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HomeUncategorizedSelfies taken by Indonesian students bring in $1 million in NFT sales

Selfies taken by Indonesian students bring in $1 million in NFT sales

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After selling the digital rights to his selfies for more than $1 million on a marketplace for non-fungible tokens, an Indonesian high school student has become an internet sensation.

Sultan Gustaf Al Ghozali, a computer science student at a university in Semarang’s central district, has photographed himself in front of his computer nearly every day for the past five years.

He intended to use the nearly 1,000 selfies he collected to create a timelapse film for his commencement ceremony.

However, after learning about blockchain, the 22-year-old decided to upload the photos to the NFT trading platform OpenSea under the name “Ghozali On a regular basis.”

“I used to be pondering it may be humorous if one of many collectors collected my face,” Ghozali informed reporters at his college’s campus on Thursday.

“I by no means thought anyone would need to purchase the selfies, which is why I solely priced them at $3,” he mentioned.

However, demand for 0.247 of the cryptocurrency ether (US$806) spiked on Friday, and one selfie went for that price.

NFTs have transformed digital things ranging from artwork to memes into one-of-a-kind digital collector’s items.

Ghozali began uploading his pictures in late December, but sales didn’t take off until last week, when a celebrity chef bought a few and promoted Ghozali on his social media account.

Over 400 people bought his expressionless photographs in the following days.

Ghozali’s collection has achieved a total trade volume of 317 ether, worth more over $1 million, as of Friday afternoon.

“To be sincere I nonetheless have not obtained the braveness to inform my mother and father, they’d be questioning the place I obtained the cash from,” Ghozali laughed.

The researcher frequently provides updates on his OpenSea statistics on his Twitter account, which has over 16,000 followers.

“At the moment (I) offered greater than 230+ (selfies) and till now I do not perceive why you need to purchase #NFT images of me !!! however i thanks guys for five years of effort paid off,” he tweeted on Tuesday.

Ghozali, who hopes to create his own animation studio someday, stated that he intends to invest the money and that he will continue to take daily selfies until he completes school.

REFERENCE/S:
Indonesian student’s selfies fetch US$1 million in NFT sales|assampress

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