[{"data":1,"prerenderedAt":347},["ShallowReactive",2],{"api/learn-center-post-en-mark-cuban":3,"footer-en":57,"learn/people-profiles/mark-cuban-en-seo":255,"navigation-en-learn-center":260,"api/learn-categories-en":308},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"Who is Mark Cuban?","Who is Mark Cuban? - Bitstamp Learn Center","Who is Mark Cuban? What is his role in the cryptocurrency world? - Learn more on the Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/Who_is_Mark_Cubanpng_cca0990f98_f2aa6fbdbe.png","image/png",".png",1920,1080,"Who_is_Mark_Cubanpng_cca0990f98.png","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/people-profiles/mark-cuban/","en-GB",{"pathname":24,"locale":25},"/es/learn/people-profiles/mark-cuban/","es",{"pathname":27,"locale":28},"/learn/people-profiles/mark-cuban/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/people-profiles/","People profiles",true,{"id":35,"text":5,"url":27,"asUrl":36},"mark-cuban",false,"\u003Cp>Mark Cuban is a billionaire entrepreneur, television personality, and influential crypto investor. Cuban is also famous for being one of the main “sharks” (investors) on the US business reality series, Shark Tank, as well as the owner of the Dallas Mavericks basketball team.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>He is an outspoken advocate of digital currencies, tweeting about his market predictions and speaking favorably about blockchain technology and decentralized finance in interviews. He has invested in numerous Web3 companies and NFTs, and personally invested in bitcoin, Ethereum, and \u003Ca href=\"/learn/cryptocurrency-guide/what-is-dogecoin-doge/\">Dogecoin\u003C/a>.\u003C/p>\n\u003Cp>Due to his vast wealth, successful business endeavors (both crypto and non-crypto), and famous persona, his commentary on crypto markets and investment dealings are closely watched by the media.\u003C/p>\n\u003Cp>Cuban has remained bullish on crypto in the market turmoil of 2022, citing his belief in the value of smart contracts and decentralized financial technology. In December 2022, he said he wants to buy more bitcoin and prefers investing in that over gold, calling bitcoin “a store of value.”\u003C/p>\n\u003Ch2>Personal history\u003C/h2>\n\u003Cp>Cuban was born in 1958 in Pittsburgh, Pennsylvania. He was interested in business at a young age, earning money by selling stamps and coins and delivering newspapers. He attended the University of Pittsburgh for one year and then transferred to Indiana University, earning a Bachelor of Science in management in 1981.\u003C/p>\n\u003Cp>After college, Cuban founded MicroSolutions, a system integrator and software reseller company that he sold in 1990 to CompuServe for $6 million.\u003C/p>\n\u003Cp>In 1995, he co-founded AudioNet (later named Broadcast.com), which offered live radio programming online. The company was hugely successful, going public in 1998 and later sold to Yahoo! for $5.7 billion at the height of the dot-com bubble.\u003C/p>\n\u003Cp>He went on to co-found and acquire companies in a range of fields, including 2929 Entertainment and Landmark Theatres, and has stakes in Magnolia Pictures, and AXS TV, among numerous other tech startups.\u003C/p>\n\u003Cp>A longtime basketball fan, Cuban purchased a majority stake in the Dallas Mavericks for $285 million in 2000 and is credited with turning the then-mediocre team into a valuable franchise.\u003C/p>\n\u003Cp>Cuban also became a “shark” investor on the reality show \u003Cem>Shark Tank\u003C/em> in 2011, making him a household name. As of 2022, he has invested almost $20 million on 85 deals on the show.\u003C/p>\n\u003Ch2>Role in cryptocurrency community\u003C/h2>\n\u003Cp>Cuban was originally skeptical of cryptocurrencies. As Bitcoin was gaining mainstream popularity in 2017, he told \u003Cem>Vanity Fair\u003C/em> that investing in digital currencies was like throwing a “hail Mary” pass (a long forward pass in American football made out of desperation). He advised investors to put only 10% in \u003Ca href=\"/learn/cryptocurrency-guide/what-is-bitcoin-btc/\">bitcoin\u003C/a> or Ethereum, or any amount they would be willing to lose.