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12-year-old reportedly set to earn $400K in two months selling NFTs

[New York Post, Benyamin Ahmed] A 12-year-old whiz kid from London who doesn’t even have a bank account is reportedly set to rake in about $400,000 in just two months from creating and selling NFTs, or non-fungible tokens. Benyamin Ahmed told CNBC that he launched his second collection of NFTs, called Weird Whales, in June. NFTs are digital assets […]

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Visa Enters Metaverse With First NFT Purchase

[Forbes, Getty Images] On August 18, digital payments giant Visa spent $150,000 to buy a unique work of art, and in so doing quietly took its first step into the metaverse, a nascent online world that promises to transform the internet into a virtual reality.  Instead of canvas or marble, the pixelated artwork, named CryptoPunk […]

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Why people are buying crypto art and sports memorabilia for thousands of dollars

[CNBC] The cryptocurrency world is abuzz with talk of digital collectibles, unique virtual tokens that can represent anything from art to sports memorabilia. People have been paying hundreds of thousands of dollars for these NFTs, or non-fungible tokens. One investor, Sheldon Corey from Montreal, Canada, told CNBC he paid $20,000 for one of thousands of […]

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