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12-year-old NFT creator ‘Weird Whales’ set to raise $ 400,000 in ether – Bitcoin News

The non-fungible token (NFT) industry has taken the world by storm and a number of artists are making six to seven digits from NFT collections. One particular creator of NFT is 12-year-old Benyamin Ahmed from London, who organized a project called “Weird Whales,” an NFT collection that features 3,350 pixelated whales. After launching the project, the young software engineer raked in $ 350,000 in ether.

Benyamin Ahmed predicts he will earn $ 400,000 with his NFT “Weird Whales” collection

This week, CNBC media interviewed a 12-year-old boy who made $ 250,000 after starting a project called “Strange whales. Benyamin Ahmed, who started coding at the age of five, has also collected 30 ethers worth over $ 95,000 through royalties from the Weird Whales. Every time a whale is sold, Ahmed gets 2.5% on each secondary sale.

12-Year-Old NFT Creator 'Weird Whales' Set to Raise $ 400,000 Ether

Weird Whales is similar to NFT projects like Cryptopunks and Bored Ape Yacht Club (BAYC) as there are only 3,350 pixelated whales in the collection. The whale-inspired NFT collection is Ahmed’s second NFT venture as he launched another project called Minecraft Yee Haa. Ahmed watched his father work as a web developer and the 12-year-old learned HTML and CSS, as well as JavaScript.

“I heard about NFT for the first time this year,” Ahmed said in his interview. “I am fascinated by NFTs because you can easily transfer the ownership of an NFT through the blockchain. “

Project Weird Whales costs just $ 300 in ether transaction fees

Ahmed explains that he does not use a bank account to store his wealth and told CNBC he uses a cryptocurrency wallet. “I plan to keep all of my ether and not convert it to fiat currency,” Ahmed said. “This could be the first proof that in the future, maybe not everyone [need] a bank account and just has an ether address and a wallet. He further explained that at some point he could open a bank account to file taxes.

12-Year-Old NFT Creator 'Weird Whales' Set to Raise $ 400,000 Ether

The boy also spent a lot of time playing Minecraft and he created a lot of original material. NFT projects were born from this trend “after spending too many hours playing Minecraft”. Ahmed said he plans to make more NFT collections and he thinks memes are very powerful. “I think memes have significant value in this space, as a lot of projects have some sort of connection to memes,” Ahmed concluded. “I think memes play a big part in this space.”

To date, Ahmed has made around $ 350,000 in Ether and expects the projected total to be around $ 400,000. Ahmed said the initial capital to start the project was around $ 300 in ETH costs.

Tags in this story

$ 350,000, $ 400,000, 12 years old, Benyamin Ahmed, Fees ETH, Ether, Ethereum, Ethereum (ETH), London, Memes, Minecraft, nft, NFT art, NFT collection, NFT whales, NFT, non-fungible token, Royalties , Weird Whales, Weird Whales NFTs, young developer, young programmer

What do you think of 12 year old programmer Benyamin Ahmed and his Weird Whales NFT project? Let us know what you think of this topic in the comments section below.

Jamie redman

Jamie Redman is Head of News at Bitcoin.com News and a FinTech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code, and decentralized applications. As of September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.




Image credits: Shutterstock, Pixabay, Wiki Commons, Strange Whales, Raritysniper.com, Twitter,

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