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a 12-year-old schoolboy earned millions on cryptocurrency tokens

8:23 pm, January 21, 2023

Benjamin Ahmed, a schoolboy from London, became a millionaire at the age of 12, thanks to the successful sale of his NFT collection. The boy started programming at the age of five. At first, Benjamin studied HTML and CSS, and later improved his skills by programming in JavaScript. And two years ago, NFTs and smart contracts attracted his attention.

The first collection of NFTs that the young programmer created last summer consisted of 40 colorful pixelated avatars called Minecraft Yee Haa. Benjamin was inspired to create the tokens by the Minecraft video game — he created the images and coded each of them himself.

Last June, he started coding the second NFT collection called Weird Whales. It features 3350 pixel whales, each with unique features. According to his father, Benjamin received the coding template as a gift from the developers of the NFT project Boring Bananas.

The entire collection was sold out in just nine hours after the launch, and the 12-year-old author earned more than 80 ETH per day ($ 132,786 at the current exchange rate). A little later, the schoolboy earned another 30 ETH (almost $ 50,000 at the current exchange rate).

«My entire Weird Whales collection was sold for 2000 ETH, which is more than £2 million today. 75% of NFT projects never trade above 10 ETH. My own collection is part of a group of selective NFT projects, which I am very proud of. This is a historic event — I have become the youngest person in the world to launch a digital collection,» Benjamin said.

As of now, he receives 2.5% royalties from each resale of Weird Whales tokens. The young programmer does not want to convert his cryptocurrency into fiat, and in the future he plans to create an NFT collection of memes.

«If people buy Weird Whales, they are investing in me and my future,» says Ahmed Jr. «If I continue to program and create NFTs, I can become as famous as Elon Musk and Jeff Bezos

As a reminder, the sales volume of Donald Trump’s NFT collection Trump Digital Trading Cards grew by 800% per day. Despite the fact that many people called the images depicting the 45th US president in different guises ridiculous, they have begun to be actively bought again. The crypto community suggests that the new boom in tokens was caused by the return of the scandalous politician to social media.

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