'Cloud Yachts,' a reseller of virtual assets, recently announced its 'Project Metaverse' alongside a large-scale NFT auction. With Project Metaverse, Cloud Yachts is aiming to thrust the boating and vessels world into the metaverse with virtual experiences, assets, and collectibles.
The first NFT is a 63 metre super yacht, sold through a broker named Alex Clarke. The NFT is priced at $95 million USD, and the owner will have their ownership 100% authenticated on the blockchain, which will be transparent and accessible for all to see. According to Cloud Yachts, this is the most expensive NFT in the world, as it is a 1:1 virtual replica of a real superyacht, complete with party lights, navigation systems, lounge areas, and entertainment amenities.
The Project Metaverse NFT superyacht was designed by the naval architect Gregory C. Marshall, an award-winning designer.
Super Yacht NFTs
'Cloud Yachts' Listed a 63 Metre Digital Super Yacht as an NFT for $95 Million
Trend Themes
1. Virtual Super Yachts - The intersection of digital assets and super yachts creates new opportunities for virtual experiences and collectibles that replicate the real thing.
2. Blockchain Authentication - The use of blockchain to authenticate ownership creates new levels of transparency in the luxury goods market and opens opportunities for premium asset trading platforms.
3. Meta-verse Integration - The integration of the yacht industry with the metaverse presents opportunities for immersive and interactive experiences, creating new revenue streams for companies that adopt a virtual-first mindset.
Industry Implications
1. Virtual Asset Trading - The rise of virtual assets continues to challenge traditional notions of ownership, creating new business models and market segments for companies that specialize in trading and reselling virtual goods.
2. Luxury Goods - The use of NFTs and blockchain technology in the luxury goods market has the potential to redefine the way we authenticate and value high-end items like super yachts, creating new opportunities for market disruption and innovation.
3. Naval Architecture & Design - The integration of virtual design tools and technologies, like those used to design the Project Metaverse NFT superyacht, create new possibilities for faster prototyping, more sustainable practices, and broader market reach.