“Buying Digital Land Is The Dumbest Sh*t Ever”
Billionaire Mark Cuban, the infamous crypto investor and self-proclaimed Ethereum maximalist, shouldn’t be a fan of digital land. In a current Youtube interview with Altcoin Every day, he spoke about metaverse digital land and the problems he has with it.
Mark Cuban shouldn’t be a fan of digital land
Mark Cuban is among the wealthiest males on this planet and maybe certainly one of web3’s most well-known advocates. Nevertheless, in an interview with Altcoin Every day final week, Mark Cuban talked about his dislike of metaverse land areas and the metaverse hype. Within the video, he mentioned, “The worst half is that individuals purchase actual property in these locations. That’s simply 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 precious. “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 also be an investor in Yuga Labs. They’re the house owners of Bored Ape Yacht Membership and CryptoPunks, the 2 most vital NFT collections within the house.
In April, Yuga Labs raised someplace within the area of $317 million, for an expansive metaverse platform, via land gross sales. Mark Cuban mentioned 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 based mostly on a utility.”
Sooner or later, because the metaverse grows and evolves, will probably be attention-grabbing to see if Mark Cuban adjustments his thoughts on the metaverse.
