Entrepreneur Mark Cuban unveiled that he invests 80% of his holdings in crypto.
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In a later interview during "The Problem With Jon Stewart", Cuban said that currently, he doesn't invest in traditional establishments.The NBA team Dallas Mavericks owned by Cuban partners with the publicly traded crypto platform Voyager. The collaboration has several goals; to increase crypto awareness through various programs, reach
The NBA team allows Dogecoin payments.
Mark Cuban believes that in 10 years, the companies that build their economies will achieve success. There are some problems that the industry needs to overcome, Cuban mentioned. Among them is that crypto is difficult to understand, and it's a hassle.In his opinion, new technologies will modify the banking and insurance fields. Mark Cuban is mostly interested in investing in Decentralized Autonomous Organizations (DAOs) DAOs are decentralized, open source organizations where decisions are made not by a single entity or a group of managers, but by all the network participants.
Being a huge supporter of crypto, Cuban has made investments in different crypto projects, including Polygon, Aave, Lazy.com, and others.
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Previously, Cuban released an article about DeFi and its benefits.