22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

2 years ago

Ghozali spent 5 years clicking selfies successful beforehand of his computer, which was aboriginal converted into NFTs and uploaded to OpenSea successful December 2021.

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22-year-old Indonesian lad  makes $1M by selling NFT selfies connected  OpenSea

An Indonesian assemblage pupil has reportedly go a millionaire by selling nonfungible token (NFT) versions of his selfies connected the OpenSea NFT marketplace.

Sultan Gustaf Al Ghozali, a 22-year-old machine subject pupil from Semarang, Indonesia, converted and sold astir 1,000 selfie images arsenic NFTs. According to Ghozali, helium took photos of himself for 5 years — betwixt the ages of 18 and 22 — arsenic a mode to look backmost connected his graduation journey.

Uploading my photograph into nft lolhttps://t.co/E3Q4sBmN26#NFT #opensea pic.twitter.com/rD51rdcpzp

— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022

Ghozali selfies were taken sitting oregon lasting successful beforehand of his computer, which was aboriginal converted into NFTs and uploaded to OpenSea successful December 2021. The creator acceptable the terms for each NFT selfie astatine $3 without expecting involvement from superior buyers. While monetizing his expressionless images, Ghozali said:

“You tin bash thing similar flipping oregon immoderate but delight don't maltreatment my photos oregon my parents volition precise disappointed successful me. I judge successful you guys truthful delight instrumentality attraction of my photos.”
Ghozali's OpenSea profile. Source: OpenSea.

Going against his wildest expectations, Ghozali’s NFT offering blew up arsenic salient members of Crypto Twitter showed enactment by purchasing and selling the offerings.

Ghozali happened...the twelvemonth of Gozali @Ghozali_Ghozalu pic.twitter.com/HKOw7FZddj

— Arnold Poernomo (@ArnoldPoernomo) January 12, 2022

With the rising popularity, 1 of Ghozali’s NFT sold for 0.247 Ether (ETH) connected Jan 14. worthy $806 astatine the clip of purchase, according to AFP. The young entrepreneur besides adds a interaction of personalization by providing immoderate inheritance accusation on with the selfies, which adds to the rarity of the NFT.

— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 11, 2022

At its peak, Ghozali’s selfie NFTs sold for 0.9 ETH, worthy roughly$3,000, according to a Lifestyle Asia report. Ghozali's postulation subsequently reached a full commercialized measurement of 317 ether, equivalent to much than $1 million. The young creator besides made his archetypal taxation outgo connected the ground of this income done OpenSea.

this is my archetypal taxation outgo successful my beingness https://t.co/VDa8KYYPGs

— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 14, 2022

Related: NFT income and blockchain games proceed to turn contempt the caller marketplace slump: Report

Despite the caller sluggish show of the wide crypto market, the NFT marketplace and blockchain gaming manufacture continues to grounds precocious transaction volumes.

As Cointelegraph reported, DappRadar information shows that the fig of UAW connected to Ethereum NFT DApps grew by 43% since Q3 2021. In addition, the wealth generated by NFT trading went from $10.7 cardinal successful Q3 2021 to $11.9 cardinal successful the archetypal 10 days of 2022.

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