FinTech Magazine - October 2021 | Page 11

NFT boom for Gen Z

UK

Recently , 12-year-old UK coder Benjamin Ahmed earned his first quarter million (£ 250,000 ) following the launch of his Weird Wales digital art-turned-cryptocurrency .
The boom in NFTs ( non-fungible tokens ) globally has been highly concentrated among Generation Z , who have embraced the digital asset culture . The most expensive NFT sold to date was a digital artwork by the graphic designer Mike Winklemann ( aka Beeple ) called Everydays — The First 5000 Days which was auctioned at Christies for US $ 69mn in March 2021 fintechmagazine . com 11