The ‘Metaflower Super Mega Yacht’ NFT Sells for a Record $650K

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Key Takeaways:

  • The ‘Metaflower Super Mega Yacht’ NFT sells for a record $650K.
  • The Metaflower Yacht NFT is an extension of the Fantasy Islands that falls under the Fantasy Collection.
The 'Metaflower Super Mega Yacht' Nft Sells For A Record $650,000
The ‘Metaflower Super Mega Yacht’ NFT Sells for a Record $650,000

Hypebeast reports that an NFT yacht just sold for $650,000, the latest development in the NFT techno-financial trash fire that none of us can ignore. The “Metaflower Super Mega Yacht” was sold for 149 WETH or “Wrapped Ethereum.” Of course, its utility over regular Ethereum can elude anyone. Still, crypto enthusiasts enjoy the multiple barriers of transfers, digital wallets, and withdrawals that exist between the money of the future and money that can be used to pay your rent.

The lucky and anonymous owner of the Metaflower Super Mega Yacht will be able to enjoy its completely digital DJ booth, helicopter landing pad, and single hot tub in “The Fantasy Islands,” a self-described “luxury real estate development project of 100 NFT private islands (comprised entirely of NFT land in the Sandbox + architecturally unique 3D NFT villas) on the Ethereum blockchain.”

This impressive 3D model and the accompanying luxury resort will reside in the “Sandbox,” a blockchain-based, self-described “metaverse.” Its low-fi aesthetic, emphasis on user-generated content, and cosmetics-centric monetization are strongly reminiscent of Roblox but larger.

The Sandbox is currently one of the most popular metaverse games, collaborations with brands and celebrities such as Adidas, Atari, Bored Ape Yacht Club, Binance, Snoop Dogg, The Smurfs, DeadMau5, and others. Additionally, Republic Realm has created a series of “Fantasy Islands” on the platform, comprising 100 private islands. The Metaflower Yacht is one of many assets that Republic Realm intends to make available as part of the Fantasy Collection over time.

The collection of islands, consisting of villas built on top of NFT land, sold out in less than 24 hours. The unprecedented Metaflower Yacht is an extension of the Fantasy Islands’ development. It is a one-of-a-kind NFT that falls under the Fantasy Collection, a suite of luxury NFTs that includes private islands, jet skis, speedboats, and exclusive access to the members-only beach club and Fantasy Marina. Two helipads, multiple lounge areas, a Jacuzzi, and a dance floor are among the amenities on the four-story yacht. You can have a look at the NFT from every angle.

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Chaahat Girdhar

I'm Chaahat Girdhar, a journalist by profession who's turning her dreams into vision and vision into reality. I'm curious and have an appetite for gaining new knowledge. So I'm looking forward to learning things in the better way possible.