According to a recent interview, billionaire Mark Cuban started investing in non-traditional businesses. Cuban shared his NFT and crypto money investments. Cuban revealed that he invested 80 percent of his money in crypto. cryptocoin.com We are giving the details as…
Here is Mark Cuban’s NFT and cryptocurrencies!
Mark Cuban, the owner of the Dallas Mavericks, an NBA team made famous by the ABC reality show Shark Tank and recently partnered with crypto company Voyager, said his interest in decentralized autonomous organizations (DAOs) has increased primarily. DAOs are a network of governance token holders. Cuban also warned banks to fear decentralized finance. He is optimistic about smart contracts, DAOs and DeFi.
He also invested in a fintech company called Seashell, which offers high returns through crypto-backed loans. Cuban; He says cryptocurrencies are split 60, 30 and 10 percent respectively in Bitcoin, Ethereum and altcoins. Judging by a wallet allegedly owned by Cuban, Cuban’s altcoins include Ocean Protocol (OCEAN), Rarible (RARI), Olympus DAO’s governance token OHM (gOHM), and Audius (AUDIO).
He recommends that the utility of a token should be determined before investing, because the utility fuels value creation. Cuban acknowledged that cryptocurrency may not be for everyone right now, saying that cryptocurrency is difficult to understand and that it is a hassle. But he thinks that ten years from now, there will be successful ones, which will create its own economy. Cuban owns several NFTs, including a Cryptopunk and at least one Bored Ape.
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