Mark Cuban owner of the Dallas Mavericks sells NFT Fat Penguin for 30000

Mark Cuban owner of the Dallas Mavericks sells NFT Fat Penguin for 30000

Mark Cuban owner of the Dallas Mavericks sells NFT Fat Penguin for 30000

According to a report by “The Block,” a wallet owned by billionaire and former owner of the NBA Dallas Mavericks team, Mark Cuban, has recently sold over a dozen NFTs, totaling approximately $38,000 in value. This includes the sale of a “Pudgy Penguin” for 9.065 WETH, which is roughly $30,000.

Data from the NFT marketplace OpenSea shows that the wallet, which is marked as one of the wallets owned by Cuban, seems to be attempting to sell a “Proof of Culture” NFT with a Dallas Mavericks theme for nearly $50,000. The wallet currently holds around 1600 NFTs.

Source:
OpenSea

Cuban has previously disclosed that he has heavily invested in ideas generated from the entrepreneurial show “Shark Tank” in 2022, with 80% of his investments focusing primarily on cryptocurrency or cryptocurrency-related ventures. He has also been an outspoken supporter of NFTs, cryptocurrencies, and blockchain technology. As an investor in OpenSea, Cuban has expressed his view that the decision to implement royalty payments in the NFT market as an option is a mistake.

Related articles: “NBA Dallas Mavericks Owner Mark Cuban: Buying Land in the Metaverse is Stupid, Dogecoin Has More Potential Than Cardano” and “Despite FTX Collapse, Cuban Still Believes in the Future of Cryptocurrency Due to Voyager’s Rise.”