Ghozali Everyday Effect, Litedex.io Ready to Accommodate Creators

Jakarta - The phenomenon of Ghozali Ghozalu (Ghozali everyday), a young man from Semarang has gone viral for selling his selfie photo which is used as a Non-Fungible Token (NFT) in the OpenSea marketplace. He took the selfie every day from 2017 to 2021. There were 933 photos offered.

At first, Ghozali sold each photo for 0.001 ETH or around IDR 48,000. But thanks to its consistency, who would have thought that currently there are selfie photos that sell for Rp. 14 million to Rp. 13 million. If calculated from the total photo collection, Ghozali's NFT business has reached Rp 12.6 billion.

NFT or Non-Fungible Token is a digital asset in the form of works of art or collectibles that are considered to have value. These assets can be videos, photos, pictures, songs, sound recordings, games and so on. These NFTs are traded online and when they make transactions using cryptocurrencies. As for the value or price of the NFT itself, it has been determined by the market according to the amount of existing demand.

Quoting from the official website, OpenSea is a peer-to-peer marketplace for NFT, the largest in the world. Founded in 2017 by Devin Finzer and Alex Atallah in New York, United States. OpenSea is based on the Ethereum standard ERC-721 and Polygon.

So, this platform is a place for buyers, sellers, and NFT creators to transact.

The viral news from the figure of Ghazali suddenly made the public curious, especially NFT creators in Indonesia began to realize and are increasingly competing to create unique digital works that are attractive and liked by the global NFT market.

As we know that currently, there are many platforms that offer blockchain-based financial systems. But not a few of the Indonesian people are still ambiguous or confused about the world of blockchain.

The OpenSea platform is already popular for global and Indonesian creators, but now there are also local NFT marketplaces that are ready to compete in the global arena, such as the one being developed by the Litedex Protocol.

As a multi-project platform, litedex.io is serious about developing NFT Marketplace features. Besides aiming to expand the ecosystem, the development of the NFT Marketplace also aims to promote the work of local creators to be ogled by global investors.

Litedex Protocol with the website domain Litedex.io also invites and opens wide opportunities for all parties to be creative in the digital space so that it can improve the community's economy.

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