“I have been working closely with the NFH team since the beginning,” Ahmed says. “The Weird Whales community has taught me a lot about what works and doesn’t work, and so I brought the experiences I had there with me.”
For his work on NFH, Ahmed says he received a percentage of the initial sales made after the launch, but declined to disclose the amount.
This wasn’t a “quick cash grab” for Ahmed. “We’re building something that we believe is going to have the potential to disrupt the entire media and entertainment industry,” he says, referring to the NFH project’s overall goal to become “the first NFT project to make it to a theater near you.”
“It is a crowdsourced, real-time, incredible example of how the power of Web3.0 can impact the media and entertainment industry,” Ahmed says.
Nft whale 12 year old
Benyamin Ahmed is not spending summer vacation like his classmates.
On Monday, from his computer in Pinner, near London, the 12-year-old announced the launch of “Weird Whales,” an NFT project featuring 3,350 programmatically-generated pixel whales.
Each whale, with “traits” ranging from top hats to tobacco pipes, could be “minted,” or purchased at random, for 0.02 ETH (~$40 USD). Ahmed coded the project with help from his father Imran, a developer who introduced him to programming when he was five years old.
Within 9 hours, the project sold out, resulting in approximately $160k USD of sales.
12 year old boy nft whale
We did some work on the website and the smart contract and posted a thread on Twitter.”
The collection launched in July and entirely sold out within nine hours, making Ahmed over 80 ether in a single day. As of this writing, that’s worth over $250,000.
He’s earned an additional 30 ether from the 2.5 percent royalty fee he makes on each resale.
Ahmed’s crypto wallet address confirms his recent accumulation of ether and shows he’s made over $350,000 so far. He told CNBC he thinks he’ll make over $400,000 by the end of the month.
“I plan to keep all my ether and not convert it to fiat money,” Ahmed told the outlet.
12 year old whale nft collection
For the whales, I just wanted to play around with the generating images python script, I didn’t expect them to come out looking so clean and nice!
What was going through your head when you sold out and your thread went viral?
I felt too excited. I noticed sales started increasing as soon as Vee from Boring Bananas tweeted about it. I still didn’t think that all would sell out on the same day.
What does the future hold for you in the NFT space?
I’ll be back at school soon, so I will have less time, but I would like to work on another project as a developer with an artist.
Bbc 12 year old nft whale
What brought so much attention to this collection was the creator, being such a young creator is commendable.
A key thing to mention is that the team over at Boring Bananas helped Benyamin with the python script to put together traits, Vee helped Benyamin while he was setting up the whale project, and supported him all the way till launch.
I’ve interviewed him and this is what he had to say:
When did you start your coding journey?
I started coding around the ages of 5/6. My dad is a programmer so he spends a lot of time on his computer, so I just sit next to him using my laptop. I started with HTML, CSS and Bootstrap.
What led you to find out about NFTs?
I can’t remember how I exactly discovered it but I knew it was related to Bitcoin and Ethereum.
People are spending millions of dollars on NFT collectibles that include sports trading cards, digital houses, augmented reality trainers, music and video games. For instance, an NFT of Twitter chief executive Jack Dorsey’s first tweet sold for about $3m.
NFT sales volume surged more than eight-fold to $10.7 billion in the third quarter of 2021, up 704 per cent over the previous three-month period to the end of June, according to data from market tracker DappRadar.
Sales volumes recorded on OpenSea, the largest NFT trading platform, hit $3.4bn in August, according to DappRadar. In January 2021, the monthly volume recorded on the platform was more than $8m.
“Contrary to common belief, one does not necessarily require coding or programme development skills to make an NFT.
Nft whale 12 year old girls
NFTs – one-of-a-kind digital artworks which can be bought and sold.
His first sale of colourful pixelated whales sold out in hours and netted him £110,000 – a fortune which, combined with his other ventures, has risen to £750,000 in a matter of months.
The schoolboy doesn’t have a bank account though, and hasn’t withdrawn a single pound from his fortune.
