Indonesian Student Becomes A Millionaire After Selling A Thousand Selfies As NFTs For $1million

An Indonesian student has become a millionaire after selling thousands of selfies as Non-Fungible Tokens (NFTs) for more than $1million.

22-year-old Sultan Gustaf Al Ghozali, studying computer science at a university in the central city of Semarang, earned his newfound fortune after taking pictures of himself every single day for around five years.

Each picture is slightly different but features the same distinctive expressionless face, as he sits in front of his computer screen.

According to Mail Online, his initial idea behind the photos was to create a video time-lapse showing a snapshot of every single day he spent studying, which he could then use at his graduation.

But after earning about Non-Fungible Tokens (NFTs) he decided to try selling the funny-looking photos so as to see his face on other people’s collections.

The report said his photos officially went up for sale on the platform Opensea in December and after a celebrity chef snapped a few of the images up last week, he was flooded with more than 400 people purchasing the ownership rights to his images.

This high demand saw the price of his collection, under the title ‘Ghozali Everyday’, eventually surpass $1million.

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

France24 reports he said: ‘I never thought anybody would want to buy the selfies, which is why I only priced them at $3’.

Ghozali also revealed that he hasn’t been able to find the courage yet to tell his parents about the money he has made.

On his plan for the money,  Ghozali said he would invest the money he has made from his NFTs and set up his own animation studio. He will also continue to take the daily selfies until he graduates.

NFT, a Non-Fungible Token  is a unique digital token encrypted with an artist’s signature and which verifies its ownership and authenticity and is permanently attached to the piece.