Cloud Yachts, a virtual asset reseller, has recently revealed their “Project Metaverse” and an extensive NFT auction. Their objective with Project Metaverse is to transport the world of boating and vessels into the metaverse with the help of virtual experiences, assets, and collectibles.
As part of this project, the company has launched an NFT auction, where the first item up for grabs is a 63-meter super yacht. This NFT is being sold through a broker named Alex Clarke and is priced at an astonishing $95 million USD. The buyer of this NFT will have their ownership of the virtual super yacht 100% authenticated on the blockchain, which will be transparent and accessible to all. Cloud Yachts has claimed that 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.