa’s first black president, Mandela was a part of a political organization where he became a leader of Johannesburg’s youth division and then became deputy national president. His party’s goal was to fight against white supremacy and racial segregation but he helped organize a paramilitary branch and engage in guerilla warfare after a massacre of black demonstrations in 1960.

He got arrested for treason in 1961 before he was released and imprisoned again a year later for leaving the country without a permit and for inciting workers to go on strike. He spent the next 30 years of his life in prison and got released in 1990. in 2022, his legacy still continues in a digitalized form. According to Bloomberg reports, his original arrest warrant was sold at an auction as NFT for $140,000 in order to help fund a heritage site which shows the country’s struggle for democracy,

Google Filed For Non-Fungible , planet, nft, environment

The Liliesleaf Museum Heritage Site will receive the proceeds as it also held on the original document since 2004 and the auction was carried out by NFT market Momint while its CEO saying these funds will help the 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.”

When it comes to fighting for freedom, raising proceeds for humanitarian reasons, and NFTs, it is worth mentioning how Ukraine is battling for its freedom as well. Upon being attacked by Russia, the country turned to crypto and NFTs to raise funds including getting over $100 million in crypto donations. The country’s leaders also decided to show the war through a museum and via NFTs. The museum will collect donations and help locals overcome these difficult times.

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