The crypto-grapevine today is all abuzz with news about The Sandbox [SAND] as both mainstream news channels and crypto-companies reported on the Metaverse project’s latest update. The air is thick with rumours, but in crypto, rumours are often more than enough to force dramatic price movements or user activity. At press time, SAND was slipping […]
MIAMI, FL, Apr 9, 2022 - (ACN Newswire) - Cyber Yachts, the world's first metaverse yacht company, a division of Monsoon Blockchain Corporation, is announcing the world's most expensive NFT - a 120 meter (394 foot) mega yacht named "Indah," priced at $400,000,000 USD (Indah can be purchased in Ethereum (ETH), Bitcoin (BTC) and Bitcoin Latinum (LTNM)). In addition to the NFT, the buyer will also receive the real-world, fully constructed 394 foot mega yacht based on the same design, built by one of the world's most respected luxury yacht shipbuilders.
The project is a collaboration between Cyber Yachts and internationally renowned yacht designer Lukasz Opalinski of Opalinski Design House. Opalinski's clients include Italian shipbuilding company Benetti and Netherlands-based yacht builder, Oceanco. Mentored by distinguished mega yacht captain and naval expert John Henson, Opalinski won the New Designer of The Year award in 2005 and 2006 from London's famed New Designers Show. Opalinski's yacht design presentation for "Project Magnitude" garnered 9.5 million views on YouTube.
"Passion for "being on the water" is what drives my emotions into the creation of extraordinary vessels, that are designed to set new industry standards and bring new dimensions to the yachting experience. Form and function exist in simultaneous harmony," stated Opalinski.
The Indah, which means "beautiful one" in Indonesian, features a revolutionary, patented design concept, where the transom bulkheads (the sides of the boat at the stern) rotate outwards, revealing additional deck space that nearly doubles the size of the conventional swim platform, creating a sprawling beach club effect as the platform lowers to meet the water.
The mega yacht can accommodate a total of 24 guests across 12 cabins, and can fly across the water at a top speed of 24 knots, with a range of 7,000 nautical miles. Other features include a helicopter landing pad, a massive 5,500 GT interior, casino room, gym, sauna, private owner's suite with dedicated aft deck balcony, and a foredeck hot tub with sunbeds and retractable sunshade.
Cyber Yachts was founded in partnership with three time Grammy-nominated recording artist Quavo of the platinum selling group Migos. Quavo recently joined Justin Bieber's star-studded Justice Tour, and is now a featured character in the popular game NBA 2k22.
Cyber Yachts is building a luxury event and online gaming metaverse of yachts, celebrities, rockstars, island hopping, and a vast ocean of destination playgrounds. At the heart of the experience will be the SuperYacht, each unique and designed specially for its own mega rockstar, celebrity, or luxury brands captain. Cyber Yachts intends to offer users, through tickets and VIP passes, experiential curated events, performances, gaming quests, luxury digital goods and social fun.
For more information about Cyber Yachts, please visit cyberyachts.com
Market research firms have projected the global yacht market to hit $8.5 billion in 2021, up from $8.15 billion in 2020, and it is estimated to reach $12.16 billion by 2028. During the pandemic, the number of billionaires in the world climbed from 2,095 to 2,755 and their cumulative wealth increased by 60 percent, or $5 trillion.
The metaverse has been gaining significant popularity and value in the past year, with a major increase of companies and celebrities buying plots of virtual "land" in The Sandbox and Decentraland, allowing them to digitally market, raise awareness and extend their brands. Several major global investment banks have predicted that the metaverse could be an $8 trillion market opportunity.
Cyber Yachts is positioning itself well in a lucrative NFT market. Another major bank recently increased its market-cap forecast for the NFT market to $80 billion by 2050, with double digit growth for the next five years. One major NFT company recently raised $450 million from leading venture capital firms, valuing the company at $4 billion. This marked one of the largest seed rounds for any NFT collection to date.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comCyber Yachts, the world's first metaverse yacht company, a division of Monsoon Blockchain Corporation, is announcing the world's most expensive NFT - a 120 meter (394 foot) mega yacht named "Indah," priced at $400,000,000 USD (Indah can be purchased in Ethereum (ETH), Bitcoin (BTC) and Bitcoin Latinum (LTNM)).
