Shark tank star and billionaire investor Mark Cuban has unveiled his crypto portfolio, which includes altcoins built on Ethereum (ETH) and several non-fungible tokens (NFTs).
Data exchange platform among Cuban’s largest altcoin holdings, according to ETH search engine EtherScan Ocean Protocol (OCEAN), cross-chain smart contract protocol Rarible (RARI), Olympus DAO‘s management token Governance OHM (gOHM) and music streaming blockchain Audius (AUDIO) is located.
In addition, the owner of the Dallas Mavericks businessman has made some of his crypto wallet public, and he is also displaying his NFT collection on the social crypto collection platform Lazy.
A MATIC fan, Cuban’s collection includes NFTs built on ETH rivals Solana (SOL) and Polygon (MATIC), as well as NFTs built on ETH itself.
In a recent interview with comedian Jon Stewart, Cuban reveals that 80 percent of his most recent investments outside of Shark Tank are in cryptoassets, as he believes the next generation is very likely to incorporate cryptocurrencies into their business models.
“My current investments are not in traditional businesses; In fact, 80 percent of my investments outside of Shark Tank are in cryptocurrencies and the crypto industry.”
Later in the conversation, he claimed to Stewart that he wasn’t much of a speculative investor and said he believes decentralized cryptocurrencies will have legitimate business use cases in the future.
“Forget all the speculation you’ve read about Bitcoin and Dogecoin. It [spekülasyonlar] as an aside, this is just a gamemanship with things like stocks (the art of winning games in questionable ways without actually breaking the rules).
A decentralized autonomous organization (DAO) basically means a protocol without a centralized organization. All decentralized and trustless (you don’t need to rely on any outsider, institution or other third party for a network or payment system to work). By Trustless, we mean the absence of a management group, board of directors, or decision-making CEO…
As a result, everyone who owns a token in that app usually has an equal, though not always equal, vote to determine the direction of the trunk and the net. This changes the decision making process and this is exactly where I want/think about investing.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.