It’s all tied up in a cryptocurrency called Ethereum, which some argue could become worthless before investors even have time to withdraw.
But Benjamin – who has lectured at Oxford University on NFTs – reckons it’s the future of currency, and he’s sitting on a huge future fortune.
Meet the pre-teen whose ‘bank balance’ is bigger than yours – a 12-year-old crypto expert whose NFTs, or non-fungible tokens, have traded for more than £3 MILLION.
Nft whale 12 year old man
Year-Old ‘Weird Whales’ NFT Creator Set to Rake in $400K Worth of Ether
The non-fungible token (NFT) industry has taken the world by storm and a number of artists are making six to seven figures from NFT collections. One particular NFT creator is 12-year-old Benyamin Ahmed from London who curated a project called “Weird Whales,” an NFT collection that features 3,350 pixelated whales. After the project launch, the young software engineer raked in $350K worth of ether.
Benyamin Ahmed Projects He Will Make $400K With His ‘Weird Whales’ NFT Collection
This week, the news outlet CNBC interviewed a 12-year-old boy who has earned $250K after launching a project called “Weird Whales.” Benyamin Ahmed, who started coding at age five, also collected 30 ether worth more than $95K from the Weird Whales’ royalties.
Nft whale 12 year olde
Web3.0 is a decentralized iteration of the internet that powers applications that run on the Ethereum blockchain, like most NFTs.)
To fund this vision, the NFH team has saved most of its revenue and plan to use it to grow the business and the property, Ahmed says. In addition to its initial collection sale, NFH earns a 5% royalty each time one of its NFTs is resold, making secondary sales an ongoing stream of income for the project.
Although he has been financially successful in the NFT world, Ahmed says one of the most valuable aspects of NFH and the space overall is the community.
“This is key for all successful NFT projects,” he says. “Crypto is quite often seen as an exclusive club for coders and traders.
Nft whale 12 year older
Whale NFTs, recently sold for around $6,000 on the secondary market.
Ahmed’s father, Imran, works as a web developer for a financial services organization; he introduced Benyamin to HTML and CSS at the age of “5 or 6.” Recently, Benyamin’s been honing his skills on an online coding platform called Codewars.
Weird Whales began when one of the developers behind another alliterative NFT project, Boring Bananas, sent Ahmed an annotated Python script with a template for creating his own tiered images.
His father walked him through the process of plugging in his own assets: “I told him, ‘Look, you need to replace the variable names here, so where they’ve got bananas and backgrounds and stuff, you need to replace it with yours.”
Thanks to some clever networking with the Boring Bananas team, Weird Whales went viral, and Ahmed made 80 ETH in about nine hours.
Nft whale 12 year olds
‘Not everyone at my school fully gets it – not even some of the teachers – but my friends definitely know about it and they congratulate me.’
Benyamin’s days are jam-packed as he juggles school, his NFT collection and his other projects – but his passion means he is able to fit it all in.
He said: ‘As soon as I wake up, I go downstairs to check Twitter, Discord and the latest NFT and crypto news.
‘I’m the first to wake up but my mum comes down later and then I have breakfast.
‘I do not take my phone to school or to my bedroom so I get a lot of downtime.
‘School is really good and I find it difficult to get bored – I enjoy Maths and computers obviously, but I also love history and Latin.
Benyamin Ahmed of Pinner Green, London, is creator of NFT collection weird whales
Imran confirmed Benyamin is now worth $1million – around £750k.
He then generated 3,350 unique digital collectibles programmatically using an open-source Python script that he customised for his collection. It is the first instance of a Kawaii pixel whale used in a generative art project with custom on-chain and cryptographically secure provenance,” says the NFT website.
As reported by BBC, Ahmed and his brother Yousef were encouraged by their father, Imran — a software developer — to learn coding at the ages of five and six.
Imran said the boys started doing it as a fun exercise but it got serious along the way and since coding is not easy to pick up, they used to practice 20 to 30 minutes every day, without breaks.
Ahmed told CNBC that he learned about NFTs earlier this year.