An Indonesian university student, Ghozali, entered the NFT market in December 2021 with selfies taken from his computer camera for five years. The current value of the collection exceeds $1 million. Let’s take a look at Ghozali’s story.
NFT selfies make $1 million
Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, has converted nearly 1,000 selfie images into NFT and sold. Ghozali says he’s been collecting his own photos for five years as a souvenir of his graduation journey.
Ghozali selfies were taken sitting or standing in front of his computer, which he later converted to NFT and uploaded to OpenSea in December 2021. Without seeking attention from serious buyers, the artist set the price for each NFT selfie at $3. While monetizing her expressionless images, Ghozali said:
You can do anything like bullshit but please don’t abuse my photos or my family will be very disappointed. I believe you guys, please take a good look at my photos.
- Ghozali’s collection exploded as prominent members of the crypto Twitter community showed support by buying and marketing offers.
With the growing popularity, one of Ghozali’s NFTs was sold for 0.247 Ether (ETH) on January 14, according to AFP. The works were worth $806 at the time. The young entrepreneur adds a touch of personalization that adds to the rarity of NFT by providing some background information alongside his selfies.
According to a Lifestyle Asia report, Ghozali’s selfie NFTs were sold at their peak for 0.9 ETH, worth about $3,000. Ghozali’s collection then reached a total trading volume of 317 ETH, which is equivalent to over $1 million. The young artist made his first tax payment on this income through OpenSea.
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