Gift sold to Pope Francis, since $ 80,000 for Afghanistan collects -

Gift sold to Pope Francis, since $ 80,000 for Afghanistan collects -

A carpet that the United Arab Emirates had presented as a gift to the head of the Catholic Church a few years ago was sold in the form of NFT. While the original remains in the Vatican, his digital representation was successfully used to collect donations for people in Afghanistan.

nft of historic carpet sold for 25 eth

The Pontifex carpet was given to Pope Francis during a visit to the crown prince of Abu Dhabi, sheikh Mohamad Bin Zayed Al Nahyan. In September 2016, the two met to discuss the strengthening of diplomatic relationships between the VAE and the Vatican as well as the promotion of interreligious harmony.

On Friday there is a non-fungi token ( nft ), which was sold for 25 ETH , almost 82,000 US dollars, reported the Khaleej Times based in Dubai. The money The sale is used to endangered families in Afghanistan to support cold winter months.

Gift to Pope 80,000 US dollar for Afghanistan collects
Pontifex-carpet. Source: Khaleej Times

The head of the Catholic Church keeps the physical version of the carpet, which was woven by Afghan women. The buyer of the NFT receives a reduced replica of the original, which from Zuleya, the retail arm of the Fatima bint Mohamed bin zayed initiative ( fbmi ).

The initiative was founded in 2010 to change the hard life of women and children in Afghanistan. FBMI invests in health care, education and a number of social and economic reforms. It also offers employment in art, craft and agriculture.

Maywand Jabarkhyl, Chief Executive from FBMI, described the NFT sale as a "decisive step forward" for the initiative. It would enable his team to present its designs to a global audience and also open new sources of income for local craftsmen in Afghanistan.

"This is perhaps the most iconic NFT that is sold in the Middle East," said Musfir Khawaja, co -founder of NFTONE, a marketplace based in the Dubai International Financial Center, which has listed the NFT. "The buyer receives the physical replica of the carpet next to a decorated gold frame on a 165 cm digital canvas on which the NFT is loaded," he said.

The token is one of six pieces that are shown on the Abu Dhabi Art Fair, in addition to some of the best contemporary works of art in the world, the report added. Zuleya recreated the carpet in cooperation with the Morrow Collective NFT platform as a NFT.

NFTS that offer a unique way to reproduce digital files such as photos, videos and audio and save them on a blockchain to demonstrate authenticity and property has been around for some time, but their popularity began to grow in 2020. A recently published report by Reuters announced that the NFT turnover reached $ 25 billion in 2021.

Do you support NFT initiatives like the one described in the article? Share your thoughts on this topic in the comment area below.

lubomir Taskensev

lubomir Taskensev is a journalist from the technically experienced Eastern Europe, to the Hitchen's quote: "To be a writer is what I am and not what I do." In addition to crypto, blockchain and fintech, international politics and business are two other sources of inspiration.


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