LinkedIn Founder All Set to Launch DALL-E AI Art as Solana NFTs

LinkedIn co-founder Reid Hoffman is releasing a collection of Solana-based NFTs based using images he created with the help of OpenAI’s DALL-E 2 artificial intelligence (AI) system. Reid Hoffman To Turn DALL-E AI Art Into NFTs Hoffman announced the initiative today on Twitter, saying that the first collection debuted on Magic Eden, the largest NFT Marketplace on Solana, at 4:00 p.m. ET. Inspired by the potential of DALL•E and NFTs — and the possibilities that they unleash together — my team and I have created a number of small image collections that we'll be tokenizing as NFTs. The first collection debuts on Magic Eden today. Here's why I'm experimenting: — Reid Hoffman (@reidhoffman) July 21, 2022 The NFT titled “Untranslatable Words” consists of 11 tokenized images on the Solana blockchain, originally created on DALL-E 2, which generates realistic images and art from a description in a certain language. The first piece in the collection, “mångata,” is up for auction and has a current top bid of 12 SOL, or about $517. According to the Magic Eden listing, the Swedish term means “the road-like reflection of the moon on water.” Hoffman wrote that he was inspired by “words that exist in another language where no single-word equivalent in your own language exists.” Hoffman also said that the current bearish market is very lucrative for developers and entrepreneurs who want to work in this space and are focused “on long-term value ...