Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Mark Cuban’s New Podcast Platform Fireside Moving Forward

And his NBA team the Dallas Mavericks now accepts cryptocurrency in payment.

Fireside is Mark Cuban’s new podcast venture. The new app is moving into beta testing and has been reviewed by a number of people. At the same time, Mark Cuban has announced that his NBA team the Dallas Mavericks will accept cryptocurrency in payment for tickets.

Since declaring last week that the Dallas Mavericks would accept Dogecoin in payment for tickets and team merchandise, the team now boasts that it is the largest merchant of the cryptocurrency in the world. Mark Cuban tweeted on Saturday that in only two days his team had conducted more than 20,000 Dogecoin transactions.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

The Tweet read, “The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!”

Mark Cuban explained his decision to have the Mavericks accept cryptocurrency, in spite of having been a blockchain skeptic in the past, in a statement. The reason, he said, was “one very important, earth shattering reason, because we can! Because we can, we have chosen to do so. We have chosen to do so because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of PR.”

He also tweeted, “To all you people getting all excitable about #Doge. Relax. It’s Fantasy Sports for Crypto. It’s fun to play with. The communities that have been built around it are fun. Like Sports, Fantasy or Otherwise, some people go overboard. It Happens. Be Young. Have Fun.”

It’s not clear what the team will do with the cryptocurrency. Will they hold onto it as an investment, or just sell it off for the dollars? And would this constitute an SEC violation should Mark Cuban invest in cryptocurrency services firms.

As for Fireside, the new podcast app was founded by Mark Cuban together with Falon Fatemi. It describes itself as a socially responsible social platform whose goal is to make discussion, debate, and discourse in a public forum a thing of celebration and beauty. It’s described as a cross between Spotify’s Anchor software and Clubhouse.

Don’t bother trying to see it yet. The app is only available in beta testing to invited parties. It’s not clear how to become someone worthy of the invitation. There is also no word yet as to when people can expect Fireside’s official launch.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News