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Food A metaverse mega yacht that just sold for $650,000 is the most expensive NFT sold in The Sandbox virtual world

20:42  02 december  2021
20:42  02 december  2021 Source:   businessinsider.com

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NFT SOPA images/ Getty Images © SOPA images/ Getty Images NFT SOPA images/ Getty Images
  • A mega yacht just sold for around $650,000, HypeBeast first reported.
  • The Metaflower Super Mega Yacht was purchased for 149 ether.
  • The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

A mega yacht just sold for around $650,000, making it the most expensive non-fungible token ever sold in The Sandbox virtual gaming world.

The Metaflower Super Mega Yacht was purchased for 149 ether, according to etherscan. It is described as an ultra-luxury megayacht, featuring a DJ booth, two helipads, and a hot tub, among other amenities. HypeBeast was the first to report.

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  8 Over-the-top Yacht Charters to Book Now for 2022 Whether you’re looking for seven decks of entertainment, a family-friendly trip, or a diving-focused Caribbean voyage, you’ll find it here. Wheels is available for charter from Fraser Yachts in the Caribbean. Rates begin at $680,000 a week plus expenses. Big Sky © Provided by Travel + Leisure Courtesy of Northrop & Johnson It's not uncommon for yacht charterers to "upgrade" their yachts year after year, chasing newer and bigger boats, which is makes Big Sky's number of repeat bookings even more impressive.

The digital asset was released by Republic Realm, a metaverse developer, for The Fantasy Collection line of luxury NFTs designed for The Sandbox. Other luxury products include private islands, jet skis, and speedboats.

The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences.

Players can create digital assets such as NFTs and upload them to the marketplace, according to its white paper. Those who own sand, the main utility token of the platform, can participate in the governance of the platform via a decentralized autonomous organization, or DAO.

The sale of luxury items in the metaverse, a new three-dimensional iteration of the internet, has been making headlines as of late.

In November, a plot of digital land in Decentraland, a virtual world, was sold for $2.43 million — a hefty price tag that trumped the cost of most homes in New York City and San Francisco.

insider trading at the NFT marketplace Opensea

 insider trading at the NFT marketplace Opensea Opensea has confirmed the rumors last week for a potential insider trading in the company. The start-up recently evaluated $ 1.5 billion. The responsible person should already have submitted his termination. © Tada Images / Shutterstock.com The NFT Marketplace Opensea. "Yesterday we learned that one of our employees bought NFT, of which he knew they should be displayed on our homepage before they published publicly." in a blog post explained OpenSea-CEO Devin FINZER that an employee to buy the

A day after, another plot of digital land sold for $2.3 million in Axie Infinity, another virtual world.

The sales continue to highlight the momentum of how much investors are willing to pay to secure their lots before the metaverse enters the mainstream.

The acceleration in interest has also fueled steep rises in the value of the cryptocurrencies that are linked to the virtual world, from Decentraland's mana token to Sandbox's sand coin.

Read the original article on Business Insider

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usr: 2
This is interesting!