metaflower super mega yacht

• global">Global
• indonesia">Indonesia
• united_kingdom">United Kingdom

We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy .

Download Our App

• dark_mode" data-event-name="menu_navigation" data-custom-event="null" class="dark-mode icon-type d-none d-lg-flex nav-item">
• login">Login
• sign_up">Sign Up
• search" data-event-name="menu_navigation" data-custom-event="null">
• Food & Beverage
• Movies & TV
• Tech & Gadgets
• Brand Ranking
• Brand Directory
• Hypebeast100

'The Metaflower Super Mega Yacht' NFT Sells for a Record $650,000 USD

The most expensive nft item in the sandbox metaverse..

Metaverse developer Republic Realm has successfully sold The Metaflower Super Mega Yacht for 149 ETH (approximately $650,000 USD), making the digital yacht the most expensive NFT asset in The Sandbox .

The Sandbox is currently one of the leading metaverse games boasting collaborations with brands and personalities such as adidas , Atari , Bored Ape Yacht Club , Binance , Snoop Dogg , The Smurfs , DeadMau5 and others. Republic Realm has developed a series of “Fantasy Islands” on the platform consisting of 100 private islands.

Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT — Republic Realm (@joinrepublic_re) November 24, 2021

What to Read Next

Stegosaurus Fossil Shatters Auction Record Selling for $44.6 Million USD

This Restored Banksy Piece Could Sell for Over $800,000 USD

Tesla Is Selling $300 USD Tailgate Shields for the Cybertruck

The Hundreds x Concord Records is a Soulful Tribute to Jazz Music

GORT Continues to "Honor the Past" With its FW21 Collection

Post Malone's Maison No.9 Rosé Label Releases a Second Merch Capsule

Microsoft Proves it Tried to Buy Nintendo Back in 1999

KOMIYAMA YUKA BOOKS and GR8 Unveil the Cali Thornhill DeWitt x Go Mishima Collection

Bandai Spirits Releases SPIRITS METAL ROBOT Version of Epyon

Fritz Hansen's Seoul Pop-up Hotel Is a Seamless Contemporary and Traditional Fusion

Joan Cornellà Announces New "Send Yourself Nowhere But Shanghai" Exhibition

Take an Official Look at the 'South Park' x adidas Originals Superstar "Kyle" and adidas NMD R1 "Kenny"

Jacquemus Teases CBD-Infused Sparkling Water

Steve Aoki Reveals a 'The Matrix' x DIM MAK Apparel Capsule

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

• 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.

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.

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.

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.

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.

• Main content

Someone bought a $650,000 NFT yacht for a game that hasn't been released

What if we took the beloved children's game Minecraft, and added the concept of private property?

In the latest development of the NFT techno-financial trash fire none of us are allowed to look away from, Hypebeast reports that an NFT yacht just sold for $650,000. More precisely, the "Metaflower Super Mega Yacht" went for 149 "WETH" or "Wrapped Ethereum." Its utility over regular Ethereum eludes me, but crypto people love having multiple barriers of transfers, digital wallets, and withdrawals between the money of the future and money you can use to pay your rent.

The Metaflower Super Mega Yacht's lucky (and anonymous) owner 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 of NFT land in the Sandbox + architecturally unique 3D NFT villas) on the Ethereum blockchain."

Are you still with me? You're going to wish you weren't. This unimpressive 3D model and attending luxury resort will live in " the Sandbox ", a blockchain-based, self-described "metaverse." Its low-fi aesthetic and emphasis on user-generated content are strongly reminiscent of Roblox, as is its cosmetics-centric monetization, but on a vastly different scale. This is NFTs and the blockchain, so instead of little 12-year-olds sneaking their parents' credit cards so they can look like Thanos, it's adults with fully developed brains dropping $16,585 for the " Female Teacher " player model, which isn't even one of a kind. Have I mentioned that the Sandbox is still in a closed alpha?

If nothing else, all of this makes me feel better about buying League of Legends' Dunkmaster Darius skin for fifteen bucks back in 2014. Maybe if the Dunkmaster was on the blockchain, I wouldn't have lost him and my other skins when Riot updated their account system in early 2020. (I do not mourn their loss.) If all goes well, hopefully this stuff will all go down like the Hindenburg without taking the global financial system with it.

