Student turns his selfies into NFTs and earns a million dollars

A student turns his selfies into NFTs, sells them on OpenSea, and earns over a million dollars.

Selfies are very popular these days. It must be said that all or almost all of our smartphones have front cameras, and very many of them take a selfie or two from time to time. Someone takes ten a day, but that’s not the point. Have you ever thought about monetizing these selfies? This is exactly what a student named Sultan Gustav Al-Ghozali from Indonesia did. For the past four years, he has been taking selfies almost every day.

Student turns his selfies into NFTs and sells them on OpenSea

Our man then took his selfies and turned them into NFTs, non-fungible tokens, and sold them on a dedicated NFT trading platform OpenSea as part of a collection dubbed Ghozali Everyday. The student did not expect his NFTs to be so popular, so he put them up for sale for 0.00001 ETH, or about $3 based on the current market value.

and made over a million dollars

But Sultan Gustav al-Ghozali was wrong. Everyone wanted to buy their selfies. Some selfies were sold for a hefty sum of 0.9 ETH each. As a result of this operation, like no other, the entire collection was sold for approximately 381 ETH, or approximately 1.2 million dollars, or 880,000 euros in fiat currency.

If there is nothing special about these photos, then this collection and the income it has generated shows how crazy and highly speculative the NFT market can be. So it’s not surprising, after all, that a simple selfie can cost several thousand dollars, especially since we know some people have paid the equivalent of over $600,000 to afford a yacht in the NFT. In other words, if you have a collection of selfies on your smartphone, who knows, you might be able to cash in on it.