This 12-Year-Old Boy Has Made $400,000 By Selling NFTs
Crypto News

This 12-Year-Old Boy Has Made $400,000 By Selling NFTs

2m
Created 1yr ago, last updated 1yr ago

His 'what I did over the summer holidays' presentation is going to be interesting.

This 12-Year-Old Boy Has Made $400,000 By Selling NFTs

Table of Contents

For most young boys, the summer holidays involve long lie-ins and endless hours of playing Minecraft.

But Benyamin Ahmed, a 12-year-old from London, had different ideas — and has made £290,000 ($400,000) by creating his very own NFT collection.

Weird Whales features 3,350 pixelated designs of animals in an array of designs, each with their own distinctive traits.

Benyamin told the BBC that his friends at school are unaware of how much crypto he has made — and now, he’s setting his sights on a new collection featuring superheroes, as well as an “underwater game” starring the whales.

He was encouraged to take up coding at the age of five by his father Imran, who works as a software developer. Benyamin told technology reporter Zoe Kleinman:

My advice to other children that maybe want to get into this space is don't force yourself to do coding, maybe because you get peer pressured - just as if you like cooking, do cooking, if you like dancing, do dances, just do it to the best of your ability."

A Fast-Moving Industry 

There’s never any shortage of NFT news around.

Today, the electronic music producer deadmau5 announced that he was launching a second collection of digital collections on the WAX blockchain — hot on the heels of a drop last December.

Japan’s answer to Amazon, Rakuten, has also unveiled a vague job description that suggests it may be beginning to look at NFTs more seriously.

And last week, Visa unveiled an upbeat whitepaper concerning non-fungible tokens. The payments giant said fascinating use cases for these digital assets are emerging all of the time, and NFTs have “vast potential” in the worlds of sport and entertainment.

The company recently announced that it had purchased a CryptoPunk, spending more than $150,000 in ETH. Visa’s head of crypto, Cuy Sheffield, described this collection as a “cultural icon for the crypto community.”

8 people liked this article