BizNews BizNews Radio

Momint's African record as bidders invest R8.1m at NFT auction - incl two Bored Apes; Mandela Arrest Warrant

Loading player...
While media headlines focused on the $130 000 which an expat based in the UAE paid for the digital version of Nelson Mandela's Arrest Warrant, there was a lot more to Momint's record auction of NFT's over the weekend. The Cape Town-headquartered business, whose co-founders include high profile businessman Rob Hersov, generated R8.1m from the Non Fungible Tokens sold on Saturday, including top price of R4.1m for one of the 10 000 Bored Ape NFTs. In this podcast, Momint CEO Ahren Posthumus explains why he believes the global NFT journey has only just begun - and unpacks why some people are investing heavily in the new asset class whose primary utility is in the metaverse. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Mar 2022 10AM English South Africa Investing · Business News

Other recent episodes

Rob Rose: The Competition Tribunal is holding South Africa back

A six-year delay, constitutional criticism, and allegations of misleading the court - Rob Rose’s investigation into South Africa’s Competition Tribunal raises serious questions about accountability and economic governance. In this hard-hitting discussion with Alec Hogg, Rose unpacks how regulatory paralysis, questionable decision-making, and a lack of consequences are undermining business…
10 Jun 5AM 19 min

Solly Moeng: Vote out “all these mad men and women in politics”...

In his latest interview with Chris Steyn, political commentator Solly Moeng comments on President Cyril Ramaphosa’s poor handling of the immigration (and other) crisis; the mysterious social media campaign to position Freedom Front Plus Minister of Correctional Services Pieter Groenewald as a future president; questions about the R30 million “donation”…
9 Jun 5AM 17 min
All episodes