NFT News

The first NFT superyacht in the world has been sold for USD 12 million

A boat is the latest thing to be sold as an NFT (non-fungible token), following paintings, residences, and jewellery. On the Ethereum blockchain, the world’s first NFT yacht was recently sold. The physical shape of the 110-foot yacht, designed by Gregory C Marshall, will also be provided to the NFT owner.

Gregory C Marshall teamed up with Cloud Yachts to develop the concept of integrating the two worlds of NFTs and yachts to create custom-superyachts for individuals.

On the project’s official website, Cloud Yachts explained, “Award-winning naval architect Gregory Marshall is pioneering the world’s first NFT superyacht new build project.” The client will use the first-of-its-kind augmented reality technology to customise their superyacht in the metaverse.”

It will cost USD 95 million and be built in Seattle by Delta Marine.

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