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

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

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

Pretty a lot all our telephones have front-facing cameras, and as a rule, we take a selfie or two once in a while, however have you ever ever considered monetizing these selfies? That’s what a pupil by the identify of Sultan Gustaf Al Ghozali from Indonesia did, the place for the previous 4 years, he took a selfie virtually just about on a regular basis.

He then took these selfies and turned them into NFTs, also called non-fungible tokens, and offered them on NFT platform OpenSea as a part of a group known as Ghozali Everyday. According to Ghozali, he didn’t anticipate his NFTs to be notably in style, which is why he priced them at a really low value of 0.00001 ETH, which is roughly $3 primarily based on the present market worth.

However, it seems that Ghozali was improper as a result of everybody needed in on the motion the place gross sales of among the NFTs truly shot as much as 0.9 ETH every, leading to your complete assortment rocketing as much as 381 ETH, which is round $1.2 million in fiat foreign money.

While there’s nothing notably particular concerning the photographs, it simply goes to indicate how loopy and speculative the NFT market is correct now, and why it’s not stunning {that a} common selfie could be value 1000’s of {dollars}, particularly when individuals are shopping for NFT yachts for over $600,000. So, if you happen to occur to have a group of selfies sitting in your cellphone gathering digital mud, who is aware of, possibly you may make cash promoting them.

Filed in General. Read extra about Nft. Source: petapixel

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