Sultan Gustaf Al Ghozali, a 22-year-old student, was able to profit from the NFT craze and become a millionaire. He was able to do so by selling selfies of himself as an NFT on OpenSea, the world’s largest NFT marketplace.
Al Ghozali is an Indonesian college student majoring in Computer Science who lives in Semarang, the capital and largest city of Indonesia’s Central Java region. Nearly 1,000 selfie photographs have been converted and sold as NFTs by him.
“It’s really a picture of me standing in front of the computer day by day,” – Ghozali on the OpenSea profile where the collection is up for sale.
He claims that between the ages of 18 and 22, he shot images of himself for five years as a method to reflect on his graduating journey. In December 2021, he transformed these selfies into NFTs and posted them to OpenSea.
Ghozali took selfies in front of his computer while sitting or standing, which were then turned into NFTs and posted to OpenSea. Without expecting serious purchasers, the artist set the price of each NFT selfie at $3.
While monetizing his expressionless images, Ghozali stated, “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 has 933 NFTs selfies on his account as of today, with 489 owners. The collection has seen 333 ETH traded, bringing the total amount to $1,107,225 at today’s price of $3,325 per token. His collection now has a floor price of 0.18 ETH ($598.50), up from a minimum price of 0.001ETH or $3 when it was first listed.
Ghozali’s NFT offering blew up, contrary to his wildest expectations, as notable members of Crypto Twitter showed support by acquiring and pushing the offerings. Arnold Poernomo, a Twitter user, uploaded a snapshot of his collection with the statement; Ghozali happened…the year of Gozali @Ghozali_Ghozalu.”
He additionally personalizes the selfies by including some background information with them, adding to the NFT selfie’s rarity. “Every #NFT shot I take has a story behind it,” he said in response to a Twitter user who chose one of his NFTs as his profile image. He even has one selfie taken while having his second corona vaccine.
Despite the general crypto market’s recent sluggishness, the NFT marketplace and the blockchain gaming business continue to experience significant transaction volumes. The number of UAW linked to Ethereum NFT DApps has increased by 43% during Q3 2021, according to DappRadar statistics.
Furthermore, NFT trading generated $11.9 billion in the first ten days of 2022, up from $10.7 billion in Q3 2021.