Indonesian Student Becomes Dollar Millionaire By Auctioning NFT Selfie Collection

Indonesian Student Becomes Dollar Millionaire By Auctioning NFT Selfie Collection

While the NFT market is booming, the speed at which impressive fortunes are being made in this space can only surprise. A student from Indonesia became a dollar millionaire by selling his “tokenized” selfies on the OpenSea marketplace. The value of NFTs sold quickly reached 317 ETH, over $1 million.

Source: Sultan Gustaf Al Ghozali

Source: Sultan Gustaf Al Ghozali

Sultan Gustaf Al Ghozali, a 22-year-old Indonesian college student majoring in computer science, turned more than 1,000 selfies he took during his five-year college into NFTs and sold them on a digital marketplace.

He used to take selfies every day, without any facial expressions or actions, just standing in front of the computer, in order to later return to the memories of the lived days. He offered photographs taken between the ages of 18 and 22 for sale, priced at $3 each. As a result, the cryptocurrency NFT collection – 317 Ethereum “coins” worth $1,041,325 – was sold.

In a special tweet, Ghozali urged buyers to refrain from “misusing” the photos because if they did, his “parents would be upset.” He emphasized that you can flip the images and do whatever you want with them, but without insults.

It is well known that NFTs can be created from literally any virtual object, including sketches, paintings, photographs or video games. According to market researchers from DappRadar, NFT revenue reached $10.7 billion in the third quarter of 2021, more than eight times the previous quarter.



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Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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