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CRYPTO CROWN: Pinner schoolboy’s online cryptocurrency generates more than £3million

 Published on: 3rd April 2022   |   By: Holly Bullen   |   Category: Uncategorized

A 12-year-old genius from Pinner has taken the crypto-world by storm after creating a business that has brought in more than £750,000 in crypto assets.

Benyamin Ahmed launched his own whale-themed collection of non-fungible tokens (NFTs), Weird Whales, last summer and has sold the artwork for as much as $20,000.

An NFT is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded.

Benyamin’s collection of NFTs has then gone on to be sold over and over by other people for a total of more than £3million.

Speaking to PinnerNews, Benyamin said his journey into cryptocurrency began after he and his brother became interested his dad’s programming work.

He said: “Me and my brother started doing coding challenges every day and I kept up with it, but it was only last year that I became interested in NFTs.

“I was familiar with Bitcoin and had given a speech in my school about it, but I wanted to get a feel of what making NFTs was like.”

Benyamin added that whilst he has had great success in the NFT world it wasn’t an easy process and recommends those interested to research the crypto world first.

He said: “I think what is key was that I started learning at the age of five and it wasn’t an overnight success, it was years of coding and educating myself.

“I am really happy that people wanted to support my journey, I thought maybe that I would sell one or two. For me it is all about the learning experience.”

Benyamin is also the youngest ever guest speaker at Oxford University after he gave a talk on Art and Culture in a Digital Universe last year.

Follow Benyamin on Twitter by searching ‘ObiWanBenoni’.

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