Billionaire investor Mark Cuban is no stranger to cryptocurrencies and decentralized applications. However, it has now come to light that he is also an early investor in a Cardano-based project called Book.io. According to an official tweet from the company, Cuban has also advised the firm and provided contacts.
Books.io is a project that mints NFT (non-fungible token) books on various blockchains. However, most of the NFTs are hosted on the Cardano (ADA) blockchain. The investment from Mark Cuban is meaningful, given that venture capital (VC) funding into cryptocurrency firms has significantly decreased in Q1 2023, after its peak in Q1 2022.
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