Famous billionaire Mark Cuban has unveiled his altcoin portfolio, which includes cryptocurrencies built on several NFTs and Ethereum (ETH). cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Mark Cuban has invested in these 7 altcoin projects!
According to ETH search engine EtherScan, Mark Cuban’s largest altcoin holdings include data exchange platform Ocean Protocol (OCEAN), cross-chain smart contract protocol Rarible (RARI), Olympus DAO (gOHM), and Audius (AUDIO). The businessman has also made a portion of his crypto wallet public and showcases his NFT collection on social crypto collection platform Lazy.
Mark Cuban’s collection includes NFTs built on ETH rivals Solana (SOL) and Polygon (MATIC), as well as ETH itself. In a recent interview with comedian Jon Stewart, Mark Cuban reveals that 80% of his most recent investments are in cryptoassets, as he believes the next generation is very likely to incorporate cryptocurrencies into their business models. Mark Cuban comments on the subject:
My current investments are not in traditional businesses, 80% of the investments I don’t make in Shark Tank are in and around cryptocurrencies.
Mark Cuban also shared the altcoins he wants to invest in!
Mark Cuban then tells Stewart that he is a less speculative investor, emphasizing that he believes decentralized cryptocurrencies will have legitimate use cases in business going forward. Mark Cuban comments on the subject:
Forget all the speculation you’ve read about Bitcoin and Dogecoin. Put that aside, this is just a game of stocks and everything. A decentralized autonomous organization (DAO), he says, is basically not a centralized organization. Everything is decentralized and reliable. So by that we mean there is no management group, no board of directors, no decision-making CEO… And thus, anyone who owns a token in that app typically has an equal, if not always equal, vote of the body to determine the direction of the network. This is changing the decision making process and this is where I want to invest.
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