Indonesian college student Sultan Gustaf Al Ghozali gained fame in 2022 for selling NFTs of his daily selfies and has now returned to the spotlight with a meme coin presale. Ghozali’s project, “Ghozali Everyday,” combines meme coins with NFTs on the Base blockchain. The presale exceeded its initial target of 400 ETH, reaching 527 ETH. Ghozali, a computer science student, initially gained recognition in the crypto world by minting NFTs featuring daily selfies taken over five years, earning him over $1 million. The project was a personal reflection on his academic journey from 18 to 22 years old, and he decided to end the project upon his graduation.
Reflecting on his success with the first edition of “Ghozali Everyday,” Ghozali expressed gratitude for the support and opportunity to turn his personal project into a profitable venture. With his graduation marking the end of his daily selfie tradition, Ghozali received recognition and financial success in the NFT space. After being absent from the crypto scene for a few months, Ghozali returned with a second edition of “Ghozali Everyday,” incorporating meme coins and NFTs on the Base blockchain. The project’s presale quickly surpassed the target, showing the continued interest in Ghozali’s unique blend of meme coins and NFTs.
The resurgence of meme coins has been fueled by traders on the Solana blockchain amidst a bullish surge in Bitcoin prices. Data shows that presale projects on Solana raised an impressive $100 million in just three days, highlighting the growing trend of utilizing presales to raise funds for unreleased coins. However, the presale mechanism is not without risks, as investors send cryptocurrency to a specified wallet address in exchange for tokens that may not be guaranteed. The recent frenzy around meme coin presales reached new heights with the launch of Book of Meme, which saw a significant increase in valuation within a short period.
Despite the profitability and excitement surrounding meme coins, concerns have been raised about the presale model and its susceptibility to fraud and scams. The launch of Book of Meme, which experienced a massive surge in valuation, also raised questions about the sustainability and transparency of meme coin projects. Ghozali’s second edition of “Ghozali Everyday” on the Base blockchain aims to combine meme coins and NFTs in a unique format, attracting interest from investors and traders looking to capitalize on the growing popularity of meme coins in the crypto space.
Ghozali’s success story as an Indonesian college student turned crypto entrepreneur highlights the potential for innovation and creativity in the NFT and meme coin space. By blending these two formats on the Base blockchain, Ghozali has created a new opportunity for investors to participate in a project that offers a unique combination of digital assets. Despite the risks associated with meme coin presales, Ghozali’s project has attracted significant attention and exceeded its fundraising targets, demonstrating the continued interest in unconventional and innovative projects within the crypto space. As the crypto industry evolves and adapts to new trends and technologies, individuals like Ghozali are paving the way for new forms of digital asset creation and investment opportunities.
