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Billionaire Mark Cuban, the notorious crypto investor and self-proclaimed Ethereum maximalist, simply isn’t a fan of digital land. In a present Youtube interview with Altcoin Daily, he spoke about metaverse digital land and the issues he has with it.
Mark Cuban simply isn’t a fan of digital land
Mark Cuban is among the many wealthiest males on the planet and possibly one among web3’s most well-known advocates. Nonetheless, in an interview with Altcoin Daily closing week, Mark Cuban talked about his dislike of metaverse land areas and the metaverse hype. Inside the video, he talked about, “The worst half is that folk buy precise property in these places. That’s merely the dumbest sh*t ever.”
Mark Cuban could be concerned in regards to the scarcity of metaverse land and whether or not or not this makes the plots further priceless. “It’s not even practically nearly as good as a URL or an ENS [Ethereum naming service] on account of there are limitless volumes you’ll have the ability to create,” he added.
Yuga Labs’ precise property sale was ‘dumb’
Surprisingly, Mark Cuban could be an investor in Yuga Labs. They’re the owners of Bored Ape Yacht Membership and CryptoPunks, the two most essential NFT collections throughout the space.
In April, Yuga Labs raised someplace throughout the space of $317 million, for an expansive metaverse platform, through land product sales. Mark Cuban talked about he was not a fan of this digital land sale. He mentioned, “I nonetheless thought it was dumb to do the precise property. That was good money for them, nonetheless it wasn’t based on a utility.”
In the end, as a result of the metaverse grows and evolves, it is going to seemingly be attention-grabbing to see if Mark Cuban changes his ideas on the metaverse.
