Billionaire entrepreneur Mark Cuban has invested and advised on the Ethereum-based data project dClimate.
According to today’s announcement, the owners of Dallas Mavericks will become the company’s strategic advisors. DClimate, a decentralized climate data network that uses Ethereum as its base layer and relies on Oracle’s Chainlink network for operations, has not turned down Cuba's investment.
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Cuba previously claimed that Ethereum was disrupting software, banking and healthcare services, and last month argued that Ethereum was “more valuable” than Bitcoin in the long run.
“I could see just disrupting the fuck out of them [SaaS (software as a service) companies],” he said in exclusive March interview.
He immediately invested an undisclosed amount in the Ethereum Evolution Polygon.
Currently, recent investments in Ethereum are targeting another big industry that can be shaken:
data. dClimate provides weather data to businesses and institutions. We provide data marketplaces to everyone from farmers to governments, from governments who need climate information to create projects and prepare for future disasters. It is blockchain-based that separates middlemen and connects buyers and sellers directly using chain links.
It is an Ethereum-based project that extracts data using post-blockchain information. Chainlink is a decentralized oracle network that aims to connect blockchains to real data in a secure and trustless way. Network growth has accelerated over the past year, and the value of the NativeLink crypto has increased by 1000% through integrations with hundreds of partnerships and crypto projects.
Sied Jaha, co-founder of Decclimate, said, “Few people understand the brand’s vision that blockchain and smart contracts can revolutionize transparency and efficiency in industries like climate data.” create He added: “Their perspective and expertise create a platform that can be used by many stakeholders who need valid and secure data on climate change to protest against it. This example is of great value to the dClimate team. (The cryptocurrency was originally created as a joke, but now has a market cap of over $40.7 billion.) It’s worth it, the Dallas Mavericks started accepting bitcoin as a payment method two years ago.
