Sultan Gustaf Al Ghozali, a 22-year-old Indonesian student, has joined the NFT frenzy, becoming a millionaire as a result. He listed selfies of himself as an NFT for five years on OpenSea, the largest NFT marketplace, and sold them for $1,107,225 in total.
Al Ghozali is a college student studying Computer Science and based in Semarang, the capital and largest city of Central Java province in Indonesia. He has converted and sold nearly 1,000 selfie images as NFTs.
According to him, he took photos of himself for five years, between the ages of 18 and 22, as a way to look back on his graduation journey. Ghozali selfies were taken sitting or standing in front of his computer. Later, he converted these selfies into NFTs and uploaded them to OpenSea in December 2021. The artist set the price for each NFT selfie at $3 without expecting interest from serious buyers.
“You can do anything like flipping or whatever, but please don’t abuse my photos, or my parents will be very disappointed in me. I believe in you guys, so please, take care of my photos,” Ghozali claimed, monetizing his images.
For now, there are 933 NFTs selfies uploaded by Ghozali, with 489 owners. The collection has traded a volume of 333 ETH, which at today’s price of $3,325 per token, it brings the total volume to $1,107,225, according to a Lifestyle Asia report. From listing at a minimum price of 0.001ETH or $3, his collection now has a floor price of 0.18 ETH ($598.50).
Going against his wildest expectations, Ghozali’s NFT offering blew up as prominent members of Crypto Twitter showed support by purchasing and marketing the offerings, AFP reported. A user, Arnold Poernomo, tweeted an image of his collection and captioned it, “Ghozali happened…the year of Gozali @Ghozali_Ghozalu.”
He also adds a touch of personalization by providing some background information along with the selfies, which adds to the rarity of the NFT selfie. In response to a Twitter user, who made one of his NFTs as his profile picture, he stated, “every #NFT photo I take has a story behind it. This photo was taken during the second corona vaccine.”
Despite a decline in the crypto markets, NFT marketplaces have made a tremendous surge in the previous month. According to data from Tradingplatforms.com, NFT global sales surpassed $4 billion in the last 30 days.