First rhino horn NFT sold at auction in South Africa

To support rhino conservation, an organisation is auctioning rhino horns – digital ones in the form of NFTs – while the physical horn remains off the market. — REUTERS

A digital replica of a rhino horn sold at an auction in South Africa late Thursday, as conservationists tapped into the craze for NFTs to raise money to protect real rhinos.

Cape Town businessman Charl Jacobs paid 105,000 rand (RM28,592) for the digital horn, which he said he plans to place into a trust for his children.