Billionaire entrepreneur and shark tank star Mark Cuban says he’s closely invested in two common altcoins whereas ready for the primary viral crypto app to emerge.
In a brand new interview with Crypto Banter, Cuban says that he owns “lots” of Ethereum (ETH) and Polygon (MATIC) as a consequence of their sturdy use circumstances.
“Bitcoin’s a terrific retailer of worth, however Ethereum and Polygon that I each personal a variety of, you can begin to see the utility.
You’re beginning to see increasingly purposes pop up there, and we’ll see what occurs with ETH 2.0 by way of fuel charges, and I feel Polygon has carried out a terrific job, and also you’ve acquired different blockchains making an attempt to do the identical factor.”
Ethereum is the main sensible contract platform, whereas Polygon (MATIC) is a layer-2 scaling resolution designed to allow the widescale adoption of decentralized apps (DApps) on the Ethereum blockchain.
The billionaire additionally says that he’s looking out for the first-ever crypto-based utility that shall be an enormous hit for mainstream shoppers.
“All of the blockchains are type of in a demise battle, making an attempt to get customers and purposes, and I feel whoever comes up with purposes the place simply someone strolling down the road in Miami can say, ‘Oh yeah, I exploit that,’ identical to Instagram.
Initially, what the hell is Instagram after which all people acquired it. It went viral. We haven’t gotten that first viral mainstream crypto-based utility but. We’ll. That’s what I’m on the lookout for by way of investments.”
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