Fri, March 29

Indonesian Student Earns $1 Million Selling Selfies on NFT Platform OpenSea

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  • Ghozali’s total trading volume has reached 317 ETH.
  • Each selfie sold for roughly US$3,000 at its peak before dipping significantly.

The sale of roughly 1,000 of an Indonesian college student’s selfies on the non-fungible tokens (NFTs) trading platform OpenSea brought in $1 million in sales for the college student.

After learning about blockchain technology in December of 2021, he decided to submit his pictures on OpenSea under the label “Ghozali Everyday” and charge S$3 for each one. Instead of thinking it would be “funny” to sell a photo of his face to collectors, Ghozali assumed that his selfies would be a modest side business that would soon take off.

Timelapse Film For His Graduation

22-year-old University of Semarang student Sultan Gustaf Al Ghozali is studying computer science. At some point between 2017 and 2021, Ghozali decided to photograph himself in front of the computer with an expressionless face in order to compile these images to produce a timelapse film for his graduation.

In response to one famous chef’s promotion of Ghozali on his social media, the demand for his stoic photos skyrocketed. 0.247 ETH, or around US$806, was traded for a selfie on Jan. 14. Each selfie sold for roughly US$3,000 at its peak before dipping significantly.

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As of this writing, Ghozali’s total trading volume has reached 317 ether, or more than $1 million. On Instagram, Hypebeast revealed that Ghozali had made US$103,620 in secondary sales revenue. Thousands of people follow Ghozali on Twitter, and his comments on the progress of his NFT sales have gone viral. He also said that he wouldn’t be posting any more selfies for the foreseeable future.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.