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Billionaire Mark Cuban, the infamous crypto investor and self-proclaimed Ethereum maximalist, just isn’t a fan of digital land. In a latest Youtube interview with Altcoin Day by day, he spoke about metaverse digital land and the problems he has with it.
Mark Cuban just isn’t a fan of digital land
Mark Cuban is likely one of the wealthiest males on the planet and maybe certainly one of web3’s most well-known advocates. Nevertheless, in an interview with Altcoin Day by day final week, Mark Cuban talked about his dislike of metaverse land areas and the metaverse hype. Within the video, he stated, “The worst half is that folks purchase actual property in these locations. That’s simply the dumbest sh*t ever.”
Mark Cuban can be involved concerning the shortage of metaverse land and whether or not this makes the plots extra helpful. “It’s not even pretty much as good as a URL or an ENS [Ethereum naming service] as a result of there are limitless volumes you possibly can create,” he added.
Yuga Labs’ actual property sale was ‘dumb’
Surprisingly, Mark Cuban can be an investor in Yuga Labs. They’re the homeowners of Bored Ape Yacht Membership and CryptoPunks, the 2 most important NFT collections within the area.
In April, Yuga Labs raised someplace within the area of $317 million, for an expansive metaverse platform, by way of land gross sales. Mark Cuban stated he was not a fan of this digital land sale. He acknowledged, “I nonetheless thought it was dumb to do the true property. That was nice cash for them, however it wasn’t primarily based on a utility.”
Sooner or later, because the metaverse grows and evolves, it is going to be fascinating to see if Mark Cuban adjustments his thoughts on the metaverse.