The biggest gaming news, reviews and hardware deals

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

Ted has been thinking about PC games and bothering anyone who would listen with his thoughts on them ever since he booted up his sister's copy of Neverwinter Nights on the family computer. He is obsessed with all things CRPG and CRPG-adjacent, but has also covered esports, modding, and rare game collecting. When he's not playing or writing about games, you can find Ted lifting weights on his back porch.

I can't decide whether I want this AI customer service chatbot Rickrolling users to actually be real… but I'm still here for it

The Windows 11 dev build has an accessibility feature to use a single webcam across multiple apps at the same time but it may get more use as a streaming tool

Asked about SAG-AFTRA's strike for better AI protections, Amazon Games Boss claims AI 'has nothing to do with taking work away' from actors because 'for games, we don't really have acting'

Most Popular

• 2 Best 14-inch gaming laptop in 2024: The top compact gaming laptops I've held in these hands
• 3 Best Mini-ITX motherboards in 2024: My pick from all the mini mobo marvels I've tested
• 4 Best RAM for gaming in 2024: I've tested the best DDR4 and DDR5 RAM to find the right kits for you
• 5 Best ultrawide monitor for gaming in 2024: the expansive panels I recommend for PC gamers
• 2 MSI Crosshair 16 HX review
• 3 Tactical Breach Wizards review
• 4 Geekom AX8 Pro review
• 5 Dungeons & Degenerate Gamblers review

• The Inventory
• Beyond Cars

This Whole Metaverse Mega Yacht NFT Makes Me Want To Die

The metaflower super mega yacht just sold for $650,000 in the sandbox virtual world.

I can’t believe I have to write these words, but a giant virtual yacht just sold on a video game for $650,000 in real money, well real crytocurrency , successfully combining all the worst aspects of the NFT and crypto trends into an actual and yet somehow still fake purchase, as reported by Hypebeast and Business Insider .

Suggested Reading

There are a lot of moving parts to this whole situation, so I’m going to try to break it down for those of us — myself included — who have no idea what on Earth is happening. This sale took place in something called The Sandbox , which is basically a virtual gaming world, a “ metaverse” where players can “play, build, own, and monetize their virtual experiences,” the website claims.

Related Content

I feel like this whole concept needs an example to make it make sense. Let’s say you built a house i n Minecraft (or some other video game of your choice). Despite the fact that you built it, it’s still technically ‘owned’ by the makers of Minecraft . In The Sandbox , anything you make is owned by you, and you can sell it for in-game tokens that have a monetary value in the real world, theoretically.

On gaming platforms like The Sandbox , then, people can buy and sell luxury items like yachts . And this giant yacht — horrifically christened the Metaflower Super Mega Yacht — sold for 149 E thereum , which at this moment translates to about $650,000 in real, actual money.

Were The Metaflower Super Mega Yacht a real thing, it would probably be pretty cool. Metaverse trading website OpenSea says it has “a DJ booth, helicopter landing pad, and hot tub, among other amenities” and “provides access to The Fantasy Marina and is designed to be the crown jewel of The Sandbox. ” But I can’t park it in the harbor and watch the Monaco Grand Prix — unless there’s expensive virtual racing in The Sandbox ? — so the concept just seems ridiculous.

It also just looks... like a low-poly yacht. I don’t get it.

As you’ve probably gathered by now, I simply don’t see the appeal of this whole... thing. I can’t wrap my head around spending my hard-earned dollars on something that only exists virtually, but some people have seen enough value in it to spend over $2 million on virtual plots of Sandbox land. And I can’t find anyone to explain the point of the metaverse’s so-called “three-dimensional internet” who haven’t already totally bought into the idea.

I think I’ll just stick to my Animal Crossing , where I can spend my hard-earned fake money on fake luxury items without it ever costing me a cent in real life. The rest of you... well, good luck.

• Cryptocurrency
• Cryptocurrency News
• Mega Yacht Sold for $650,000 in Metaverse, Becomes Most Expensive NFT in Sandbox Virtual World

Mega Yacht Sold for $650,000 in Metaverse, Becomes Most-Expensive NFT in Sandbox Virtual World

The white coloured, three-storied virtual luxury ship is called the “metaflower super mega yacht”, featuring two helipads, hot tubs, and a dj booth..

