Tuesday, June 6, 2023

12-Year-Old Artist has Made $1.6 Million with her NFT Collection

According to a report by Business Insider, a 12-year-old girl named Nyla Hayes has achieved tremendous success and made millions by selling her artwork in the form of non-fungible tokens. Despite not being old enough to own her own Instagram page, Nyla has garnered 4,683 followers on her social media handle, which is managed by her mother and showcases her impressive art collection.

NFTs operate on blockchain technology, similar to cryptocurrencies, and their popularity has surged in recent years. The increasing presence of NFTs on the internet has even prompted platforms like Twitter to explore methods of verifying them for the benefit of buyers.

Amidst this booming trend, young artist Nyla’s collection called “LongNeckieLadies” has been making waves and has not only gained her popularity but also earned her a significant amount of Ether, a cryptocurrency.

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