Do you even remember the time when you were 12-years old? Probably not. At this age, most of us were engaged in playing games free from worldly desires. Money was not even the goal and few might be getting pocket money but that’s not the case for everyone. Benyamin Ahmed is, however, earning $400,000 at the age of 12 just by NFT selling.
Read further to know how this young kid became rich.
How Did Benyamin Make Money Through NFT Selling?
via:thetelegraph
Benyamin’s father is a web developer and seeing him work on different programming languages raised his curiosity. He was only 5 when coding caught his attention and he started learning after school or during summer vacation.
He is well versed in HTML, CSS, and Javascript. That was not enough and young Benyamin came to know about NFT. It was in 2020 when he got introduced to non-fungible tokens, gradually it picked his interest and he tried something out-of-the-box.
Benyamin made his own collection using his skills and selling NFT with the help of his father and brother. He loves Minecraft games that inspired him to create ‘Minecraft Yee Haa’ his NFT asset. It took him hours and hours to create and code his first digital asset.
Also Read: Ethereum’s Co-Founder Doesn’t Find Crypto “A Safe Place”, Quits The Industry
Weird Whales Made Benyamin Ahmed Rich In 2 Months
via:todayin24english
However, it did not bring any fruitful results and was not bought by anyone. Though his aim was not to earn money, Benyamin did not give up and created ‘weird whales’. Soon it grabbed buyers’ attention and he earned around 80 ether.
The figure increased further and his total income reached $95,000 including resale marketing and royalty commission. His NFT collection is worth $350,000 which will level up to $50,000 at the month-end as per experts.
Young coder, Benyamin, is not interested in opening his physical bank account as of now and using the crypto wallet to keep his money. He has more NFT crypto projects lined up for the future that will boost his income.
Is NFT Selling Future Of Crypto Investors?
After bitcoin and cryptocurrency, NFT selling is going to boom market in near future but it comes with some legal issues of trademarks and ownership exchange. Moreover, the cost of transfer is a big issue that makes NFT a volatile asset.
Co-founder of CTO of Flipkick, James Cropcho, warns those in the crypto industry about future risks of NFT selling saying “If something terrible happens, it can’t be updated.”
Though it’s not dead completely one should be aware of risks, legal issues and pay attention to transactions to make money.