Photo Credit: Twitter/ Eart Labs

Metaflower Super Mega Yacht is now the most expensive NFT on the Sandbox virtual world

• The transaction was done in 149 Ether tokens.
• Details about the buyer remains unknown
• Sandbox has other NFTs like jet skies and speed boats

In the Sandbox virtual gaming world, a mega yacht has been sold for a whopping $650,000 (roughly Rs. 4.8 crore). Part of the metaverse, this virtual luxury ship is called the “Metaflower Super Mega Yacht”, featuring two helipads, hot tubs, and a DJ booth among other lavish facilities. With this purchase, the Metaflower yacht has become the most expensive non-fungible token (NFT) to have been sold in the Sandbox — a virtual world built on the Ethereum blockchain that allows players to gather digital collectibles, build their own games, and monitise their experiences.

Metaverse is a futuristic, three-dimensional version of the Internet that can potentially sustain a fully functional virtual universe.

At a time when the concept of metaverse is beginning to echo in gaming and crypto spaces, the news of this purchase was quick to surface on social media.

• Ethereum Whale Moves 9 Million MANA Tokens to Anonymous Account

As per the images, this yacht is three-storeyed and white in colour. The payment of this NFT was done in 149 Ether tokens.

Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT — Republic Realm (@joinrepublic_re) November 24, 2021

The pricey digital asset was released by Republic Realm, a metaverse developer. It was especially designed as part of a luxury NFT series, designed for The Sandbox. Private islands, speed boats as well as jet skis are other products that are on this series.

This is, however, not the first time a metaverse property has garnered a large amount of money in sales.

• Pokemon Go Developer Announces Launch of 'Real World Metaverse'

Earlier in November, a plot of land was sold for $2.43 million (roughly Rs. 18 crore) in Decentraland, which is also a decentralised, 3-dimensional virtual reality universe built on the Ethereum blockchain. People can buy pieces of land, estates, and wearables for their virtual avatars to customise their experience of existing in an alternate reality. All the buyable items are NFTs — digital collectibles with value.

Recently, another chunk of digital land was purchased for $2.3 million (roughly Rs. 17 crore) in the virtual gaming world of Axie Infinity .

Bloomberg Intelligence expects the market opportunity for the metaverse to reach $800 billion (roughly Rs. 59,58,719 crore) by 2024.

After Facebook was rebranded to “Meta” earlier this year, more tech giants like Microsoft, Nvidia Omniverse, and Roblox Metaverse are getting into the groove of the metaverse.

The metaverse is here, and it's not only transforming how we see the world but how we participate in it – from the factory floor to the meeting room. Take a look. pic.twitter.com/h5tsdYMXRD — Satya Nadella (@satyanadella) November 2, 2021

For the latest tech news and reviews , follow Gadgets 360 on X , Facebook , WhatsApp , Threads and Google News . For the latest videos on gadgets and tech, subscribe to our YouTube channel . If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube .

Related Stories

Advertisement

• iPhone 16 Leaks
• Apple Vision Pro
• Apple iPhone 15
• OnePlus Nord CE 3 Lite 5G
• Xiaomi 14 Pro
• Oppo Find N3
• Tecno Spark Go (2023)
• Best Phones Under 25000
• Samsung Galaxy S24 Series
• Samsung Galaxy S24 Ultra
• Samsung Galaxy Z Flip 5
• Apple 'Scary Fast'
• Housefull 5
• GoPro Hero 12 Black Review
• Invincible Season 2
• HD Ready TV
• Laptop Under 50000
• Smartwatch Under 10000
• Latest Mobile Phones
• Compare Phones
• Infinix Note 40 Pro+ Racing Edition
• Infinix Note 40 Pro Racing Edition
• Tecno Spark Go 1
• iQOO Z9s Pro 5G
• iQOO Z9s 5G
• Moto G45 5G
• Oppo F27 5G
• Dell XPS 13 (9345)
• Acer Nitro V 16
• Poco Pad 5G
• Redmi Pad SE 8.7
• Redmi Watch 5 Active
• Google Pixel Watch 3
• Vu Vibe QLED TV
• Infinix 32Y1 Plus Smart TV
• Sony PlayStation 5 Slim Digital Edition
• Sony PlayStation 5 Slim
• Blue Star 1 Ton 3 Star Inverter Split AC (IB312TKU)
• Blue Star 1.5 Ton 5 Star Inverter Split AC (IC518QNURS)
• Don't Miss the Planet Parade on August 24: See Saturn, Neptune, and More
• WhatsApp Spotted Working on Themes for iOS App; Username PIN Feature Surfaces on Android Beta
• iPhone 16 Series to Launch on September 10 Alongside New AirPods, Apple Watch Models: Bloomberg
• Infinix Note 40 Series Racing Edition With F1-Inspired Design Launched in India: Price, Specifications
• Samsung Galaxy S24 FE Surfaces on US FCC Website Hinting at Imminent Launch: Report
• Vivo Y18i With Unisoc T612 SoC, 13-Megapixel Rear Camera Launched in India: Price, Specifications
• Microsoft to Host Cybersecurity Summit After CrowdStrike-Induced IT Outage
• Meta Cancels Plans for High-End Mixed-Reality Headset to Rival Apple Vision Pro: Report
• Study Reveals Ultra-Low Velocity Zones May Be More Common in Earth's Mantle Than Previously Thought
• Milky Way and Andromedia Fated Collision Might Not Happen, Reveals New Study
• Mark Your Calendar for Aug 24 to Witness a Stunning Planet Parade Featuring 6 Planets in the Sky

