Tech

Indonesian student's selfies fetch US$1 million in NFT sales

Sultan Gustaf Al Ghozali has taken a picture of himself sitting in front of his computer almost every day for the last five years

Updated 4 years ago · Published on 15 Jan 2022 12:30PM

Indonesian student's selfies fetch US$1 million in NFT sales
Indonesian college student Sultan Gustaf Al Ghozali, who became an internet sensation after turning hundreds of his selfies into NFTs with his collection traded for a total of more than US$1 million in transactions, poses at his college in Semarang on January 14. – AFP pic, January 15, 2022

SEMARANG – An Indonesian college student has become an internet sensation after trade in the digital rights to his selfies fetched more than US$1 million (RM4.18 million) on a platform for non-fungible tokens.

Sultan Gustaf Al Ghozali, who studies computer science at a university in the central city of Semarang, has taken a picture of himself sitting in front of his computer almost every day for the last five years.

He intended to use the collection of nearly 1,000 selfies to create a timelapse video for his graduation day.

But after learning about blockchain technology, the 22-year-old decided to upload the photos to NFT trading platform OpenSea under the title 'Ghozali Everyday'.

"I was thinking it might be funny if one of the collectors collected my face," Ghozali told reporters at his university's campus on Thursday. 

"I never thought anybody would want to buy the selfies, which is why I only priced them at US$3," he said.

But on Friday one selfie was available for 0.247 of the cryptocurrency ether (US$806) after demand shot up.

NFTs have transformed digital items ranging from illustrations to memes into virtual collectors' items that cannot be duplicated.

Ghozali started to upload his selfies in late December but it was not until a celebrity chef snapped some up last week and promoted Ghozali on his social media account that sales took off.

In the next few days more than 400 people bought ownership of his expressionless photos.

As of Friday afternoon, Ghozali's collection had reached a total trade volume of 317 ether, equivalent to more than US$1 million.

"To be honest I still haven't got the courage to tell my parents, they would be wondering where I got the money from," Ghozali laughed.

On his Twitter account, where he has more than 16,000 followers, the student often offers updates on his OpenSea statistics.

"Today (I) sold more than 230+ (selfies) and until now I don't understand why you want to buy #NFT photos of me !!! but i thank you guys for 5 years of effort paid off," he tweeted on Tuesday.

Ghozali, who dreams of opening his own animation studio one day, said he plans to invest the money and will continue to take daily selfies until he finishes college. – AFP, January 15, 2022

Related News

World / 2w

Powerful earthquake strikes off coast of Indonesia; tsunami warning issued

Events / 3w

Former Indonesian president in Penang next month for inaugural Peace Dialogue

Fashion / 3mth

Fashion icon, venture capitalist come together to unlock value of creative arts and fashion industries

Malaysia / 4mth

Hajiji denies claims Sebatik Island land was handed over to Indonesia

Sports & Fitness / 7mth

Malaysia clinches three titles at Indonesia Masters

Sports & Fitness / 8mth

Valencia coach Fernando Martin dies in Indonesia boat accident

Spotlight

Malaysia

Desa ParkCity deaths: Netizens voice concern, call for increased enforcement, crackdowns on scammers

Malaysia

Seven Yemenis arrested over dangerous stunt on KL road

Malaysia

UMNO gives state leaders mandate to negotiate electoral pacts

Malaysia

Sultan Selangor warns against greed, abuse of trust

By Alfian Z.M. Tahir

Malaysia

Form Six students to get allowance from 2027

Malaysia

Desa ParkCity deaths: Wife believed to be victim of love scam, say cops

Malaysia

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia

Thirteen arrested after teen girl dies in suspected gang-related road attack in Kulai

You may be interested

Off beat

Time to look beyond manufacturing and tourism sectors, says Penang CM

By Ian McIntyre