Billionaire Mark Cuban Says Crypto Is Missing Something

In November 2021, the cryptocurrency space was in full madness mode. Call it cryptomania. 

Retail investors, especially millennials and Gen Z, were investing heavily in cryptocurrencies and other crypto projects driven by FOMO, Fear of Missing Out.

Institutional investors were investing in crypto projects like those related to decentralized finance, which means financial services with no middleman. 

Nonfungible tokens then arose, becoming the year-end buzzword. NFTs, which are a way to assert ownership of a piece of online content, like a photo or recording, were then seen as the future of art. 

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