Shark Tank Billionaire Investor Marc Cuban revealed that he was optimistic about tracking small-cap crypto tokens.
What happened: In an August 7 interview with Daily AltcoinCuban introduced the low-cap altcoins on his radar and why he holds them.
The first Cuban named coin was KlimaDAO KLIMA/EUR — a decentralized autonomous organization working to increase the cost of carbon emissions to reduce emissions around the world. KlimaDAO encourages users to buy tokenized carbon credits or Tons of basic carbon BCT/USD on the blockchain.
Cuban owns both KLIMA and BCT as a way to offset his carbon footprint – something he first revealed in November.
“KLIMA came along and I invested only because I think it’s easier right now to buy a KLIMA token…a BCT token and burn it and withdraw the Treasury and take it as compensation” , Cuban said.
Besides KLIMA and BCT, Cuban said he owns ApeCoin APE/USD, Bloco Token BLT/USD, Injective Protocol INJ/EUR and Lithosphere LITHO/USD.
Cuban said he owns BLT because it provides wallets for To flow FLOW/USD and LITHO because of its role in integrating artificial intelligence into NFTs.
When it comes to large cap cryptocurrencies, Cuban said earlier that he holds a fair amount of Bitcoin BTC/USD but it’s more a “Ethereum ETH/USD max.”
Photo: Courtesy of Gage Skidmore via Wikimedia