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The most expensive NFT yacht to have never existed

The most expensive NFT yacht to have never existed

The virtual yacht NFT that was recently sold on the metaverse for $650,000

Every day, we hear incredible news from our favourite universe, the metaverse.

The unbelievable $650,000 sale of a virtual mega yacht on a decentralized gaming platform, The Sandbox is the latest news from the multiverse to leave us shook.

The gaming NFT sold for 149 Ether which is about $650,000 based in today’s price.

The Sandbox is a virtual game world where players can build, own and monetize their gaming experience, and players can create their own digital assets and sell them to willing buyers in the game’s marketplace using the local game token, Sand.

Imagine playing Asphalt or Need For Speed on your game console.

Let’s say you bought a Maserati on Asphalt, pimped it, sprayed it and made it faster. And then listed your Asphalt Maserati for sale in a marketplace for digital items and someone actually shows interest and offers to buy it for $650,000. That’s exactly what happened here.

The giant digital yacht is called “The Metaflower Super Mega Yacht and the four-story, ultra-luxury megayacht features a DJ booth, dancehall, two helipads, and a jacuzzi, among other amenities.

That’s a lot of perks for a yacht that you can’t sail into the sunsets of the Caribbean, but regardless, you can take a 360-degree tour of the yacht here.

The virtual asset was listed for sale by Republic Realm, a metaverse developer that is responsible for creating The Fantasy Collection line of luxury NFTs for The Sandbox.

Other luxury products created by the developer include private islands, jet skis, and speedboats. Also, ownership of the yacht gives exclusive access to a private Beach Club and Marina which exists in the game’s universe called Fantasy Marina.

The Metaflower Yacht is the most expensive NFT to have been sold on The Sandbox game but certainly not the most expensive gaming NFT asset.

In November 2021, a digital plot of land was sold for $2.43 million on the popular GameFi platform, Decentraland — an amount that would get a new house in most of the world’s top cities. A day after, another digital plot of land sold for $2.3 million on Axie Infinity, another virtual gaming world.

As the race to own assets on the metaverse intensifies, it might seem humans have found a new place to own real estate other than the earth.  And as much as NFTs serve as an alternative form of investment and a source of value, they are still recognised by most people as just bragging material; occurrences like this help push that narrative.

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