In a recent interview, billionaire investor and entrepreneur Mark Cuban talked about how non-fungible tokens (NFTs) could be useful in the book publishing industry (especially for textbooks).
Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network).
Cuban’s comments were made during an interview with Forbes that was released on September 26. According to a report by The Daily Hodl, Cuban had this to say about the use of NFTs in the book publishing industry:
“NFTs as books, I think particularly for textbooks. Now, whether or not we can get the college textbook publishers to go along is another issue but the idea of kids buying books for classes… The whole process of buying books.
“First, do you want new or used? Then, you lug these books back, then at the end of the semester – because they’re only good for the time you’re in the class – you make the decision, ‘Yeah I’m going to sell it. How do I sell it? Do I ship it off?
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