After creating digital pictures of whales and selling tokens of their ownership, which are stored on blockchain, a 12-year-old boy earned about £290,000.
During the school holidays, the collection of pixelated artworks called Weird Whales of the child, Benyamin Ahmed, had gone viral.
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The success of the child may prove to be a harbinger of the digital business models, which can disrupt the banking sector.
Child’s father Imran, who is a software developer, shared that the artwork is like “digital Pokémon cards”. Imran added, they had been a huge success because the collectors realised its historical significance.
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“People find the art secondary. Imagine when the printing press came out, if you managed to get hold of a book that was an original, written by a 12-year-old that went viral, you can imagine how that would accrue value over time because of the historical significance,” added the father.
With the help of a pixel art website, the child created a set of 3,350 whales in the style of a common whale meme seen in the video game Minecraft. Benyamin was then able to sell non-fungible tokens (NFTs).