The NFT sector is attracting more every day. The development of digital assets is generating unprecedented excitement. As cryptocurrencies go green, non-fungible tokens are also evolving and reaching new heights. Discover the LinkedIn Founder Project and see NFT in a whole new way.
Reid Hoffman is doing NFT
Non-fungible tokens are slowly creeping into our daily life. Over time, digital gains power over the physical and gradually imposes its dominance. Dominance was gradually achieved with the advent of social media, then cryptocurrencies and finally NFTs.
Since the inception of these resources, more and more people want to enter the field. We have to admit that the concept is innovative, attractive and safe. As a result, non-fungible tokens quickly became proof of power and wealth.
This is how the biggest fortunes enter the industry and test NFTs. Either as a buyer or as the owner of the collection. But in any case, everyone wants to join the movement while there is still time. As a result, we see celebrities such as Snoop Dogg, Pharrell Williams, Cristiano Ronaldo, and even major fashion houses. On July 21, LinkedIn co-founder Reid Hoffman announced that he was working on a small series of Solana-based NFTs.
Untranslatable words, a unique and surprising collection
Reid Hoffman, better known as the founder of LinkedIn, recently announced his NFT initiative. The Untranslatable Words collection is a collection of tokenized images created with DALL-E artificial intelligence. The concept of this project could confuse investors as the billionaire wants to crack the codes of NFT technology.
Using DALL-E, the businessman realizes that anyone can endlessly copy the original work. However, he believes in the potential of the platform and thinks he can take advantage of the opportunities it offers. Like cryptocurrencies, non-fungible tokens tend to scale.
Mangata Reid Hoffman NFT
Mangata, the first part of the collection, is already available in Magic Eden. According to the owner of Solana’s collection, the Swedish term somehow means the reflection of the moon in the water. Basically, it would be inspired by words in another language that have almost no meaning in your language. You can now purchase NFTs for up to $ 517 or 12 soles. Unredeemed tokens will be irremediably destroyed or burned.
The LinkedIn co-founder NFT project is an industry first. While there are many collections of non-fungible tokens, Reid Hoffman believes DALL-E technology has the potential to revolutionize this area. The collection consists of 11 looks that gradually reveal themselves every day. Purchasing these Solana-based tokens will help support charities and distribute funds to their employees.
Stay up to date on the world of cryptocurrencies by subscribing to our new daily and weekly newsletter so as not to miss anything important from FinanzasNews!