Billionaire Mark Cuban is going big in the crypto game these days! After disclosing his love for Dogecoin (DOGE) and disclosing his investments in Bitcoin (BTC) and Ethereum (ETH), Cuban is making a bet in the NFT world.
Mark Cuban’s VC entity Radical investments have announced a strategic investment in the NFT data aggregator platform CryptoSlam. The platform is popular for aggregating all the NFT collectible data from popular platforms like Ethereum, WAX, and Flow blockchain.
The NFT market is exploding at a very rapid pace and has already grown to a billion-dollar market in no time. Cuban and many others from the industry believe that NFTs are set to grow bigger over time and there’s a huge underlying opportunity in the market. Speaking about this new partnership, Cuban said:
“CryptoSlam.io is the go-to destination for tracking all things NFT — from NBA Top Shot moments to CryptoPunks, Bitcoin Origins, Sorare and so much more. CryptoSlam has become the industry leader in tracking transactions for NFTs — from watching in real-time what is being listed and sold on NBA Top Shots to being able to trade your NFTs. And that dominance is only growing. I’m excited to be part of the amazing company Randy is putting together.”
Tracking over 50 Different NFT Projects
After the rage of CryptoKitties NFTs in late 2017, CryptoSlam saw a big opportunity in the market. The platform started developing its website back in 2018 to organize and track NFTs from MLB Champions. Now, CryptoSlam tracks over fifty different NFT projects like the NBA Top Shots and the breakout NFT success story of 2021. CryptoSlam founder and CEO Randy Wasinger said:
“I was instantly drawn to the collectability of NFTs and the need to organize NFT data in a way that made sense to both collectors and those who saw NFTs as an investment opportunity. Mark’s investment comes at the perfect time for us, as we scale up to support the accelerating growth of the NFT industry. We’re thrilled to now be a part of Mark Cuban Companies!”