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Nftnews Today “Buying Digital Land Is The Dumbest Sh*t Ever”

Billionaire Mark Cuban, the infamous crypto investor and self-proclaimed Ethereum maximalist, is just not a fan of digital land. In a current Youtube interview with Altcoin Day by day, he spoke about metaverse digital land and the problems he has with it.


image of Mark Cuban with trophy digital land
Billionaire Mark Cuban, the crypto advocate and investor, is just not a fan of metaverse digital land.

Mark Cuban is just not a fan of digital land

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Mark Cuban is among the wealthiest males on the planet 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 half is that folks purchase actual property in these locations. That’s simply the dumbest sh*t ever.”

Mark Cuban can also be involved in regards to the shortage of metaverse land and whether or not this makes the plots extra useful. “It’s not even nearly as good as a URL or an ENS [Ethereum naming service] as a result of there are limitless volumes you may 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 important NFT collections within the house. 

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 acknowledged, “I nonetheless thought it was dumb to do the actual property. That was nice cash for them, however it wasn’t based mostly on a utility.”

Don\'t Miss THIS ONE !  What tension is brewing between Yuga Labs and Bored Ape Yatch Club ?

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. 

 


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