Billionaire Mark Cuban, the infamous crypto investor and self-proclaimed Ethereum maximalist, will not be 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 will not be a fan of digital land
Mark Cuban is likely one of the wealthiest males on the earth and maybe certainly one of web3’s most well-known advocates. Nonetheless, 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 part is that people buy real estate in these places. That’s just the dumbest sh*t ever.”
Mark Cuban can also be involved concerning the shortage of metaverse land and whether or not this makes the plots extra beneficial. “It’s not even as good as a URL or an ENS [Ethereum naming service] because there are unlimited volumes you can create,” he added.
Yuga Labs’ actual property sale was ‘dumb’
Surprisingly, Mark Cuban can also be an investor in Yuga Labs. They are the house owners 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 means of land gross sales. Mark Cuban stated he was not a fan of this digital land sale. He said, “I still thought it was dumb to do the real estate. That was great money for them, but it wasn’t based on a utility.”
Sooner or later, because the metaverse grows and evolves, it is going to be attention-grabbing to see if Mark Cuban modifications his thoughts on the metaverse.
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