Sultan Gustaf Al Ghozali, an Indonesian student, took a photo of himself every day for five years.
He sold his selfies as NFTs as a joke, and his collection has reached a trade volume of more than $1 million.
Ghozali has expressed confusion about why his selfies have become so popular.
An Indonesian student accidentally became a millionaire after selling his selfies as non-fungible tokens (NFTs).
An NFT is a unique digital asset representing ownership of real-world items such as photographs.
Sultan Gustaf Al Ghozali, 22, who studies computer science at college in Indonesia, took a photo of himself sitting in front of his computer every day for five years, according to France24.
In the photos, Ghozali looks into the camera with a distinctive expressionless look.
Read in disgust here: https://www.businessinsider.com/indonesia-student-makes-a-million-selling-expressionless-selfies-as-nfts-2022-1
When Forest Gump stumbles upon stacks of fiat cash, we have a problem...or an opportunity. This is a pure example of inefficient markets. In trading the financial markets, in order to rectify the problem, arbitrageurs exploit the weakness. This is done by capitalizing on what is lopsided. You repeat the process as much as you can until other participants come in and the situation rights itself whereby prices eventually normalize. This is cash on the table.
