NFTs
Mark Cuban is selling part of his NFTs
Cuban could raise even more money from his digital collectibles. He is selling his NFT Hashtag #MFFL for 15 ETH, which would be about $52,043 dollars, and his NFT Bible Deuteronomy 25:4 for 5 ETH, which would be about $17,347, on July 1st.
Cuban is a long-time collector of virtual tokens and still has nearly 1,600 items in his collection. cryptocurrency portfolio.
In 2022, he said NFTs were your gateway in the cryptocurrency world. They introduced him to other web3 innovations such as smart contractswhich are digital contracts that operate according to “if/then” commands; if X, then do Y.
However, it is important to note that Cuban NFT sales are not the norm.
While he could net nearly $100,000 from selling his NFTs, the average collector or investor might not make a similar profit if they sold their own.
Just like other physical collectibles like comic books or postage stamps, NFTs can have sentimental value to the collector. But ultimately, they’re only worth as much as the next collector is willing to pay for them, which can be difficult to predict.
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