Mark Cuban, the billionaire Dallas Mavericks owner and crypto enthusiast, has been extremely critical of cryptocurrency projects in recent months, calling digital land in the metaverse “the dumbest shit ever.”
Cuban is an investor in Yuga Labs, which recently made $317 million in metaverse land sales.that Mark Cuban, the billionaire investor and owner of the Dallas Mavericks, has been critical of the cryptocurrency-backed metaverse in recent months. Speaking to the crypto-themed YouTube channel Altcoin Daily this past weekend, Cuban stated “The worst part is that people are buying real estate in these places. That’s just the dumbest shit ever.
The same former employee stated that the company is “messaging the hell out of” the metaverse and is “spinning up teams that are metaverse specific.” One team will reportedly reach across all others within the company and inform them that there is a “metaverse playbook.” Metaverse platforms such as Sandbox and Decentraland have also grown in popularity, allowing investors to buy land as an NFT which can be developed with virtual buildings or resold on marketplaces such as OpenSea.
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