Photo sourced from the Oxford Mail
Benyamin Ahmed is no ordinary school boy; he’s a 12 year old who is sitting on a crypto currency fortune after selling his self created collection of art NFTs.
If that sounds like gobbledegook to you, you’re not alone.
I wasn’t really sure what NFTs were at first, but there are a lot of people making a lot of money from them and so I am currently studying the NFT industry with a large magnifying glass.
Benyamin started to learn computer coding at the age of 5. To further his education in the computer coding sciences, he sets himself two challenges each day.
One of those challenges was to learn how to create simple digital images and turn them into NFTs – Non Fungible Tokens.
Non Fungible Tokens means that each piece of art is unique and that it is a sellable asset.
For whatever reason, and I’m still a little unsure as to why people do this – people buy and collect these simple pieces of artwork.
Think cigarette cards for the new generation.
Where cigarette card collectors kept their most prized and most valuable cards safe in a protective book, NFT collectors keep their collections in secure online wallets.
Collectors and investors spend a lot of money acquiring NFTs. They build collections, and when those pieces of art go up in value, they sell them for a substantial profit.
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As part of his learning, Benyamin has created several collections of artwork. His first collection featured 3,350 computer generated images of whales wearing different items of clothing or accessories… I know! I never said it made any sense!
The collection, called Weird Whales, was snapped up fast by collectors and investors for around £110,000.
Initially selling at $60 (£49.56 at time of writing) a piece, when demand rose, so did the price with some images selling for $20,000 – £16,521 each.
Another of Benyamin’s collections which had 8,888 images sold out within minutes.
Benyamin’s artwork has been resold and has generated somewhere in the field of £4.1 million in sales for investors and collectors. He gets a commission every time his artwork is resold.
As well as a creator of NFTs, he is an NFT trader buying and selling other people’s art.
Because of the digital nature of NFTs, they are bought and sold using crypto currencies.
So far Benyamin hasn’t cashed out any of his personal fortune which is now believed to be over £750,000.
There is a risk that his £750,000 fortune could plummet and end up with zero worth, but he and many other crypto analysts believe that won’t happen as it is largely held in blue chip cryptos, Bitcoin and Ethereum.
Because of his success and knowledge, Benyamin has given lectures about the world of NFTs at esteemed places such as Oxford University.
There is an incredibly bright future ahead for Benyamin.
Not only has he got the skills to create profitable NFTs as well as know how to buy and sell them, he is also sitting on a crypto pot which could potentially be worth millions by the time he hits 18 years of age.
I get the feeling that this isn’t the last we will see of Benyamin.
One thing I have learned about NFTs is that anyone can buy new pieces of art when they are released which then can be sold on for a lot of money.
For example; when Benyamin released his first collection, people were paying £50 for them, the price increased to £16,500.
Had you bought one or several at the start for £50 each… you probably could have resold them for several thousands on that very same day.
If you bought one or two and sat on them for a few days, weeks or months, you could have sold them for thousands. Benyamin’s work is popular and has since generated over £4.1 million in sales.
Benyamin is not the only person to create and release NFT artwork; there are loads of new NFTs entering the market. It is a growing market worth a lot of money.
Last year, one NFT market platform saw $3 billion in transactions in the month of August alone.
Trading NFTs has become big business; and it has made fortunes, big and small, for many ordinary people.
I shall be looking deeper into NFT trading and I shall bring your more information about it in the not too distant future.
If you are interested in the new digital age and all things NFT and crypto, let me remind you that our Crypto Sniper product is similar to what I have talked about today but instead of buying and selling NFT artwork, you buy and sell newly released crypto coins.
Our friend Carl Wilkins has made himself a respectful amount of money buying and selling newly released crypto coins.
A £50 investment can soon become £5,000 if you know which coins to buy.
If you would like to know how to invest in new crypto coins and makes thousands of pounds in return, click the link below:
The Crypto Sniper
Kind Regards
John Harrison
PS… You don’t need any prior knowledge…
Carl will teach you absolutely everything you need to know starting from the absolute basics in a clear and concise way. You’ll be left in absolutely no doubts what to do and when to do it.
Plus, you don’t need much in the way of capital to do this…
If you’ve got £100-£200 kicking around you can easily get started with that. It’s very easy to take a small sum like this, spread it across lots of different opportunities, and multiply it up over and over again. Before you know it, you can be sitting on a small fortune.
To learn more go to: