Meet a Preteen with a “Bank Balance” Greater Than You-Cryptographic Expert 12 Years Old NFTOr irreplaceable tokens are trading for over £ 3m.
Benyamin Ahmed learned coding from his father when he was only five years old and soon fell in love with it.
However Bitcoin It started working last year when we released our own whale-themed NFT collection. This is a unique digital artwork that can be bought and sold.
His first sale of a colorful pixelated whale sold out in a few hours and earned him £ 110,000. This, combined with his other ventures, rose to £ 750,000 in a few months.
However, the schoolboy does not have a bank account and has not withdrawn a pound from his property.
It’s all tied to a cryptocurrency called Ethereum, and some argue that it can be worthless before investors even have time to withdraw.
But Benjamin, who lectured on NFTs at Oxford University, thinks it’s the future of currency, and he sits in the luck of a huge future.
Meet Preteen with a bigger “bank balance” than you-A 12 year old crypto expert who trades NFTs or non-fungible tokens for over £ 3m. Benyamin Ahmed learned coding from his father at the age of five and soon fell in love with it.
Benjamin’s Bitcoin started working last year when it released its own whale-themed NFT collection. This is a unique digital artwork that can be bought and sold.
His first sale of a colorful pixelated whale sold out in a few hours and earned him £ 110,000-together with his other ventures, it rose to £ 750,000 in a few months.
The kid genius said he was just in the game to build his skills and experience, so for now he plans to leave his fortune.
In total, his NFT collection has traded for over $ 5 million in total and has been sold many times by others.
And as they become more and more popular, that number continues to rise.
Benjamin from Pinner, Greater London, said:
“I don’t think everyone really understands that!
“But now many people know my story and I’m happy to see many people learning about NFTs thanks to me.
“I would like to continue to introduce NFT space to many people.”
Talking about his passion for making him a million now, Benjamin said he sees a “bright future” in the world of cryptography and NFTs.
He states: “I think the digital version will always perform best in all industries.
“With digital art, you get more usefulness and certification. You can go online to see where you came from.”
“Everyone has the same rights and permits as others.”
Benjamin and his younger brother Yusuf, 13, began learning coding at the age of only five from his father, Imran, who works in programming.
Benjamin and Yusuf’s mother, Meherin Ahmed, 40, is an elementary school teacher. Although she doesn’t work in the field of technology herself, Imran said she was a “great source of inspiration and support” for her sons.
As the wise Benjamin became more interested in NFTs as he grew older, Imran imposed daily coding challenges on his sons.
NFTs are unique digital assets that are bought and sold online in cryptocurrencies, and their popularity has grown significantly in recent months.
They can be anything from artwork to collectable cards and GIFs, but no two are the same. Therefore, you can track exactly where they came from, so you know they are original.
Buyers bombarded thousands and even millions in the process-hoping they would be even more valuable someday.
Benjamin and his younger brother Yusuf, 13, began learning coding at the age of only five from his dad Imran, who works in programming.
Benjamin’s father, Imran, said: Imran said:
What is an NFT?
What is an NFT?
A non-fungible token (NFT) is a unique digital token that is encrypted with the artist’s signature, verifies the ownership and credibility of the artist, and is permanently attached to the work.
What do they look like?
Most NFTs include digital artwork such as photos, videos, GIFs and music. In theory, all digital can be converted to NFT.
Where do you buy it?
Today, NFTs are most commonly sold in so-called “drop” timed online sales through blockchain-backed marketplaces such as Nifty Gateway, Opensea, and Rarible.
Why do I want to own it?
There are many reasons why someone wants to buy an NFT. NFTs are considered collector’s items, so for some people the reason may be emotional value. To others, they are seen as investment opportunities.
When was the NFT created?
Lighter and podcaster Andrew Steyn Wald The creation of the Colored Coins cryptocurrency dates back to 2012 the origin of NFTs. However, NFTs did not become mainstream until five years after the blockchain game CryptoKitties began selling virtual cats in 2017.
But while adults struggled to understand their values, the clever Benjamin jumped into the trend early on.
And after buying and selling some, he released his own series of NFTs called Weird Whales in July 2021.
The 3,350 colorful NFTs feature pixelated whales, initially priced at $ 60 per head.
However, as demand increased, so did the price. Some of the collections sold as much as $ 20,000 when they were at their highest value.
In total, his bizarre whale collection is currently trading for over $ 5 million.
He receives commissions every time he is resold, like royalties.
He also earns money from other people’s NFT transactions, adding to the value of Ethereum.
And so, Imran confirmed that Benyamin is now worth $ 1 million-about £ 750,000.
About 70% of his property is stored in a cryptocurrency called Ethereum, and the rest is stored in NFT assets.
Imran said:’For Benjamin, it wasn’t really about money, it was about gaining knowledge-but of course money is a bonus.
“He has never actually monetized money, so there is a risk of going to zero-but most analysts aren’t because they’re mostly held by good crypto, Bitcoin, and Ethereum. I believe.
“I’ve always wanted kids to find what you’re having fun with and invest as much time as you can in it while you’re young.
“It’s fascinating to him, and Benjamin is fortunate to be interested in this from such a young age.”
Benjamin eventually plans to convert his money from cryptocurrency to pounds and start his own business-although he still doesn’t know what it will be.
But for the time being, he is happy to leave his little fortune in his current location and help others.
“Many people have told me that they have begun to learn about NFTs for me.
“Not everyone in my school fully understands it-even some of the teachers-but my friends definitely know it and they congratulate me.”
Benjamin’s days are crammed with school, NFT collections and other projects, but his passion means he can adapt to everything.
He said:’As soon as I wake up, I go downstairs to check out Twitter, Discord, and the latest NFT and crypto news.
“I woke up first, but my mother came down later and had breakfast.
“I don’t take my phone to school or bedroom, so there’s a lot of downtime.
“School is really good, and I find it hard to get bored-I obviously enjoy math and computers, but I also love history and Latin.
Benyamin Ahmed of Pinner Green in London is the creator of the weird whales in the NFT collection.
Imran confirmed that Benjamin is currently worth $ 1 million-about £ 750,000.About 70% of his property remains stored in a cryptocurrency called Ethereum, and the rest is stored in NFT assets.
“After school, I usually spend a few hours doing my homework, then go back to Twitter and Discord to connect to the weird whale and NFT community.
“I complete one coding exercise, read a few pages, and live my daily life doing online math tasks.
“I’ve been doing this religiously with my brother for a while.
“Friday night I go to Taekwondo. It’s a weekend so it’s always hard, but it’s fun.”
On top of that, hard-working young people have a bright future and many projects are already underway.
He has already spoken at Oxford University about the future of the NFT world.
Young people are currently collaborating with designers on a new range of NFTs called non-alternative heroes featuring comic book-style heroes, villains, and gods.
The 8,888 NFT collection released last September sold out in minutes. They are trying to expand the franchise to comics and television with his help.
He is also working on a project called Workin Fintech, co-founded by Ying Cao, a former head of digital products at Barclays.
In this project, you will see a collection of NFTs sold to companies, and the money from the sales will be used for internships and work opportunities to introduce young people to the industry.
But despite his continued success, Benjamin remains humble-and Imran is increasingly proud of him every day.
He said:’That’s what Benjamin does every day-it’s his passion.
“I always said that if you do what you are interested in, you will never work a day in your life.
“I’m very happy that he gave me that advice.”