\u003C/p>\n\u003Cp>However, later that year Cuban announced his intention to invest in the \u003Ca href=\"/learn/crypto-101/what-is-an-initial-coin-offering-ico/\">ICO (initial coin offering)\u003C/a> of one of his startup investments, an e-sports betting site named Unikrn. He said he wanted to learn more about the ICO process and described the opportunity as “high risk, high reward.”\u003C/p>\n\u003Ch3>Crypto investments\u003C/h3>\n\u003Cp>Cuban’s support of cryptocurrencies and blockchain technologies accelerated as he learned more about the industry. His investments not only helped provide capital to crypto businesses, they also helped give blockchain projects publicity and recognition.\u003C/p>\n\u003Cp>Some of Cuban’s notable investments include Polygon Technology, a blockchain platform that enables networks to connect and scale; Aave, an open-source liquidity pool; Arbitrum, a technology suite to scale \u003Ca href=\"/learn/cryptocurrency-guide/what-is-ethereum-eth/\">Ethereum\u003C/a>; and \u003Ca href=\"/learn/web3/what-is-opensea/\">OpenSea\u003C/a>, an NFT marketplace. Cuban believes that projects like \u003Ca href=\"/learn/cryptocurrency-guide/what-is-polygon-matic/\">Polygon\u003C/a> (and \u003Ca href=\"/learn/blockchain/what-is-a-blockchain/\">blockchain technologies\u003C/a> in general) save money on third party services by using decentralized networks.\u003C/p>\n\u003Cp>In January 2022, he said in an interview that aside from \u003Cem>Shark Tank\u003C/em>, 80% of his new investments are in and around cryptocurrencies.\u003C/p>\n\u003Ch3>NFTs\u003C/h3>\n\u003Cp>In early 2021, Cuban took an interest in \u003Ca href=\"/learn/web3/what-are-nfts-non-fungible-tokens/\">NFTs (non-fungible tokens)\u003C/a> before they came into the crypto mainstream. He minted his first NFT during that time and was impressed with the opportunity to earn revenue on the secondary sales of the asset. “The fact that you could take a digital file — audio, video, picture, whatever — and not only mint it to sell it, but also attach royalties to it, I’m like, ‘How can you do that?’ Because you can’t do that with anything physical,” he said at a Bitcoin conference.\u003C/p>\n\u003Cp>He was a supporter of NBA’s TopShot (an NFT marketplace) and started his own NFT platform called Lazy.com, where he displays his personal collection.\u003C/p>\n\u003Cp>He said NFTs made him go “all in” on \u003Ca href=\"/learn/crypto-101/what-is-cryptocurrency/\">cryptocurrency\u003C/a>, as well as deepen his learning of smart contracts. He saw NFTs as a proof of concept for what can be done with smart contracts and decentralized finance.\u003C/p>\n\u003Ch3>Crypto advocacy\u003C/h3>\n\u003Cp>Cuban has spoken favorably about crypto in numerous interviews. In December 2021, he tweeted: “Don’t think of crypto as a currencies. Think of them as decentralized, secure, networked platforms with features that allow for the development of apps that can have unique utility for individuals and businesses.”\u003C/p>\n\u003Cp>He is also a big proponent of smart contracts, believing that they could eventually take the place of traditional business operations. In the spring of 2022, while lamenting the crypto lull and calling the digital asset space too crowded with similar projects, he speculated that commercial smart contracts can play a significant role in improving business models.\u003C/p>\n\u003Cp>“What we have not seen is the use of Smart Contracts to improve business productivity and profitability” Cuban said via his Twitter. “That will have to be the next driver. When businesses can use Smart Contracts to gain a competitive advantage, they will. The chains that realize this will survive.”\u003C/p>\n\u003Cp>He has also shown an interest in \u003Ca href=\"/learn/crypto-101/what-are-decentralized-autonomous-organizations-dao/\">DAOs (Decentralized Autonomous Organizations)\u003C/a>, predicting that they could lead to disruptions in the financial industry, particularly in banking and insurance, by removing the need for centralized entities and democratizing business decisions.