Indonesian college students are reported to have become millionaires by selling a self-portrait non-fungible token (NFT) version on the OpenSea NFT Marketplace.
Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, converted and sold nearly 1,000 selfies as NFTs. according to Gozari, he took a picture of himself for five years between the ages of 18 and 22 as a way to look back on his graduation journey.
I’m uploading my photo to nftlolhttps://t.co/E3Q4sBmN26#NFT # High seas pic.twitter.com/rD51rdcpzp
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022
Ghozali’s selfies were taken sitting or standing in front of a computer. The computer was later converted to an NFT High seas The artist set the price of each NFT selfie at $ 3 without expecting the attention of serious buyers. Ghozali while cashing his expressionless image Said:
“You can do anything like playing, but don’t abuse my photos. Otherwise, my parents will be very disappointed with me. I believe in you, so take care of my photos. please.”
Contrary to his greatest expectations, Ghozali’s NFT offering exploded as prominent members of Crypto Twitter showed support for buying and marketing offerings.
Gozari happened … Gozari’s year @Ghozali_Ghozalu pic.twitter.com/HKOw7FZddj
— Arnold Poernomo (@ArnoldPoernomo) January 12, 2022
With increasing popularity, one of Ghozali’s NFTs is 0.247 Ether (ETH) January 14, worth $ 806 at the time of purchase. AFP.. Young entrepreneurs also add a touch of personalization by providing some background information along with selfies. This increases the rarity of NFTs.
every day #NFT The picture I took has an inside story
This photo was taken during the second corona vaccination https://t.co/pZfJKoKuc9
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 11, 2022
At peak times, Ghozali’s selfie NFT sells for 0.9 ETH and is worth about $ 3,000, according to Lifestyle Asia. Report.. Since then, Ghozali’s collection has reached a total trading volume of 317 ethers, worth more than $ 1 million. The young artist also made his first tax payments based on this income through OpenSea.
This is the first tax payment in my life https://t.co/VDa8KYYPGs
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 14, 2022
Related: NFT sales and blockchain games continue to grow despite the recent market downturn: Report
Despite the recent downturn in the crypto market as a whole, the NFT market and the blockchain gaming industry continue to record high trading volumes.
As reported by Cointelegraph, DappRadar data show that the number of UAWs connected to Ethereum NFT DApps increased by 43% from the third quarter of 2021. In addition, the money generated by NFT transactions will increase from $ 10.7 billion in the third quarter of 2021 to 2022.