Billionaire Mark Cuban is setting up a digital art gallery that allows users to display NFTs in any form, report says

Brian Snyder/Reuters

  • Mark Cuban is building a digital art platform that allows users to display NFTs in any form.
  • He told The Block there isn't a simple way for art creators to exhibit their work as NFTs.
  • The platform, known as Lazy.com, is live and has already seen thousands of visitors.
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Billionaire entrepreneur Mark Cuban is developing an online art platform that allows its users to present digital art or collectibles, according to The Block.

The project, called Lazy.com, is already live and has a minimalist appearance. It has so far seen scores of visitors, according to the "Shark Tank" investor.

The nature of digital art means that it can be showcased on any online platform, such as social media sites or websites made for digital-collectibles. But Cuban says there isn't a simple way for art creators to exhibit their work as NFTs.

"I wanted an easy way to show my NFTs and a way to put them in my social bios, my email signature, and any place I can stick a URL," he told The Block. "People are curious about what other people collect. There wasn't a super-easy way to do it."

Non-fungible tokens act as a certificate of authenticity for digital goods like GIFs, JPEGs, MP3s, or other forms of digital art. In the past month, data from CryptoSlam shows people have spent over $1 billion on digital assets.

"People bought NFTs, they created them, they need a lazy way to show them off," Cuban said. "There really was not an easy way to do it before Lazy.com."

The digital artist Mike Winkelmann, or Beeple, made history when he sold an art piece for $69 million earlier this month. Other artists like Grimes and DJ 3LAU also made between $5 million and $12 million within minutes of auctioning their digital collections. More recently, rapper Snoop Dogg and Lionel Richie have signed up to produce work for Crypto.com's new NFT marketplace.

"The NFT market is on fire," Cuban said.

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