AI

Metaverse Land is `Dumbest’ Buy Ever, Mark Cuban Says – Insider

Billionaire Mark Cuban, an investor on the reality TV series Shark Tank, said buying digital real estate in the metaverse is the “dumbest shit ever,” Business Insider reported.

Unlike real estate, virtual property does not depend on scarcity because unlimited amounts can be created, Cuban told Youtube channel Altcoin Daily, the story said. Cuban dismissed the metaverse, saying ”right now it’s more talk than anything,” according to the report.

Read the full report: Business Insider

 

Read more:

Sony Ready for Metaverse Revolution Across Platforms

HSBC Buys Virtual Plot of Land in First Metaverse Foray

Second Life Creator Says Facebook-like Metaverse a Disaster – Nikkei

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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