Cryptonaire Weekly Magazine Edition 176

Page 27

CRYPTONAIRE

WEEKLY CRYPTO investment journal

Mark Cuban, Snoop, Ashton Kutcher Team for NFT Twist on Shark Tank

Sound Ventures is giving $1 million to crypto entrepreneurs as part of “NFTs: The Pitch.” Sound Ventures was founded by actor Ashton Kutcher and music exec Guy Oseary. It’s sponsoring a $1 million NFT pitch competition. Mark Cuban, the billionaire investor and Dallas Mavericks owner, is about to merge two of his side gigs: judging reality competitions and promoting crypto innovations. Cuban will be taking part in a reality competition held by Ashton Kutcher’s and Guy Oseary’s Sound Ventures. Only instead of judging new inventions, Cuban will be evaluating potential NFT businesses. Sound Ventures, an LA-based startup investment firm, is throwing $1 million behind “NFTs: The Pitch,” a behind-closed-doors (virtual) competition that’s currently taking applications for a pitch session to be held April 21. It was founded in 2015 by Kutcher and Oseary, an entertainment industry insider who has managed U2, served as Madonna’s business partner, and helmed Maverick Records as it developed Alanis Morissette into a household name. Cuban will join Oseary and Kutcher in judging the competition, along with NFT-producing musicians Snoop Dogg and 3LAU, pseudonymous NFT art collectors Whale Shark and Metakovan (who was recently revealed to be Vignesh Sundaresan of Portkeys Technology), and Scalar Capital cofounder Linda Xie. Read more...

Cryptonaire Weekly | April 6th 2021

27

+44 (0) 207 193 2931


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