CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Cryptopolitan 2021-08-26 20:54:00

12-year-old boy sells NFTs collection for $350,000

TL;DR Breakdown • Benyamin Ahmed presented his NFTs collection “Weird Whales,” selling in less than 9 hours.• The market for non-fungible tokens is preparing for the next collection to be displayed. Benyamin Ahmed, a boy of only 12 years old, is a trend for participating in the NFTs market and making a lot of money. Cryptocurrencies have brought many profits to their enthusiasts; they are not limited by age, nationality, or level of education. In July, little Benyamin sold his NFTs collection called “Weird Whales” at a fair price. Over time the young boy earned $350,000, and by the end of August, he has earned close to a total of $400,000. Benyamin Ahmed’s NFT’s collection Benyamin Ahmed NFT’s collection auction was finished in less than 9 hours. The auction was valued at 80 Ethereum, which at the time was worth $248,000 each. The boy also obtained a 2.5 percent commission when the NFTs are sold on the market, giving him a profit of 30 Ether. Altogether, Benyamin earned $343,640 at today’s market price. His profit was very good as he spent only $300 for gas fees and the cost for interacting with the Ethereum Blockchain network. To create non-fungible tokens, the person must invest money in the Blockchain network. What is most surprising about this story is that young Benyamin doubts his abilities as an artist despite winning about $350,000 at the auction. The young man told a t...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.