{"id":572411,"date":"2024-01-31T03:00:30","date_gmt":"2024-01-31T03:00:30","guid":{"rendered":"https:\/\/wncen.com\/?p=572411"},"modified":"2024-06-11T14:45:10","modified_gmt":"2024-06-11T14:45:10","slug":"doge-bull-mark-cuban-talks-crypto-nfts-and-more-in-community-ama","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/doge-bull-mark-cuban-talks-crypto-nfts-and-more-in-community-ama\/","title":{"rendered":"DOGE Bull Mark Cuban Talks Crypto, NFTs, And More In Community AMA"},"content":{"rendered":"

On January 29, Mark Cuban, the businessman and television personality, took to the X platform (formerly known as Twitter) to have a conversation with his audience and the crypto community online.<\/p>\n

Related Reading: Dogecoin Price Prediction \u2013 DOGE Bulls Aim For Fresh Rally To $0.095<\/a><\/div>\n

What Projects Does Mark Cuban Invest in?<\/h2>\n

The Ask Me Anything (AMA) session<\/a> asked about Cuban\u2019s thoughts on various crypto-related topics. Notably, his replies to the community suggested the importance of a project\u2019s utility for the Shark Tank investor.<\/p>\n

When asked about his thoughts on crypto, Cuban stated “I hate the speculation but love when there is utility,\u201d similarly replying to a different question about on-chain finance \u201cneeds new ideas with more utility.\u201d Additionally, he explained that Bitcoin\u2019s Layer 2 solution aimed at scaling \u201cdoesn\u2019t matter at all,\u201d and emphasized his belief that \u201cIt\u2019s applications with unique utility that matter.\u201d<\/p>\n

Cuban believes blockchain technology<\/a> is here to stay but identifies two issues. The first concerns the existence of \u201ctoo many blockchains,\u201d and the second is the lack of an application that makes the technology “indispensable” for all generations.<\/p>\n

For these reasons, the businessman thinks blockchain technology\u2019s future is in the air but reaffirms that \u201cit will always have a place.\u201d However, he doesn\u2019t consider blockchain security one of the biggest problems.<\/p>\n

During the AMA session, the Shark Tank investor listed Polygon (MATIC), and Injective (INJ) as two projects he\u2019s interested in<\/a> outside the flagship cryptocurrency and the largest altcoin. When asked about his concerns on the project and growth of injective, Cuban said he didn\u2019t have any, but he hopes \u201cthey do well\u201d as he is an investor.<\/p>\n

The Doge community took part in the questions, and Cuban admitted that he enjoys being part of the community. He also confirmed that The Dallas Mavericks continue to accept DOGE as a payment method.<\/p>\n

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I don\u2019t think about it<\/p>\n

— Mark Cuban (@mcuban) January 29, 2024<\/a><\/p><\/blockquote>\n