Sultan Gustov Al Ghozali, a 24-year-old Indonesian who made $1 million from an NFT assortment in 2022, just lately launched a sequel of his NFT mission. The second initiative is themed round a memecoin presale fused with non-fungible capabilities.
In January 2022, Ghozali rolled out an NFT assortment referred to as Ghozali On a regular basis. Every NFT featured selfie images the Indonesian took of himself on daily basis between 2017 and 2021. He initially supposed to create a video collage of himself all through his education years till commencement from faculty.
Nonetheless, plans modified after he realized in regards to the NFT realm and dropped 933 selfies as NFTs on OpenSea for 0.001 ETH apiece. The NFT group resonated with the gathering and invested closely in it, pushing its ground worth increased.
Ghozali tweeted in August 2023 that he would cease taking day by day selfies as he graduated from faculty. He subsequently grew to become quiet on X for months.
Ghozali Makes a Comeback to the NFT Scene
Roughly six months after going off the scene, Ghozali resurfaced in March 2024 with a brand new initiative. Following the bitcoin halving hype and memecoin frenzy that saturated the market that month, Ghozali launched a memecoin mission tied to the Ghozali On a regular basis mission.
The second mission was a memecoin and NFT hybrid on the Ethereum layer-2 blockchain Base. The selection to embrace the Base community got here amid a surge in engagement from a number of crypto initiatives. Round that point, the layer-2 community soaked up over $2 billion in complete worth locked (TVL) as Ethereum launched the Dencun improve.
Ghozali’s second iteration into the blockchain area had a complete provide of 1,500 tokens. It additionally had a minimal worth of 0.05 ETH and a most worth of two ETH apiece. The creator famous that there can be no addition to the whole provide.
Following the presale, the Indonesian selfie man netted 527 ETH price about $1.8 million on the time. The determine was increased than its anticipated cap of 400 ETH. Selling transparency and equity, Ghozali famous that he would refund those that spent greater than 2 ETH.
The fast sell-out of the Ghozali-themed memecoins indicated that non-fungible degens are additionally within the memecoin tradition. The profitable presale underscores a singular mix between the NFT realm and the memecoin market.
