Monday, November 18

Nayla Hayes, the 12-year-old girl who made $ 1.6 million from her NFT collection

Nyla Hay is a young artist of 12 years old who is became millionaire , in a matter of a few months, after selling a collection of drawings in the format of Non Fungible Tokens (NFT) .

The young woman tells on her website that her love for drawing began when she was just 4 years old. Her passion continued and that was how at the age of 9 she created what she calls Long Neckies which are portraits of women with elongated necks .

Your jump to the Fame and commercial success occurred with the launch of the first collection of these drawings, which had 75 pieces and was put up for sale on the NFT exchange platform Opensea in March of this year.

Later in July he put on the market his next work, which consisted of 3, 333 works which were named Long Neckie Ladies . After they were published, his drawings sold out within hours.

“The inspiration for the Long Neckie collection came from my love of dinosaurs. Before he could walk, talk, or pick up a Barbie, he was playing with dinosaur toys. My favorite children’s television show was Dino Dan. I fell in love with the Brontosaurs, which I affectionately called ‘long neckie’ ”, says Hayes.

Thanks to this he managed to obtain 1, 394 ethereum which, according to the current market price, represent about 5.8 million dollars . After the payment to the developers of the software that Nyla used to create her collection, as well as the commissions of the platform, it is estimated that the real figure that the young woman entered was close to 1.6 million dollars .

This figure could easily increase taking into account that in Opensea artists have the possibility of receiving, in perpetuity, royalties of up to 10% for the resales of his works.

A source of income

Hayes discovered blockchain technology and NFTs thanks to a relative told him that he should study them since they could help him show his works to the rest of the world. Cases of artists like her whose lives were changed by NFTs are constantly repeated on the Internet.

An example of this is the Canadian artist Trevor Jones, who went from live in poverty and have no money to pay your bills to become a billionaire . After converting some of his works to non-expendable tokens, Jones managed to sell Bitcoin Angel, a piece inspired by the ecstasy of Santa Teresa by Italian sculptor Gian Lorenzo Bernini, for 3 million dollars .

“I went from having to borrow money from friends to pay bills to making $ 4 million in one day,” Jones said in an interview with Business Insider.

This also interests you:

– NFT: You can now create your own collectible tokens in Shopify

– NFT: Today the first SMS in history will be auctioned as an NFT

– Instagram is also preparing to integrate NFT to its platform