Mark Cuban Thinks “NFTs Are Still Alive” — Showcases 100+ Collection
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Billionaire investor and NBAers Dallas Mavericks The owner Mark Cuban on Monday said that “NFTs are still alive” and have a “great base of collectors.”
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What happened: Cuban shared his optimistic views about NFTs and revealed his collection, which includes a Crypto-punk NFT, Bored Ape Yacht Club NFT, Dallas Mavericks V3 among other collections on the Lazy platform.
His highest listed NFT, the Bored Ape Yacht Club NFT, has already been bid on for $100,000. According to Lazy, Cuban owns more than 100 NFTs on Ethereum (CRYPTO: ETH), Polygon (KRYPTO: MATIC) and Solana (CRYPTO: SOL) blockchains.
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Why it matters: Cuban first mentioned his fascination with NFTs and his journey into the crypto space at The North American Bitcoin Conference on January 19, 2022.
“I have always been aware of bitcoin, its prices, tokens and [crypto] currencies,” Cuban said, as quoted by CNBC. “But what really got me into it was, about a year ago, when I minted my first NFT,” he went on to say.
The opportunity to also earn royalties on secondary sales of his NFTs also appealed to him. “The fact that you can take a digital file — audio, video, image, whatever — and not only create it to sell it, but also attach royalties to it, I’m like, ‘How can you do that?’ you can’t do that with anything physical,” he added.
In March 2021, Cuban created an online art gallery to showcase NFT artwork, the site is called Lazy.com.
Price action: At the time of writing, Bitcoin was trading at $27,792.23 down 1.13% in the last 24 hours, according to Benzinga Pro.
Read next: Bitcoin, Ethereum, Dogecoin fall as post-debt rally ends: Analyst, who predicted 2021 bottom, says ‘Moon Time’ for King Crypto if this happens
