A 22-year-old Indonesian college student identified as Sultan Gustaf Al Ghozali has become a millionaire after he trade-in the digital rights to his selfies on nonfungible token (NFT).
The computer science student at the university in the central city of Semarang uploaded nearly 1,000 pictures of himself sitting in front of his computer almost everyday for the last five years on December 2021. According to Ghozali, he was 18 years old then when he started selfie as a way to look back on his graduation journey.
"I took pictures of myself everyday for 5 years (2017-2021)," he said.
After learning about blockchain, he decided to upload the photos to NFT trading platform OpenSea under the name "Ghozali Everyday".
"I was thinking it might be funny if one of the collectors collected my face," Ghozali told reporters.
He set the price for each NFT selfie at $3 without expecting interest from the buyers.
"You can do anything like flipping or whatever but please don't abuse my photos or my parents will very disappointed in me. I believe in you guys please take care of my photos," he said in jest while monetizing his daily casual expressionless images.
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| Ghozali's OpenSea profile and his current volume trade as of this press time. |
As his popularity spike, his one NFT sold for 0.247 Ether (ETH) on January 14 worth $806 at the time of purchase, according to AFP.
As of Friday, Ghozali's collection had reached a total trade volume of 317 either, or equivalent to more than $1 million. He will also made his first tax payment on the basis of this income through OpenSea.
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