Gaming has been central to the entertainment of billions of people worldwide. From the launch of the very first video game, “Tennis for Two,” in 1958 to the high graphics, extremely immersive games of today, the industry has had the wildest evolution imaginable. It was estimated to be worth a whopping $336 billion in 2021 […]
A recent report by U.S. based market research and consulting company, Grand View Research now projects that 2021’s metaverse market share of $38.85 billion could surge at a compound annual growth rate (CAGR) of 39.4% bringing the total market size to just over $670 billion from 2022 to 2030. This growth will be fostered by […]
Yuga Labs raised $450 million and is now valued at $4 billion and the funds will go towards building out the new NFT metaverse “Otherside” so let’s read more today in our latest cryptocurrency news today. Yuga Labs raised $450 million in a new fundraise and is now valued at $4 billion and the owners […]
Yuga Labs, the creator of the popular NFT collection Bored Ape Yacht Club has raised $450 million in funding at a $4 billion valuation, the company announced today. The seed round was led by Andreessen Horowitz’s new fund, a16z crypto venture firm. Other investors to participate in the round included Animoca Brands, The Sandbox, LionTree, Sound Ventures, Thrive Capital, FTX, MoonPay among others. The company plans to use the funds to “scale its rapidly growing team, attract the best talent across creative, engineering and operations functions, and for joint ventures and partnerships it has planned.” “Already, a new economy is possible with the IP of Apes, Punks, and Meebits, owned by the community,” said Nicole Muniz, CEO of Yuga Labs. “The possibilities for blockchain’s impact on culture are endless, and so we are building a beautiful, interoperable world for people to explore and play in. There’s a lot to come.” The funding news comes less than two weeks after Yuga Labs announced the acquisition of the intellectual property of CryptoPunks and Meebits from Larva Labs. A week later, the company launched ApeCoin, a cryptocurrency that will be governed independently as a decentralized autonomous organization (DAO).
As the global pandemic has forced regular gaming-enthusiasts to move online, new opportunities for the virtual, NFT-powered future have been created. Only recently, the company Evolution Gaming started using CryptoPunks, the famous NFT collection, as slot machine prizes. According to their press release, CryptoPunks will be used for their “NFT Megaways” game.
Now, the newly-created Flamingo gaming project is a good example of how NFTs are set to revolutionize this industry.
What is the Flamingo NFT Project?
Flamingo club is an NFT virtual gaming project. The green light was given on January 21, 2022. The company is planning to build gaming facilities in a partnership with one of the oldest industry representatives in Las Vegas. Further, an entertainment center, a sports arena with a hockey team, golf courses, and horse racing in the Sandbox metaverse are also in the works. It is led by experienced industry leaders: David Aaronson, lawyer, and Vice-President of a large financial company and Waldo Lorenzo, a manager.
Importantly, every Flamingo club NFT holder will get a share of the profits generated in the Flamingo gaming club.
In terms of the numbers, the Flamingo club is made up of 11111 unique hand-drawn NFTs that are generated from over 300+ traits, increasing their rarity. As a rarity expert explains: “Rarity drives a large part of the economy around collectible NFTs and produces excitement. Rarity helps drive demand in an NFT project and diversifies a project by offering different levels of traits and utility.” All the cards can be purchased on OpenSea.
What are the use cases and benefits?
Examples of games and other entertainment that will be available on Flamingo include, but are not limited to, Blackjack: Of all the table games, there is none more classy than Blackjack, also known as 21, Roulette: The purest game of chance, roulette gives players a chance to test their luck by picking numbers on a wheel, choosing from 1 to 36, with a 0 and 00, or Mini-Baccarat: a casual, fun way to play this sophisticated high-limit classic. Users can bet on the "Player" or the "Banker". Whichever hand comes closest to 9 is the winner.
Apart from the wide collection of games, all Flamingo NFT holders will participate in draws. The prizes are significant, and include 150.000$ for 5 NFT holders, 10.000$ for 20 NFT holders, 10 Tesla's model 3 for 10 NFT holders, and 200 Apple iPhones 13 for 200 NFT holders. The chances of winning are more than just a statistical probability.
Above all, NFTs are revolutionizing the way money can be made. Gaming houses usually have the odds stacked in their favor for all games, although the house edge does vary on each one. So the house always wins. With Flamingo club, the user is the house, and is set to make returns on their investment from the share of profits made by the club (80% of the profits will be distributed). It is a safe way to make passive income from different activities without participating in them; without the risk of losing your own assets. It is a different way of doing business and participating in this sector.
The covid-fuelled rise in the industry was just the beginning. Nowadays, NFT projects are targeting this sector specifically, setting the tone for future developments. The growth potential is enormous, and with projects like Flamingo, users can find new ways of making money as passive income with low risk and no strings attached.