Billionaire Mark Cuban Sells Tokenized Tweet as an Ethereum NFT

Billionaire Mark Cuban Sells Tokenized Tweet as an Ethereum NFT

THELOGICALINDIAN - Mark Cuban has awash one of his tweets for about 1000

Shark Tank celebrity and buyer of the Dallas Mavericks Mark Cuban has awash a tokenized adaptation of this cheep for $952. The auction was fabricated via the Valuables platform. It added cements the entrepreneur’s absorption in all things crypto.

Cuban’s DeFi Adventures

The cheep had bids alignment from $77 up to $777. However, Tim Kang auspiciously purchased the cheep from Mark Cuban for $952.94. The cheep has back been minted into an NFT, which contains all the accordant metadata.

Elon Musk’s Doge tweet still has the accomplished bid of $7777.77 on the platform.

Mark Cuban is no drifter to the apple of NFTs. On Jan. 28, he appear his bound copy NFT blue-blooded “The RollUp 2021” on the Rarible marketplace.

Steven Zheng, a affiliate of The Block’s analysis team, found Mark Cuban’s wallet. The wallet had 70 tokens in total: 66 ERC-20 accepted tokens and 4 ERC-721 accepted tokens. Cuban captivated a lot of accidental tokens like Swaprol, B2U Coin, and more.

However, he additionally captivated acclaimed tokens like DeFi Pulse Index, Serum, and Badger as well. The lion’s allotment of Mark Cuban’s wallet consisted of staked Aave tokens (stkAAVE).

These tokens amounted to ~96% of the absolute wallet. Cuban had 947.17 stkAAVE account ~$487,566 at columnist time.

These sktAAVE tokens alter from the approved AAVE token, as they acquiesce the users to acquire staking rewards. The downside of this is that the user can get up to 30% of the staked tokens slashed in case of a arrears event. Currently, the staking reward on AAVE is 6.16%.

Discolsure: At the time of writing, this columnist captivated Ethereum (ETH).