Indonesian Student Becomes Millionaire Overnight After Turning Selfies Into NFTs
A 22-year-old has joined the ranks of NFT royalty this…
A 22-year-old has joined the ranks of NFT royalty this week – turning his selfie collection into virtual gold.
Hailing from Semarang in Indonesia, Sultan Gustaf Al Ghozali embarked on a fun project way back in 2017 – a simple goal to photograph his face every single day. Since then, he’s amassed 1,000 selfies – which he thought would be interesting to turn into an animated ‘time-lapse’ video.
It all started when he had the ‘funny’ idea to take each of the 1,000 images he collected, and turn them into NFTs for sale on OpenSea:
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022
Originally, Ghozali priced each image at 0.00001 ETH, which amounts to around $0.03 or just over two Indian rupees. To the young tech enthusiast’s surprise and delight, 35 photos sold within just one day, followed by another 200.
“I was thinking it might be funny if one of the collectors collected my face,” Ghozali told AFP. “I never thought anybody would want to buy the selfies.” On his OpenSea page, Ghozali describes his project as follows:
‘I took photos of myself since I was 18 to 22 years old ( 2017 – 2021 )
it’s really a picture of me standing in front of the computer day by day (sic)’
Fr whatever reason, several high-profile traders took an interest in Ghozali’s NFTs. Whether it’s the simplicity of the idea or some deep understanding of crypto trends, they quickly skyrocketed in value, soaring to as much as 4 ETH ($12,000) apiece.
every #NFT photo I take has a story behind
This photo was taken during the second corona vaccine https://t.co/pZfJKoKuc9
— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 11, 2022
At the time of writing this article, Ghozali’s portfolio is worth about 383 ETH – just over $1 million.
Local tax authorities took immediate notice, and amusingly congratulated him while simultaneously asking him to get registered for tax payments:
Here is a link where you can register your TIN: https://t.co/63kn2Spy5Q
Check out this link for more information about TIN: https://t.co/5gJFmHaK3y
If you need help, kindly ask @kring_pajak.
We wish you the best of luck in the future.
— #PajakKitaUntukKita (@DitjenPajakRI) January 14, 2022
“To be honest I still haven’t got the courage to tell my parents, they would be wondering where I got the money from,” he said.
(Header Image: Ghozali Everyday)