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

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

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].

More articles
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].

Hot Stories
Join Our Newsletter.
Latest News

Web3 Fundraising Report Q3 2023: A Overview of Evolving Trends and Strategies

In this report, we explore all the trends in the AI, crypto and web3 sectors and identify ...

Know More

Virtual Reality Superior Than Video Conferencing for Remote Work Collaboration: PWC Report

In today’s modern era of remote work, the traditional landscape of digital meetings and workshops is undergoing ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Chainlink (LINK) Announces Stacking Mechanism v0.2 Upgrade to Improve Network Functionality
Markets News Report
Chainlink (LINK) Announces Stacking Mechanism v0.2 Upgrade to Improve Network Functionality
November 30, 2023
Seraph Studio Launches ARPG Web3 Game ‘SERAPH: In The Darkness’ on Arbitrum One
Business News Report
Seraph Studio Launches ARPG Web3 Game ‘SERAPH: In The Darkness’ on Arbitrum One
November 30, 2023
NASA and IBM Partner to Develop Geospatial AI for Weather Prediction
News Report Technology
NASA and IBM Partner to Develop Geospatial AI for Weather Prediction
November 30, 2023
AntPool to Refund Record $3 Million Bitcoin Transaction Fee After User Error
News Report
AntPool to Refund Record $3 Million Bitcoin Transaction Fee After User Error
November 30, 2023
What You
Need to Know

Subscribe To Our Newsletter.
Daily search marketing tidbits for savvy pros.