<\/p>\n
Celebrity billionaire Mark Cuban has unloaded more than a dozen non-fungible tokens (NFTs) in a matter of days after letting them sit dormant for years.<\/p>\n
Cuban hawked a total of 14 NFTs over the weekend and on Monday, the most valuable of which is a \u201cPudgy Penguin<\/a>\u201d token that sold for nearly $31,000 worth of Ethereum (ETH<\/a>), according to the Shark Tank star\u2019s OpeanSea profile<\/a>.<\/p>\n The billionaire also listed two NFTs for sale that haven\u2019t been purchased yet, including a \u201cMFFL\u201d token priced at more than $51,000 worth of ETH and a \u201cDeuteronomy 25:4\u201d token priced at more than $17,000 worth of the second-largest crypto asset.<\/p>\n Prior to this weekend, Cuban\u2019s most recent NFT activity on OpenSea was a token sale nearly 2.5 years ago. The Shark Tank star has previously expressed optimism in the sector, saying in a 2022 interview<\/a> with Forbes that NFTs present a huge opportunity in the book-publishing industry.<\/p>\n \u201cNFTs as books, I think particularly for textbooks. Now, whether or not we can get the college textbook publishers to go along is another issue but the idea of kids buying books for classes\u2026 The whole process of buying books.<\/em><\/p>\n First, do you want new or used? Then, you lug these books back, then at the end of the semester \u2013 because they\u2019re only good for the time you\u2019re in the class \u2013 you make the decision, \u2018Yeah I\u2019m going to sell it. How do I sell it?\u00a0 Do I ship it off? Do I take it to the bookstore?\u2019 It\u2019s just a pain in the ass and in a digital world, it\u2019s ridiculous.\u00a0<\/em><\/p>\n With those as NFTs, well the NFTs allow you to apply royalties so that when that book is resold, the author and the publisher and whoever else is involved can get a set royalty fee. That means that the publishers who created the book can keep on getting paid, whereas when there\u2019s a physical book that\u2019s sold and resold they have to hope that book falls apart, so that they can sell a new one. So I think that\u2019s a great application.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Celebrity billionaire Mark Cuban has unloaded more than a dozen non-fungible tokens (NFTs) in a matter of days after letting them sit dormant for years. Cuban hawked a total of 14 NFTs over the weekend and on Monday, the most valuable of which is a \u201cPudgy Penguin\u201d token that sold for nearly $31,000 worth of […]<\/p>\n","protected":false},"author":2,"featured_media":331818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-331814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=331814"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331814\/revisions"}],"predecessor-version":[{"id":331820,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331814\/revisions\/331820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/331818"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=331814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=331814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=331814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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