Mark Cuban, a billionaire investor and tv movie star, has championed cryptocurrency for years, however the defining second for him got here with Ethereum (CRYPTO: ETH) launching sensible contracts.
The Preliminary Journey
Mark Cuban revealed that Coinbase co-founder Brian Armstrong initially reached out to him.
“But I didn’t make investments as a result of I didn’t fairly grasp it again then,” the “Shark Tank” star stated.
This ‘Modified The Recreation’ For Cuban
But the “set off second,” as he described, got here when Ethereum rolled out the sensible contracts performance.
“That actually is what modified the sport in my thoughts from a expertise perspective, as a result of the flexibility to have exterior sources that created triggers that then enabled varied transactions to happen all independently with none human intervention to me, that’s an enormous deal,” Cuban stated.
He stated that sensible contracts have the potential to unlock “distinctive” utility alternatives sooner or later.
Cuban’s Crypto Convictions
Forbes estimates his internet value at $6 billion, with a good portion stemming from the $5.7 billion sale of Broadcast.com to Yahoo! in 1999.
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