Chairman of O’Shares and Beanstox, Kevin o’leary, aka Mr. Wonderful, best known as a panelist on the Shark Tank reality series, said CryptoSlate which led him to expose himself to the actions of the blockchain infrastructure.
O’Leary has revealed why he supports the holding company of Jordan Fried’s blockchain wallet, Immutable assets, which made its public debut in September.
Democratizing blockchain investment
“Immutable Holdings has diversification, which I love, and ultimately the diverse nature of this business combined with the exciting growth of the blockchain and digital asset space has already informed my decision to invest in Immutable Holdings,” a said O’Leary CryptoSlate, when asked about his decision to support Fried’s business.
“I have increased my position in the crypto infrastructure space throughout this year. I’m not just looking for investments in coins or tokens, although those investments can be valuable. I want to own the basic infrastructure of crypto, which is blockchain, and while owning blockchain isn’t necessarily more important than owning crypto, it allows for a more holistic view, ”O’Leary added.
Mr. Wonderful has been open to increasing his exposure to crypto, strategically investing in a wide range of different crypto products.
– Kevin O’Leary aka Mr. Wonderful (@kevinolearytv) October 2, 2021
Streamlining Crypto Exposure
“So far there hasn’t been a great way to gain exposure to the blockchain industry other than buying some bitcoin. mining public or public enterprises such as Coinbase“said Jordan Fried, CEO of Immutable Holdings, CryptoSlate.
“We are the first blockchain portfolio holding company with brands like NFT.com, 1800Bitcoin and others to hit the public market, and we are democratizing blockchain investment through products that make the investing in digital assets accessible and easy, ”Frit added.
“The next few years are going to be very important for digital assets and blockchain, and we are entering the ground floor of that momentum,” Fried concluded, stressing the strategic importance of holding blockchain equity.
Don’t just own a cryptocurrency. Own blockchain equity. https://t.co/hXlvT5oGWr
– Jordan Fried (@jordanfried) October 8, 2021
While securing the NFT.com domain early on, Fried envisioned building a business around the non-fungible token ecosystem (TVN), by creating a new generation marketplace.
“NFT.com’s user-friendly, profile-based model creates more opportunities to delve into NFT buying, selling and speculating with some of the biggest brands on the planet,” Fried commented on. one of the main subsidiaries of Immutable Holding. companies.
According to Wonderful, NFTs are doomed to inevitable adoption by the general public.
“The usefulness of NFTs is endless and exciting. Obviously, as a collector of watches, I am very interested in their usefulness in authenticating rare and valuable watches. But others may find NFTs more useful for rental leases, concert tickets, or field acts, ”O’Leary said, while explaining why he is bullish on NFTs.
“We are now at an exciting point for NFTs where we know they can be used for more than just rare works of art, which is why what NFT.com will bring to the market is just a game-changer,” he added, commenting on the new platform in the works.
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