News Report
July 22, 2022

LinkedIn founder Reid Hoffman transforms AI-powered images into NFTs 

Reid Hoffman NFTs
Source: Reid Hoffman‘s article on LinkedIn

American entrepreneur and co-founder of business social platform LinkedIn, Reid Hoffman, is launching a series of Solana NFTs based on pictures he created with OpenAI’s DALL-E 2 artificial intelligence software. 

Hoffman announced the drop of his digital collectibles on Twitter, saying that he was inspired by DALL-E 2 and NFT technology. The billionaire challenges the notion of “a picture being worth a thousand words.” Instead, he wrote that “with DALL-E, the inverse is true: a single word is worth a thousand pictures.” 

“I’ve been struck by how DALL•E 2 simultaneously creates both digital abundance and digital scarcity,” Hoffman shared with his followers. 

The collection, dubbed “Untranslatable Worlds,” has 11 pieces. The first piece, called Mangata, which in Swedish means “the road-like reflection of the moon on the water,” is already up for auction in Magic Eden and currently has a top bid of 12 SOL. 

Proceeds from the collection will be split between charitable causes and Hoffman’s team of collaborators. NFTs that weren’t bought during the auction will be burned permanently. 

OpenAI’s platform was the first to start showcasing images created with DALL-E 2 back in April. Until yesterday, trading of images generated by DALL-E 2, including NFTs, was prohibited by OpenAI. The company launched its beta version yesterday, now allowing the commercialization of DALL-E-generated pictures. 

“Visual expression can’t exist without technology. Great artists have always been great innovators. If groundbreaking artists like Da Vinci, Pablo Picasso, Georgia O’Keefe, and Frida Kahlo were alive today, I’m sure they’d be experimenting with DALL-E,” Hoffman stated

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About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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