LinkedIn co-founder and well-known investor Reid Hoffman changed his X account avatar to Cryptopunks, making a high-profile announcement of joining its community

On October 26, it was reported that American internet entrepreneur, venture capitalist, podcast host, and LinkedIn co-founder Reid Hoffman changed his X account avatar to a Cryptopunks NFT and posted: "I bought this NFT a few months ago. I have been investing in the crypto space since 2013, and I am now excited to join one of the most influential communities in the field." Reid Hoffman graduated from Stanford University with a bachelor's degree in Symbolic Systems and Cognitive Science (1990), and as a Marshall Scholar, earned a master's degree in Philosophy from Wolfson College, Oxford University (1993). Hoffman co-founded LinkedIn in 2002 and served as Executive Chairman until it was acquired by Microsoft for $26.2 billions in 2016, after which he joined the Microsoft board. He was an early board member and Chief Operating Officer of PayPal, contributing to its growth before it was acquired by eBay in 2002. As a venture capitalist, he is a partner at Greylock Partners, Chairman of Village Global, and has invested in multiple companies such as Airbnb, Facebook, Aurora Innovation, and Joby Aviation.