UAE Gift Carpet for Pope Francis Turned into NFT, Sold for IDR 1.1 Billion

ABU DHABI, – The Pontifex carpet presented by the United Arab Emirates (UAE) to Pope Francis is enshrined as a non-fungible tokens (NFT) was then sold for aid to Afghanistan.

The NFT Pontifex carpet woven by the Afghan woman sold for 25 Ether or around US$ 81,886 (Rp 1.1 billion) on Friday (1/14/2022).

Launch Khaleej TimesThe carpet was given by the Crown Prince of Abu Dhabi Sheikh Mohamad Bin Zayed Al Nahyan Pope Francis in September 2016 during a visit to the Vatican.

At that time, the two met to discuss strengthening existing diplomatic relations and promoting inter-religious harmony.

Even though it has been enshrined as an NFT, the physical carpet measuring 272 centimeters long and 183 centimeters wide remains the property of Pope Francis.

“This is probably the most iconic NFT sold in the Middle East,” said Musfir Khawaja, co-founder of nftOne, a regional NFT marketplace headquartered Dubai International Finance Center (DIFC).

“Buyers will get a physical replica of the carpet in addition to an ornate gold frame on digital canvas with NFT on it,” continued Khawaja.

Proceeds from the sale will be used to help vulnerable families in Afghanistan during the harsh winter months.

NFT itself is a kind of non-exchangeable token, which is usually found in blockchain.

NFT has been around since 2014. Until early 2021, actually NFT has not been the subject of much discussion.

NFT immediately exploded after Twitter CEO Jack Dorsey sold his first tweet as NFT.

In Indonesia, NFT became a topic of discussion after a young man named Ghozali made billions of rupiah by selling NFT in his OpenSea account.

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