U.K. Twain earned nearly $400,000 through NFT sales without a bank account

According to reports, a 12-year-old boy from London earned nearly US$400,000 (£290,000) by selling a series of non-fungible tokens (NFT) during the school holidays.

in a interview On Geo.tv, Benyamin Ahmed shared his excitement about making money online by selling NFT artwork “without a bank account”. Ahmed’s artwork attracted attention on Twitter and eventually became popular.

Ahmed used his school holidays to create and label digital pictures of whale emojis, which are called strange whales, and then sold online in the form of NFT. Previously, the child had tokenized a set of artworks inspired by Minecraft, but the artwork was not sold on the market due to its low popularity.

According to reports, the little boy’s father, Imran Ahmed, taught Benyamin and his brother to program since he was six years old. Although it is impossible to open a bank account due to age restrictions, Imran said:

“Benyasim is very creative. He has no bank account and no accountant, so he deposits his money in the online blockchain.”

In addition, the father clarified that the reported income from NFT sales has been converted to ether (Ethereum), regardless of price fluctuations.

related: The casting, distribution and sale of NFTs must involve copyright law

The recent NFT boom has unknowingly brought uncertainty to the crypto ecosystem again.As discussed in the review article, the NFT landscape has not yet been established Infrastructure that respects copyright law -For creators and buyers.

One of the long-term solutions to this problem may be to involve organizations that specialize in copyright knowledge in NFT development. However, experts believe that this move will eventually hinder artists and buyers from making NFT sales.