Shark Tank star and Dallas Mavericks owner Mark Cuban mocked the current concept of the metaverse, stating that it could be anything anyone wants it to be.
People that focus on [virtual reality] VR want it to be the metaverse. Others want Web3 to be the metaverse. There is no rhyme or reason to it yet.To Cuban, the idea of the metaverse will be a difficult task to accomplish, as there needs to be standardization and interoperability between different communities. He believes that the metaverse, if realized, has to be backed by a community, and whichever platforms build the strongest communities behind them will be one type of metaverse.
Cuban also criticized the idea of buying land in the metaverse, explaining that he believes that buying real estate on these platforms was not a good idea. He referred to this as the “dumbest sh*t ever,” declaring:It is not even as good as an URL or an ENS because there are unlimited volumes that you can create.
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