KEY POINTS
The student from Indonesia who made headlines in 2022 for his lucrative venture of selling selfies as non-fungible tokens (NFTs) has returned with a new plan — a memecoin and NFT hybrid project that has already garnered almost $2 million in funding.
Sultan Gustaf Al Ghozali, the young “entrepreneur,” gained widespread attention when he chose to mint 1,000 selfies taken over a span of 5 years as NFTs. Initially priced at $3 each on OpenSea, his collection, dubbed “Ghozali Everyday,” swiftly escalated in value to 315 ETH, equivalent to $1,041,325 at the time.
Following his initial success, Ghozali seemed to withdraw from the limelight, expressing regret over the proliferation of his selfies across the internet despite acknowledging the financial gains and popularity they brought him.
“6 years taking selfies every day is the stupidest idea I ever came up with, but luckily I can make money from it,” Ghozali shared on an X (Twitter) post in August 2023.
Nevertheless, the allure of financial opportunity appears to be a driving force for Ghozali. He made a comeback on social media on March 22, announcing the launch of the second phase of “Ghozali Everyday” — a memecoin and NFT hybrid project on the Base blockchain.
These NFTs, operating within the ERC404 ecosystem, showcase Ghozali’s selfies captured from 2022 until his graduation day in 2023, with a promise of an airdrop to holders of his initial NFTs.
Since its announcement, the presale of Ghozali’s project has already garnered 528.59 ETH, equivalent to $1,940,396, according to the presale address.
Ghozali has teased holders with promises of utility in a video shared on social media, although specific details remain undisclosed for now.
Despite his entry into the NFT market during its peak year, Ghozali continues to attract interest from the community. Yet, interest can also be attributed to the year starting on a positive note, marked by record-breaking NFT sales. Just days ago, an NFT featuring a viral photo of a Shiba Inu sporting a hat fetched a staggering $4.3 million.
Notably, Ethereum, Solana, and Bitcoin have all experienced upticks in value in recent months, signaling a potential market recovery following downturns in 2023.