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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Indonesia Based Boy Named Ghozali Becomes Millionaire By Selling Selfies On OpenSea As NFTs

Rida Fatima
Rida Fatima
3 years ago
2 mins read
Indonesia Based Boy Named Ghozali Becomes Millionaire By Selling Selfies On OpenSea As NFTs

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Non-fungible tokens, NFTs, continue to make waves within the crypto ecosystem as an excellent means for profitability. As a result, many new and recent collections are rising as headlines through their massive accumulation of funds.

One of the trendy NFTs is Ghozali’s from an Indonesian youth who has sold over 1,000 selfies as NFTs on OpenSea. The selfies have been his daily collection for the past five years.

The Indonesian boy, Sultan Gustaf Al Ghozali, is 22 years old and held from Semarang. Ghozali, currently studying computer science, decided to take daily selfies some years back. Through this everyday action that he kept from 2017 to 2021, the boy now has more than 1,000 photos.

Related Reading | Cardano Enters The Basho Stage: How It Improves Performance

Reporting through his official Twitter account, Ghozali disclosed that his aim for taking his selfies for five years is to create a unique video. He said that the video would be done after his college graduation.

With the emergence and popularity of NFTs, Ghozali made a twist in his plan and decided to mint his photos into NFTs. This led to his subsequent sales of the NFTs on OpenSea.

According to a tweet on January 10, 2022, Ghozali has commenced uploading his selfies on the OpenSea platform with a project name, ‘Ghozali every day.’ This post revealed that the cost of each picture is 0.001 ETH.

Despite its lack of significant artistic value, the project maintains a floor price of 0.42 ETH. Furthermore, Ghozali every day currently has over 355 ETH of traded volume. About 498 addresses now own an NFT from the project’s collection.

Indonesia Based Boy Named Ghozali Becomes Millionaire By Selling Selfies On OpenSea As NFTs
ETH follows bearish trend | Source: ETHUSD TradingView

IreneDAO NFTs Follow The Same Success Trend

In a similar wave, Irene Zhao’s NFT initiative is taking more ground among the top topics within the last week. Irene Zhao, a prominent personality within the crypto space, is an advisor at Konomi Network.

Her recent NFT initiative project, tagged IreneDAO, aims to become a global grassroots movement that will disrupt the creator economy. Currently, the project collection comprises Zhao’s photos with transcriptions on them inspired by memes.

Related Reading | Cardano Hits Bottom? What You Should Consider Before Rushing Into ADA

Reports from OpenSea revealed that the floor price of the IreneDAO collection has been below 0.2 ETH for a few past days. However, it is presently sitting at 3.59 ETH. Moreover, its traded volume has moved over 1,800 ETH from its time of initiation.

Featured Image from Shutterstock and Charts by TradingView
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Rida Fatima
Rida Fatima

Rida Fatima

Rida is a Tech freelancer and She’s a technology and cryptocurrency geek but also writes intuitive articles on other topics. Rida's motto is ‘‘Research Deeply, Test Thoroughly, and Write Simply’.’.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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