Posted on 07/24/2021 at 04:00 PM by Sadye Scott-Hainchek
Novelist Dumani Mandela is auctioning off NFTs for two of his novels, as a way to raise money for a mental-health care app.
(And yes, if you were wondering, he is related to the late Nelson Mandela — the Nobel Peace Prize winner and former president of South Africa was his grandfather.)
NFTs, or nonfungible tokens, are digital assets that enable their owner to be the sole possessor of something, like a work of art.
Reuters has a more technical but still accessible explanation of NFTs, if you’re interested.
Categories: Today in Books