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12-Year-Old British Boy Helps Develop $5 Million NFT Collection

12-Year-Old British Boy Helps Develop $5 Million NFT Collection


An enterprising 12-year-old boy has helped in the development of a non-fungible token (NFT) art collection that managed to generate $5 million in the first three weeks after its release.

According to a report by CNBC, Benyamin Ahmed, a 12-year-old coder from London, partnered with the developers behind the Boring Bananas Co. over the summer to create Non-Fungible Heroes, an NFT collection with 8,888 comic book-style heroes and villains.

Ahmed had previously come to fame after the launch of the Weird Whales NFT project, which netted him close to $400k in two months. 

Non-Fungible Heroes, which launched in September, sold out its entire collection in just 12 minutes, and as of October 1 had managed to generate more than $5 million.

Ahmed told CNBC:

It was a crazy adrenaline rush. You really never know how popular your product is until you let the public at it. 




Ahmed worked as a developer and on technical support for the project, helping to code the project’s web app and smart contract. 

He continued:

I have been working closely with the NFH team since the beginning… 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.

Ahmed did not disclose his total earnings, but said he had received a percentage of the NFT collection’s initial sales. He also explained his interest in developing NFTs beyond using them as a cash grab. 

The 12-year-old coder claimed the NFT industry was building something that would have the potential to “disrupt the entire media and entertainment industry.” Ahmed said his ultimate goal with Non-Fungible Heroes was to turn it into the first NFT to “make it to a theater near you.”

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

Image Credit

Image by A M Hasan Nasim from Pixabay



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