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

GTA 6 will be 'worse experience' for millions of gamers as Rockstar confirms PS5 vs Xbox winnerRockstarDiagnosed sociopath says there are eight questions that could prove you are oneTikTok/ogkanikabatraHomeowner furious after neighbour builds 10ft home office blocking sunlight from gardenBNPSWhy Jude Bellingham wasn't sent off for covering his mouth following new ruleUlrik Pedersen/NurPhoto via Getty Images

Advert

  • Police confirm man arrested after child, 3, thrown into crocodile enclosure has 'learning difficulties'
  • 3 Netflix thrillers to binge after I Will Find You as Harlan Coben drama debuts to record 24 million views
  • £3 billion iCloud payout is coming and it’s super easy to check if you’re eligible
  • AI could wipe out 3 million of these kind of jobs in the UK by 2035

Choose your content:

an hour ago
2 hours ago
3 hours ago
  • BNPS
    an hour ago

    Homeowner furious after neighbour builds 10ft home office blocking sunlight from garden

    Gary Burgess has been left gutted after spending 'a fortune' on his dream garden

    News
  • Ulrik Pedersen/NurPhoto via Getty Images
    2 hours ago

    Why Jude Bellingham wasn't sent off for covering his mouth following new rule

    Miguel Almirón received a red card earlier at the weekend and has been given a one match ban in the World Cup for covering his mouth

    News
  • Buda Mendes/Getty Images
    3 hours ago

    Scotland vs Brazil at risk of lengthy delay due to FIFA rule

    Scotland captain Andy Robertson hopes the team can 'achieve history'

    News
  • Dominik Bindl/Getty Images
    3 hours ago

    FIFA president shares real financial impact of controversial hydration breaks

    There has been huge backlash to them throughout the tournament

    News