![]() ![]() Many works of art are being sold this way now. Non-fungible tokens (NFTs) are certificates of authenticity associated with a virtual object that are theoretically unique and non-piratable. So I am relatively privileged and honoured and I actually made my mind up before the time, before the auction started that that's the one I wanted", explained Charl Jacobs, the new owner of the virtual horn. "If worst-case scenario, if rhinos go into complete disarray then I would still own a rhino horn, because the NFT is a token of the physical rhino horn. The virtual horn was sold to a local businessman for just under $7,000.00. There aren't many ways to fund that, historically those of us in the private conservation space have simply paid out of our own pockets", said Derek Lewitton, rhino conservation farmer, Black Rock Rhino Farm. But it costs a fortune - if you don't want to get poached you have to spend a ton in terms of manpower and security infrastructure, and this a way to help us fund that. ![]() ![]() So it's a really important conservation project. "We have rhinos on the reserve, they are protected and given space to be breed and we are doubling our population every four years or so. ![]()
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