Student Turns His Selfies Into NFTs, Makes Millions In The Process

Pretty much all our phones take forepart-facing cameras, and more than often than not, we take a selfie or 2 every at present and then, only have y'all ever thought of monetizing those selfies? That's what a educatee by the name of Sultan Gustaf Al Ghozali from Indonesia did, where for the past four years, he took a selfie nigh pretty much everyday.

He and then took those selfies and turned them into NFTs, as well known equally not-fungible tokens, and sold them on NFT platform OpenSea equally part of a collection called Ghozali Everyday. Co-ordinate to Ghozali, he did non wait his NFTs to be particularly popular, which is why he priced them at a very low cost of 0.00001 ETH, which is roughly $3 based on the current marketplace value.

Yet, information technology turns out that Ghozali was incorrect because everyone wanted in on the action where sales of some of the NFTs actually shot up to 0.9 ETH each, resulting in the entire collection rocketing up to 381 ETH, which is around $one.2 million in fiat currency.

While at that place's nothing especially special nearly the photos, information technology but goes to show how crazy and speculative the NFT market is correct now, and why it's not surprising that a regular selfie can be worth thousands of dollars, especially when people are buying NFT yachts for over $600,000. And then, if yous happen to have a collection of selfies sitting in your phone collecting digital dust, who knows, perchance y'all can make money selling them.

Filed in . Read more almost Nft and Social Striking. Source: petapixel