Indonesian Man’s Selfie NFT Collection Now Worth Millions of Dollars
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An Indonesian man has become an overnight star after his selfie non-fungible token (NFT) collection took off on Ethereum-powered NFT marketplace OpenSea.
According to a report by The Block, Ghozali Ghozalu, 22, launched a selfie NFT collection dubbed “Ghozali Everyday“.
The collection consisted of selfies taken by Ghozalu every day from age 18 to 22, with each photo being sold for 0.001 ETH (~$3.25). Ghozalu described the project on OpenSea as really just “a picture of me standing in front of the computer day by day.”
The report claims the collection caught the notice of several NFT collectors, who quickly saw the meme-potential of the photos. Despite taking several days to sell out, the Ghozali Everyday collection was catapulted into OpenSea’s Top 40 by trading volume rankings, generating more than 256 ETH (~$870K) in sales.
While Ghozalu sold the collection for dollars apiece, the floor price has risen to 0.299 ETH ($950), and at one point was nearly 1 ETH, making the 933-piece NFT collection, thereby valuing the whole collection at around three million dollars.
As noted by The Block, the huge interest in the Ghozali Everyday collection is emblematic of the massive trading volume for NFTs that has swept the market since the start of the new year.
According to OpenSea, the NFT trading platform recorded more than $1.36 billion in volume through the first ten days of January 2022, putting the marketplace on pace for a record month.
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Photo by user TheDigitalArtist via Pixabay.com
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