LinkedIn Founder Reid Hoffman Turns DALL-E Art into Digital Assets

Reid Garrett Hoffman, Co-founder and executive chairman of linked, created Solana NFTs based on the images he creates using DALL.E2-OPenAI, which creates realistic images using a description in natural language. Hoffman announced his initiative that he will auction his first piece on Magic Eden, which is the newly launched crypto to become a unicorn.He admired the features of DALL.E2 on his Twitter, and the following are the highlights - using this platform, you can create hundreds of expert-rendered pictures without artistic experience. You can also save the DALL.E original and make infinite copies with a single right click. Each time you enter the text prompt, This tool generates four different images in a matter of seconds. If you don’t like the generated images, you can hit the Generate button to produce new images. 

The first project, named “Untranslatable words,” is released in a series of daily auctions on Magic Eden. The project is a span of 11 pieces of tokenized images created using DALL-E2, and the auction of the first piece Mångata began.

If the piece is claimed, all the royalties will be transferred to charity related or the creative team. If it receives zero bids, it gets burned and disappears as an NFT in the collection forever. The second piece of the collection Voyale is on auction with the highest bid of 50 SOL or $2,042. 

Hoffman also commented that if great artists like Da Vinci, Pablo Picasso were alive today, they would be experimenting with DALL-e. Hoffman feels DALL-E and NFT together can scale and democratize the digital scarcity. He explained it with an example of a music venue. It could use this OpenAI to create unique illustrated tickets for every show where the users can get the highly personalized artifact to memorialize the concert. 

He also quoted that visual expressions exist with technology, and he is experimenting with his team to understand better all the possibilities enabled by NFTs.