{"id":53098,"date":"2021-11-18T12:30:28","date_gmt":"2021-11-18T10:30:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53098"},"modified":"2025-09-03T13:19:57","modified_gmt":"2025-09-03T10:19:57","slug":"14-year-old-american-artist-earns-over-1-million-from-nft-collection-in-under-24-hours","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/14-year-old-american-artist-earns-over-1-million-from-nft-collection-in-under-24-hours\/","title":{"rendered":"14-year-old American artist earns over $1 million from NFT collection in under 24 hours"},"content":{"rendered":"<p>The young American artist created a collection of <a href=\\\"https:\/\/belugies.com\\\">8,000 beluga NFT images<\/a> and earned more than $1 million in under 24 hours.<\/p>\n<p>Fourteen-year-old Abigail has loved drawing since childhood, and her 25-year-old brother Adam is a trader. It was he who explained to the teenager how NFT technology works and suggested launching a joint project.<\/p>\n<p>Abigail decided to draw a beluga after seeing one at a city aquarium. Separately, she devised 167 adornments: sunglasses, caps, fur coats and more. She created most of the drawings on an iPhone 8.<\/p>\n<p>They then turned to a developer who built a script to assemble belugas with the adornments. In the end, they produced almost 8,000 unique images.<\/p>\n<p>Initially the works were uploaded to the decentralised storage Arweave. It cost about $5,300.<\/p>\n<p>On October 16, the Belugies collection was launched on the NFT marketplace Alpha Art. The initial price of one beluga was 0.8 SOL (about $160 at the start of trading). All tokens sold out within 10 hours, and Adam and Abigail earned more than $1 million.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">WE DID IT!!!! <a href=\\\"https:\/\/t.co\/QWEcRJnzaw\\\">pic.twitter.com\/QWEcRJnzaw<\/a><\/p>\n<p>\u2014 Belugies (@belugiesNFT) <a href=\\\"https:\/\/twitter.com\/belugiesNFT\/status\/1449601798914850816?ref_src=twsrc%5Etfw\\\">October 17, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\n<\/div>\n<\/figure>\n<p>From each sale, the team donated 10% to Sunshine Kids, a charity for children with cancer, and another 10% to nonprofit organisations that help belugas. In total Abigail and Adam donated $200,000.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Today we donated $50,000.00 to Beluga Whale Alliance in Alaska for Belugies IRL \u2764\ufe0f\ud83d\udc33 <a href=\\\"https:\/\/t.co\/svgXgwV7e8\\\">pic.twitter.com\/svgXgwV7e8<\/a><\/p>\n<p>\u2014 Belugies (@belugiesNFT) <a href=\\\"https:\/\/twitter.com\/belugiesNFT\/status\/1452406259127177216?ref_src=twsrc%5Etfw\\\">October 24, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\n<\/div>\n<\/figure>\n<p>Six days later, the minimum price of one beluga on the secondary market was 0.27 SOL (about $54), and trading volume reached 7,200 SOL ($1.43 million). From the resale of each whale, the brother and sister receive a 5% royalty and had earned around $72,000.<\/p>\n<p>The team will continue work on the project and plans to raffle 100 reserved belugas, as well as publish a children&#8217;s book about their characters.<\/p>\n<p>Earlier in August, a British schoolboy earned <a href=\"https:\/\/forklog.com\/en\/news\/british-schoolboy-earns-about-350000-from-nft-pixel-whales\">around $350,000 on an NFT featuring pixel whales<\/a>.<\/p>\n<p>Follow ForkLog on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The young American artist created a collection of 8,000 beluga NFT images and earned more than $1 million in under 24 hours.<\/p>\n","protected":false},"author":1,"featured_media":53099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1529,306,1213,1159,26],"class_list":["post-53098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animals","tag-charity","tag-nft","tag-solana-sol","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53098"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53098\/revisions"}],"predecessor-version":[{"id":53100,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53098\/revisions\/53100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53099"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}