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Mark Cuban Invests in CryptoSlam

 3 years ago
source link: https://blockchainmagazine.net/mark-cuban-invests-in-cryptoslam/
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Mark Cuban Invests in CryptoSlam

April 10, 2021 by Editor

Mark Cuban’s capital firm Radical Investments has already invested in CryptoSlam.

CryptoSlam is a non-fungible token (NFT) collectibles data company.

It is an indisputable fact that you must have come across statistics of NFT platforms such as CryptoPunks or NBA Top Shot.

The data is likely to come from CryptoSlam or NonFungible.com.

CryptoSlam was founded by Randy Wasigner in 2018 with the purpose to track Major League Baseball Champion’s collectibles.

And that was the MLB’s initial plan into NFT and has been discontinued since then.

The company that has permitted MLB collectible cards, Topps just announced the launch of MLB’s latest NFT.

CryptoSlam continues to grow and the first version launched at the beginning of 2019.

Wasigner said that as a life-long collector of sports cards, he was attracted to the NFTs’ collectability and he noticed the need to organize NFT data.

He wanted to arrange NFT data that made sense to collectors and those who saw NFT as an investment opportunity. In early 2019, after launching the first version of CryptoSlam, he saw a quick response from NFT collectors and understood the need for something unique.

No doubt, the project work has increased remarkably. It collects data on the popular NFTs in sports and beyond.

Hence, as of now, a total of 50 NFT projects are getting tracked on the platform that can collect project data from Ethereum.

The objective is to gather all the data about multiple NFTs projects in one place. The platform is an overview of how NFTs are performing stock overviews.

And the similarities with stock analysis are real. The recent growth in digital collectibles has allowed many people to see it as an investment opportunity, despite prices being evaporative.

One major difference is that CryptoSlam targets collectors.


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