Billionaire Mark Cuban has recently started selling NFTs from his collection after a hiatus of two years. His transactions on the NFT marketplace OpenSea reveal that he has sold more than a dozen items, including a Pudgy Penguin that fetched over $30,000. Despite these sales, Cuban's wallet still holds approximately 1,600 NFTs.
Mark Cuban, well-known for his role on “Shark Tank,” has been actively involved in NFTs and blockchain since 2021. He has invested in various NFT startups and has been an advocate for their potential.
The NFT market has seen a recent decline, with global sales dropping to $604 million in May 2023, the lowest monthly total since October 2022. Ethereum, the leading blockchain for NFTs, saw sales plummet to $164 million, the lowest since September. This decline has affected both Ethereum and Bitcoin networks, reflecting a broader downturn in the market 1 reply
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