\u003C/p>\n\u003Ch2>Mark Cuban essentials\u003C/h2>\n\u003Cul>\n\u003Cli>\u003Cp>Mark Cuban is a billionaire investor and entrepreneur, famous for his vast wealth, his role on Shark Tank, and being the owner of the Dallas Mavericks.\u003C/p>\n\u003C/li>\n\u003Cli>\u003Cp>Cuban has been an influential financer in crypto in recent years, investing in blockchain companies and owning various cryptocurrencies.\u003C/p>\n\u003C/li>\n\u003Cli>\u003Cp>He has been an outspoken proponent of crypto, citing that smart contracts and other decentralized technologies can 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":239,"value":240,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":241,"geofencings":242},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":244,"value":245,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":246,"geofencings":247},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":249,"value":250,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":251,"geofencings":252},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":256,"twitterImage":256,"twitterSite":257,"twitterCreator":257,"twitterCard":258,"twitterTitle":6,"twitterDescription":7,"titleTemplate":259},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/Who_is_Mark_Cubanpng_cca0990f98_f2aa6fbdbe.png","@Bitstamp","summary_large_image","%s",{"items":261,"ready":33,"platformButtonText":304,"backButtonText":305,"logInButtonText":306,"signUpButtonText":307},[262,266,270,273,276,279,282,287,290,295,300],{"headerName":263,"sidemenuName":134,"url":135,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":264,"submenu":265,"tag":17},"Institutions",{},[],{"headerName":126,"sidemenuName":126,"url":127,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":267,"submenu":268,"tag":269},{},[],"NEW",{"headerName":149,"sidemenuName":149,"url":150,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":271,"submenu":272,"tag":17},{},[],{"headerName":106,"sidemenuName":106,"url":107,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":274,"submenu":275,"tag":17},{},[],{"headerName":116,"sidemenuName":116,"url":117,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":277,"submenu":278,"tag":17},{},[],{"headerName":121,"sidemenuName":121,"url":122,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":280,"submenu":281,"tag":17},{"geofencing-uk":33},[],{"headerName":283,"sidemenuName":283,"url":284,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":285,"submenu":286,"tag":17},"Markets","/markets/",{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":288,"submenu":289,"tag":17},{},[],{"headerName":291,"sidemenuName":291,"url":292,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":293,"submenu":294,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":296,"sidemenuName":296,"url":297,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":298,"submenu":299,"tag":17},"Learn","/learn/",{},[],{"headerName":301,"sidemenuName":301,"url":107,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":302,"submenu":303,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[309,313,317,321,325,329,333,335,339,343],{"title":310,"url":311,"geofencings":312},"Blockchain technology","/learn/blockchain/",{},{"title":314,"url":315,"geofencings":316},"Company profiles","/learn/company-profiles/",{},{"title":318,"url":319,"geofencings":320},"Crypto 101","/learn/crypto-101/",{},{"title":322,"url":323,"geofencings":324},"Crypto definitions","/learn/crypto-definitions/",{},{"title":326,"url":327,"geofencings":328},"Crypto trading","/learn/crypto-trading/",{},{"title":330,"url":331,"geofencings":332},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":33},{"title":32,"url":31,"geofencings":334},{},{"title":336,"url":337,"geofencings":338},"Security","/learn/security/",{},{"title":340,"url":341,"geofencings":342},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":344,"url":345,"geofencings":346},"Web3","/learn/web3/",{},1777988121824]