Mark Cuban compares crypto with 2000s tech and internet companies.

10 May, 2022

’Crypto is going through the lull that the internet went through,’’ Mark Cuban tweeted. 

 In a series of tweets, the American billionaire predicted that smart contracts will drive the blockchain and crypto sector. 

Cuban noted that we are yet to see the use of Smart Contracts to improve business productivity and profitability. 

The Shark Tank star also opined that the chains that copy what everyone else has, will fail. ‘’We don't need NFTs or DeFi on every chain’’, he added.

Cuban thinks that there is an imitation phase going on in the crypto and blockchain sector.

The billionaire Dallas Mavericks owner has invested heavily in cryptocurrencies.

Mark Cuban had earlier revealed that 80% of his ‘’non-Shark Tank’’ investments are crypto-related.