As can be seen from the fact that the trade volumes in OpenSea, the largest NFT market, increased by 40000 percent compared to last year and reached 15 billion dollars in 2021; non-fungible tokens (NFT) are one of the fastest growing sectors of the crypto industry. With NFTs entering the mainstream, a growing number of big companies, investors and famous NFTs have surrendered to the wave of enthusiasm.
A 22-year-old college student from Indonesia also followed the hype, joined the world of NFT and became a millionaire! Sultan Gustaf Al Ghozali took close to a thousand selfies over five years, converted them into NFTs and sold them. Ghozali, a computer science student living in Semarang, Indonesia, took several selfies of him sitting in front of his computer from age 18 to 22 (between 2017 and 2021) to document his graduation journey.
The 22-year-old then converted the selfies into NFTs and uploaded them to OpenSea. The sale began on January 9 and was completed in just 5 days. Ghozali set a price tag of just $3 for each selfie NFT, as he didn’t expect buyers to show any real interest in his art. The artist said that while people could turn NFT selfies into higher prices, they should not “misuse” the photos or their parents would be “disappointed”.
It’s been 3 days and left 331 NFT
sold out now because for the next few years I won’t be listingYou can do anything like flipping or whatever but please don’t abuse my photos or my parents will very disappointed to me
I believe in you guys so please take care of my photos. pic.twitter.com/oyGGR2Aben
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 12, 2022
Ghozali’s NFT offering was quite unique as he gave some insight into his selfies and had a story behind the project. Surprisingly, NFT selfies only took five days to sell, eventually making him a millionaire at just 22 years old.
The entirety of Ghozali’s NFT collection has surpassed the trading volume of around 317 ETH (more than $1M). Ghozali later made his first tax payment in his life based on this income he obtained through the OpenSea platform.
Following the success of the rare NFT collection, the young millionaire has garnered attention in recent weeks and has become the hot topic of the crypto space. Some high-profile members of the crypto community are said to have bought several Ghozali’s selfies and helped market it to more buyers.
The most recent surge in the NFT market coincided with the broad crypto market that has been stagnant in recent weeks, and Bitcoin’s nearly 10 percent drop since the start of the year. Alongside this, Ethereum, the second largest cryptocurrency, is trading at $3214, down more than 16 percent in the last two weeks.