If you can go to any number of services that allow you to generate images via DALL-E imagine what you will see 1-2-3 years from now, when this service becomes mainstream.

Seriously … type in anything you want, like:

man in black suit placing his head on a photostat machine which has light rays on it like god, naturalistic

And you get some spooky looking shit:

Think about a world where designers, dads, dignitaries and dog bowl salesmen all have the opportunity to tell a computer to draw them an 8K image of their own description. Use said image however you like. And because it’s AI, you’ll probably never see the same 2 images again. Anyone who has ever collected anything knows the value of scarcity.

It has been said that you can understand any civilization that ever existed by looking at its words, its deeds, and its art. Given enough time, we will look back at this as the birth of one of the greatest artists to come from the 2020s: DALL-E.

Now in this same fictitious not-too-distant future where we don’t blow each other up and there’s plenty of food and water for the planet, we’ll want to do stuff like collect and share stuff online, because that is where ~11 hours of our days are typically spent (check your Screen Time stats lately?). The stuff we collect is then internalized by the end user as part of their identity. Where else can you find identity as a service?

Valuable idea, would you agree? So when ‘the generation of images’ is commoditized, how do you assign value? Scarcity. It’s like that Twitter/Reddit comment that 1000% nails it as a reply. Why didn’t I think of that? Well now you can get paid (in tokens) for thinking of things first.

Going back to the image example above, I literally copied/pasted the string and generated image from a Discord server. As I write, there are dozens of these interesting assemblies of words being pumped to this service every minute. For example, “A bobcat wearing a top hat and monocle”

Will get you this:

Bobcat aficionados out there now have the ability to create unique birthday cards, advertisements, art work, and children’s books all with stunning definition. And if I were that aficionado I should thank @TStop for giving me the idea; like that mic-drop Tweet I was talking about.

Under the Web3 rules, @TSTop could get credit for generating this image – but only if it were minted as an NFT. Here is where the people who have more skill/time to than others to tell an AI what to do will win. Rightfully compensated for their work and intellectual property.

And these things don’t need to be sold at ludicrous ape prices. One can build a great side business as a DALL-E artist. Someone’s going to figure out how to scale that, too.

In summary, to get on the NFT train means to take a bet on yet-to-be-defined markets. But given the open and sharing nature of the internet, NFTs represent the ability to stake a claim to something valuable in the sea of information that we spend 12 hours per day on. Value is determined by the buyer and seller, and facilitated by the blockchain – wallet to wallet, no middlemen.

So, to paraphrase, what’s in your wallet?

If you can go to any number of services that allow you to generate images via DALL-E imagine what you will see 1-2-3 years from now, when this service becomes mainstream.

Seriously … type in anything you want, like:

man in black suit placing his head on a photostat machine which has light rays on it like god, naturalistic

And you get some spooky looking shit:

Think about a world where designers, dads, dignitaries and dog bowl salesmen all have the opportunity to tell a computer to draw them an 8K image of their own description. Use said image however you like. And because it’s AI, you’ll probably never see the same 2 images again. Anyone who has ever collected anything knows the value of scarcity.

It has been said that you can understand any civilization that ever existed by looking at its words, its deeds, and its art. Given enough time, we will look back at this as the birth of one of the greatest artists to come from the 2020s: DALL-E.

Now in this same fictitious not-too-distant future where we don’t blow each other up and there’s plenty of food and water for the planet, we’ll want to do stuff like collect and share stuff online, because that is where ~11 hours of our days are typically spent (check your Screen Time stats lately?). The stuff we collect is then internalized by the end user as part of their identity. Where else can you find identity as a service?

Valuable idea, would you agree? So when ‘the generation of images’ is commoditized, how do you assign value? Scarcity. It’s like that Twitter/Reddit comment that 1000% nails it as a reply. Why didn’t I think of that? Well now you can get paid (in tokens) for thinking of things first.

Going back to the image example above, I literally copied/pasted the string and generated image from a Discord server. As I write, there are dozens of these interesting assemblies of words being pumped to this service every minute. For example, “A bobcat wearing a top hat and monocle”

Will get you this:

Bobcat aficionados out there now have the ability to create unique birthday cards, advertisements, art work, and children’s books all with stunning definition. And if I were that aficionado I should thank @TStop for giving me the idea; like that mic-drop Tweet I was talking about.

Under the Web3 rules, @TSTop could get credit for generating this image – but only if it were minted as an NFT. Here is where the people who have more skill/time to than others to tell an AI what to do will win. Rightfully compensated for their work and intellectual property.

And these things don’t need to be sold at ludicrous ape prices. One can build a great side business as a DALL-E artist. Someone’s going to figure out how to scale that, too.

In summary, to get on the NFT train means to take a bet on yet-to-be-defined markets. But given the open and sharing nature of the internet, NFTs represent the ability to stake a claim to something valuable in the sea of information that we spend 12 hours per day on. Value is determined by the buyer and seller, and facilitated by the blockchain – wallet to wallet, no middlemen.

So, to paraphrase, what’s in your wallet?