A student turns his selfies into NFTs, sells them on OpenSea and earns over a million dollars.
The selfies are extremely widespread today. It must be said that all our smartphones, or almost, have front cameras, and very many are those who take a selfie or two from time to time. Some people take dozens a day, but that’s not the question… It could finally be. Have you ever thought about monetizing those selfies? This is exactly what the student named Sultan Gustaf Al Ghozali from Indonesia did. For the past four years, he’s taken a selfie almost every day.
A student turns his selfies into NFT, sells them on OpenSea
Our man then took his selfies and made them into NFTs, non-fungible tokens, and sold them on the platform dedicated to the sale of NFTs OpenSea as part of a collection called Ghozali Everyday. The student didn’t expect his NFTs to be so popular, which is why he offered them for sale at 0.00001 ETH, or about $3 based on current market value.
and win over a million dollars
But Sultan Gustaf Al Ghozali had it all wrong. Everyone wanted to buy their selfies. Some selfies sold for the handsome sum of 0.9 ETH each. As a result of this operation like no other, the entire collection was sold for some 381 ETH, or approximately $1.2 million, or €880,000 in fiat currency.
If these photos are absolutely nothing special, this collection, and the income it has generated, shows how crazy and highly speculative the NFT market can be. It is therefore not surprising, in the end, that a simple selfie can be worth several thousand dollars, all the more so when we know that some people have paid the equivalent of more than $600,000 to afford a yacht in NFT. In other words, if you have a collection of selfies in your smartphone, who knows, maybe you can make money from it.