ladbible homepage
ladbible homepage
  • Home
  • News
    • UK
    • US
    • World
    • Ireland
    • Australia
    • Science
    • Crime
    • Weather
  • Entertainment
    • Celebrity
    • TV
    • Film
    • Music
    • Gaming
    • Netflix
    • Disney
  • Sport
  • Technology
  • Travel
  • Lifestyle
  • Money
  • Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Videos
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • SPORTbible
  • Tyla
  • FOODbible
  • UNILAD Tech
Schoolboy Creates £3 Million Cryptocurrency Empire After Learning To Code Aged 5
Home>News
Published 21:21 7 Mar 2022 GMT

Schoolboy Creates £3 Million Cryptocurrency Empire After Learning To Code Aged 5

A 12-year-old boy has built an NFT collection worth £3 million after learning to code when he was just five years old.

Hannah Smith

Hannah Smith

google discoverFollow us on Google Discover

A 12-year-old boy has built an NFT collection worth £3 million after learning to code when he was just five years old.

Benyamin Ahmed, from Pinner in West London, has amassed a fortune selling pixelated images of whales in exchange for cryptocurrency, despite not even being old enough to open his own bank account.

Benyamin Ahmed's NFT collection is worth a staggering £3 million.
SWNS

The schoolboy sold his first NFT last year for $60, but their value soon shot up, with some of his images selling for as much as $20,000. He's sold 3,350 NFTs in total, with the total value of the sale and resale of the images reaching around £3 million ($5 million.)

Advert

While the majority of that money goes to individual sellers, Benyamin gets paid commission and royalties each time one of his 'Weird Whales' NFTs changes hands, and has so far earned around £750,000 ($1 million) in cryptocurrency.

It's not what your average 12-year-old kid spends his time doing, but then again, Benyamin clearly isn't your average 12-year-old kid.

One of Benyamin's 'Weird Whales' NFTs.
SWNS

He says that he first learned to code from his father when he was just five, and claims that while his friends think what he does is cool, he 'not everyone at my school fully gets it'.

"Lots of people now know my story and it makes me happy to see lots of people are learning about NFTs because of me. I want to continue to introduce lots of people into the NFT space," Benyamin said.

Benyamin's father, Imran, said that he'd encouraged his son to create his NFT collection as a way to learn more about digital art and programming, but that he'd never imagined it would have turned into a genuine crypto empire.

The schoolboy first learned how to code when he was just five-years-old.
SWNS

"It was never really about the money, it was about gaining knowledge, but of course the money is a bonus," he said.

"I always said if you do something you're interested in, you'll never work a day in your life. I am so glad he took that advice."

Benyamin is yet to cash out on his returns, and says he's looking forward to seeing where the NFT and crypto space goes in the future. "Here, anyone can join the network," he says. "You can be a refugee or a rich person sat in your mansion and it doesn't make a difference."

Featured Image Credit: SWNS

Topics: Cryptocurrency, Technology

Hannah Smith
Hannah Smith

Hannah is a London-based journalist covering news and features for UNILAD and LADBible. She's especially interested in social and political activism and culture.

Recommended reads

Doctor explains two important questions Brits should ask their GP before going on omeprazole(Getty Stock Images)Tupac’s final words were shared by police officer at scene of murderBob Berg/Getty ImagesBizarre FIFA rule explained as Levi’s forced to change stadium name for World CupMatthew Huang/Icon Sportswire via Getty ImagesBrooklyn Beckham shares cryptic post following ruthless statement after sister Harper turns up on his doorstep(Instagram/brooklynpeltzbeckham)

Advert

Choose your content:

an hour ago
3 hours ago
5 hours ago
  • (Getty Stock Images)
    an hour ago

    Doctor explains two important questions Brits should ask their GP before going on omeprazole

    Omeprazole is one of the most prescribed drugs in the UK – but do you need to be taking it?

    News
  • Matthew Huang/Icon Sportswire via Getty Images
    3 hours ago

    Bizarre FIFA rule explained as Levi’s forced to change stadium name for World Cup

    It's caught a few people off guard

    News
  • Visionhaus/Getty
    5 hours ago

    Hidden advantage behind controversial World Cup hydration breaks as true value emerges

    The way the quarterly breaks dictate games as well as their commercial value has been revealed

    News
  • X
    5 hours ago

    Mum of woman thrown to her death after 'staff forgot to attach rope' hits out in emotional statement

    The 21-year-old woman was killed in a shock accident in which she was flung from a 131 foot 'Skeleton Bridge'

    News
  • AI could wipe out 3 million of these kind of jobs in the UK by 2035
  • Secret discount code to get massive saving on Shark fans as UK set to hit 34C this weekend
  • How much money Pornhub could lose after visitors fall by one million per day
  • Amazon forced to issue attack warning as 300 million users at risk