First rhino horn NFT sold for $7000 at auction in South Africa

  • A digital replica of a rhino horn was sold at an auction in South Africa late Thursday, as conservationists tapped into the craze for NFTs to raise money to protect real rhinos.
  • The NFT technology also allows a beneficiary to receive commissions from future sales, so if Jacobs sells his NFT in the future, Black Rock Rhino would receive a portion of that sale.
  • Poachers killed at least 249 rhinos in South Africa during the first six months of the year – 83 more than in the first half of 2020.
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