The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Billionaire Mark Cuban Says One Thing Will Determine Which Crypto Projects End Up on Top

by Daily Hodl Staff
November 1, 2021
in Blockchain, NFTs

Shark Tank star and billionaire investor Mark Cuban is sharing his perspective on what use cases will push crypto projects to the top of the industry.

In an interview with Galaxy Digital CEO Mike Novogratz, Cuban explains how the current state of the crypto market is reminiscent of the internet in 1995.

“There was a transition back then from analog to digital. And now, it’s a transition from digital to distributed and decentralized and secure. The way people looked at networking, whether it was streaming protocols, or JavaScript, as a platform to transition businesses towards digitally based businesses, we’re seeing that same opportunity with smart contracts.

We’re seeing a rush where there’s a lot of different blockchains competing. But like [back] then, it’s going to come down to applications and implications and integrations, so that when companies start to put smart contracts to work, that’s when we’ll start to see things really level out.” 

Cuban goes on to say how the best real-world use cases for decentralized applications (DApps) and non-fungible tokens (NFTs) are yet to be seen in crypto.

While NFTs as digital collectibles are a proof of concept, he thinks business applications will unlock the real value of smart contracts and NFT technology.

“It’s hard to separate the signal from the noise. But it goes back to just what you’re saying, I couldn’t agree more, it comes down to utility. When people create these applications, who’s using them and how?

And we have yet to see the gold rush, if you will, for business applications. An NFT as a collectible is great, and it’s fun and it’s entertaining, but that’s just a proof of concept. Smart contracts with or without NFTs for insurance applications, for medical applications, for textbooks, for any number of things that you can think of – those are the holy grails.”

Cuban does note, however, that certain crypto models like the current play-to-earn model could become a great method for charity fundraising.

“The play-to-earn model of crypto potentially has a chance to be a model for charity, because you can find ways to allow people to participate. To not necessarily become self-supportive, but where you can create a whole ecosystem and economy that brings in third-party revenue because there’s so many participants.

You can sell advertising, you can sell a lot of things that in turn go to support the people who are participating to earn.”

I

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Gallks/Dario Lo Presti

Submit a Press Release

Industry Announcements

  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities to Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io launches 1 million USDT giveaway to mark Champions League finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
  • Plutus Launches PLUS More on Base – A New Era of Tokenized Loyalty Rewards
    May 13, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,006.60
$103,006.60
0.55%
Ethereum
$2,532.08
$2,532.08
2.88%
BNB
$651.41
$651.41
0.31%
Solana
$169.03
$169.03
4.55%
XRP
$2.44
$2.44
4.69%

Spotlight

  • Bitcoin to $200,000? Investor Dan Tapiero Says One Catalyst Could Send Bitcoin Flying if US Economy Slows Hard
    May 8, 2025
  • Spyware Firm Ordered To Pay $167,250,000 in Damages for Enabling WhatsApp Hacks of 1,400 Smartphone Devices: Report
    May 8, 2025
  • Rich Dad Poor Dad Author Predicts Largest-Ever Market Crash, Says Bitcoin and Gold Will Protect Against Inflation
    May 8, 2025
  • Standard Chartered Analyst Backs Off Bitcoin Price Prediction, Now Calls $120,000 BTC ‘Too Low’: Report
    May 8, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl