The digital version of the document will be sold to the highest bidder by an African NFT marketplace Momint.
Based on a report by a local news outlet, the 61-year-old document of Nelson Mandela’s arrest, which was being held at a now-defunct Liliesleaf Farm museum, will be sold as an NFT to raise funds for the museum’s reestablishment.
Liliesleaf is known for being a safe house where the police found incriminating documents on Mandela, resulting in his prosecution. Nicholas Wolpe, who is the current CEO of the defunct museum, claimed that he had obtained the document of Mandela’s arrest back in 2007.
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One of the reasons behind digitizing the original document, according to Momint’s spokesperson Kabelo Kgobisa, was because the document will eventually deteriorate, but, in the digital world, it will remain completely intact.
He says that it will become one of the first "heritage NFTs to have been created in South Africa", and will hopefully gather interest from collectors after the success of an earlier NFT auction that had a digital version of Oliver Tambo’s Pen Gun.
Nelson Mandela’s arrest warrant will be listed on Saturday, March 26th, in Granger Bay, at the Grand Africa Café and Beach. Bids for the digital version of the document are already open on the Momint NFT marketplace, with the price starting at R900,000 (approximately $60K).
While there haven’t been many artifacts and documents sold as NFTs, several auction houses have managed to list expensive items that were sold for hefty amounts of crypto. Back in February, the world’s largest diamond titled the Enigma was sold for $4.3M in cryptocurrencies to the CEO of PulseX Richard Heart.