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Mark Cuban Denies Referencing Cardano: "Lol. No"

Tue, 1/06/2021 - 6:09
Mark Cuban claims that he wasn't referencing Cardano in his tweet about decentralized autonomous organizations
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Mark Cuban Denies Referencing Cardano: "Lol. No"
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The Cardano community is so far failing to win over billionaire Mark Cuban.

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He has denied referring to the proof-of-stake blockchain in his recent tweet about decentralized autonomous organizations (DAOs), simply writing "Lol. No." 

The "Shark Tank" host believes that DAOs could take over legacy organizations:

The future of corporations could be very different as DAOs take on legacy businesses. It’s the ultimate combination of capitalism and progressivism. Entrepreneurs that enable DAOs can make $. If the community excels at governance, everyone shares in the upside. Trustless can pay.

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In February, Cardano developer IOHK claimed that Project Catalyst had evolved into the world's largest DAO with over 7,000 registered supporters.

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As reported by U.Today, the Dallas Maverick owner recently took interest in the fourth-largest cryptocurrency, asking the community about its use cases. 

He also added that the Mavs were open to accepting ADA.    

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