• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, May 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Mark Cuban quotes metaverse as “Dumbest S*** Ever”

by Nishant K
August 10, 2022
in Crypto, Metaverse
Reading Time: 2 mins read
0
Mark Cuban calls metaverse Dumbest Shit Ever

Credits: Inc. Magzine

TwitterWhatsappLinkedin

Metaverse setting up digital lands for sale

Metaverse from an organic perspective means digital universe. Social Media giant Facebook, renamed itself to Meta in 2021, which contributed to the hype about metaverse. The name changing had a positive impact on the industry, as the industry peaked and reached its top. Facebook also propelled a digital plot selling initiative, in the so-called meta-verse platforms created by Sandbox and Decentraland.

You might also like

Best Crypto to Buy Now: AurealOne — An Explosive Coin Everyone Is Betting On!

DOJ Opens Criminal Investigation After Coinbase Data Breach

On-Chain Resilience Drives Bitcoin to New Heights

According to the reports, it is known that the platforms provide the interested investors an opportunity to purchase land as an NFT. The land as an NFT then can be utilized to create virtual buildings or can be reauctioned at Open Sea.

Many big companies went ahead to buy the virtual lands. The list of the companies included Adidas and many more. Though many companies were positive about the dealing of virtual land, some of them went on to criticize the concept and among them was one of the most renown entrepreneur Mark Cuban.

Mark Cuban went on to comment that, it is illogical to deal in metaverse, especially in land dealings. Let’s look at the whole story below.

 

“The Dumbest Shit Ever” – Quoted by Mark Cuban

Last week when the entrepreneur spoke to altcoins, he was heard saying that metaverse is the “Dumbest Shit Ever” in regards to land dealings. The tycoon’s thoughts come as the euphoria that has been building up around the digital world appears to be waning.

 

Mark Cuban’s interest in digital asset industry!

Though Mark Cuban made such a criticizing statement about metaverse, he is indeed an investor of Yuga Labs, which creates the Bored Ape NFT. So, it would be fair to assume that, Mark Cuban is not pleased with the concept of Metaverse but is in support of the digital asset industry broadly.

Declining trend for Metaverse

Metaverse's declining trend
Credits: LeewayHertz

According to the reports, it is believed that Metaverse is going in a declining trend, since last November 2021. Part of it has to be co-related to the cryptocurrency market crash, which technically brought the entire digital asset industry down. Since August 6, the top five metaverse platforms have sold around $150,000 worth of goods.

 

Writer’s Report:

I personally don’t completely agree with Mark Cuban’s thoughts. Well yes, such a demand for metaverse seems too unrealistic, but, calling it dumb shit doesn’t go down well with me, as I believe there is space for Metaverse, to grow leaps and bounds in the digital asset industry.

___________________________________________________________________________________________________________________

Share your thoughts about Mark Cuban’s comments about metaverse in the comment section below. Please share this article with your friends and family in case you liked it.

 

Tags: #CryptobitcoinEthereummetaverseNFTYuga Labs
Tweet54SendShare15
Previous Post

The Leading European Countries Gambling Sites

Next Post

The news of Reddit and FTX integration creates an adrenaline pump in the market

Nishant K

Recommended For You

Best Crypto to Buy Now: AurealOne — An Explosive Coin Everyone Is Betting On!

by Techstory
May 21, 2025
0
Best Cryptos To Buy Now: Game On with AurealOne- The Presale Revolution Powering Blockchain Gaming!!

Finding the safest bet in an unpredictable crypto world? With a market full of established and emerging presales, spotting high-potential investments can be frustrating for many investors. No...

Read more

DOJ Opens Criminal Investigation After Coinbase Data Breach

by Anindya Paul
May 20, 2025
0
Coinbase

The U.S. Justice Department has initiated a criminal inquiry into a recent data breach in Coinbase Global, the largest cryptocurrency exchange in the world, highlighting the increasing threat...

Read more

On-Chain Resilience Drives Bitcoin to New Heights

by Anindya Paul
May 20, 2025
0
Bitcoin

Over the last several weeks, Bitcoin has teased its all-time high (ATH) of around $109,000, but market cynics issuing a double-top formation warning might be too quick on...

Read more
Next Post
Reddit integrates with FTX Pay

The news of Reddit and FTX integration creates an adrenaline pump in the market

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?