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Mark Cuban: Buying virtual parcels of the Metaverse is stupid, buyers only have access

August 9, 2022
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Billionaire Mark Cuban, owner of the NBA Dallas Mavericks, said on the Altcoin Daily podcast: People buy lots in the metaverse sucks — it’s the dumbest thing ever, and it’s super super dumb, Because in the crypto industry, it all comes down to the community, and after you create the community, you can figure out how crypto works.

However, Mark Cuban himself is an investor in Yuga Labs, which has successfully auctioned more than 55,000 virtual parcel NFTs in the Metaverse Otherside.

In this regard, Mark Cuban explained: I am an investor, but I think it is stupid, although they (Yuga Labs) make a lot of money, you call it virtual real estate, but it is really just a right of access.

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