Billionaire Mark Cuban Confesses Love for Polygon and INJ

Billionaire Mark Cuban Confesses Love for Polygon and INJ

By Miles

30 Jan 2024 (10 months ago)

1 min read

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Mark Cuban favors Polygon and Injective in AMA, dismisses Bitcoin Layer 2, and remains cautious about digital tokens and music NFTs.

In a recent Ask Me Anything session, billionaire Mark Cuban noted that the Dallas Mavericks still accept Dogecoin. Although He sold a majority stake in the Dallas Mavericks to Miriam Adelson's family, Mark retained a partial stake and continued managing the team.

The Mavericks started accepting Dogecoin in March 2021 for tickets and merchandise, showing digital currencies are becoming more popular.

In the AMA, Cuban talked about liking Polygon and Injective, besides Bitcoin and Ethereum. His talks about cryptocurrency highlight the diversification and balance in his portfolio, he further warned the listeners about the risks of cryptocurrency. 

Mark Cuban made it clear that he’s cautious about turning sports teams and properties into digital tokens. He doesn't see much benefit in it. Additionally, when he was asked about his opinion on music NFTs, Cuban claimed that he isn't too excited about music NFTs, finding them unimpressive. He also thinks Bitcoin Layer 2 solutions aren't that important, focusing more on unique uses of digital assets.

Despite efforts to get more answers. Cuban wasn't interested in talking about the "dogwifhat" meme coin or the Solana network.

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