• Privacy Policy
• Editorial Policy
• Terms & Conditions
• Complaint Redressal

• INSIDER REVIEWS
• TECH BUYING GUIDES
• stock market

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

Isabelle lee   .

• 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.

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.

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.

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.

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 MORE ARTICLES ON

• Mi Exclusive
• The Sandbox
• Decentraland
• Republic Realm

Popular Right Now

Advertisement

• Nautic Shows
• America’s Cup
• Classic Yachts
• Motor Yachts
• Sailing Yachts
• Superyachts
• Yachts News
• Destinations
• Yacht Clubs
• Boat Racing
• Meta Yachts

• 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.

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.

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.

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.

• CryptocurenSea
• metaverse mega yacht
• virtual world

RELATED ARTICLES

Oceanco to launch limited collection of nft superyachts, cloud yachts is dropping a collection of nfts yachts for the miami international boat show, cyber yachts, the world’s first metaverse yacht company.

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

LATEST ARTICLES

Louis vuitton preliminary regatta opening press conference, editor picks, nautic magazine and duward watches announce prestigious collaboration: introducing the aquastar summer sailing 2024 bcn edition, canadian beau lake introduces the tahoe ’14 and lugano ’14 electric runabouts, underwater adventure and exploration with deepflight’s super falcon 3s, popular posts, mirabaud sailing video of the century: celebrating 2 decades of passion, young designer of the year 2022: ioana valentina corcodel reveals 65m ophelia concept, the nacra15 world championships open in la grande motte, france, popular category.

• Regatta 836
• America's Cup 481
• Motor Yachts 264
• Boating 220
• Superyachts 189
• Sailing 183
• Yachts News 174
• Sailing Yachts 167

By Alan Yuhas

More than 180 feet long, with a mast towering about 240 feet and a keel that could be lowered for greater stability, the Bayesian luxury yacht did not, in the eyes of its maker, have the vulnerabilities of a ship that would easily sink.

“It drives me insane,” Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company that made the ship, said after its wreck last week. “Following all the proper procedures, that boat is unsinkable.”

But the $40 million sailing yacht sank within minutes and with fatal results: seven dead, including the British technology billionaire Michael Lynch, his teenage daughter, four of Mr. Lynch’s friends and a member of the crew. Fifteen people, including the captain, escaped on a lifeboat.

Mr. Lynch had invited family, friends and part of his legal team on a cruise in the Mediterranean to celebrate his acquittal in June of fraud charges tied to the sale of his company to the tech giant Hewlett-Packard.

The Italian authorities have opened a manslaughter investigation, searching for answers from the survivors, the manufacturer and the wreck itself. They face a range of questions and possible factors.

An ‘earthquake’ in the sky?

When the Bayesian sank around 4 a.m. on Aug. 19, the waters in its area, about half a mile off the Sicilian port of Porticello, were transformed by an extremely sudden and violent storm, according to fishermen, a captain in the area and meteorologists.

But what kind of storm is still a mystery, compounded by the fact that a sailing schooner anchored nearby did not have its own disaster. Also unclear is whether the crew was aware that the Italian authorities had issued general warnings about bad weather the night before.

Karsten Börner, the captain of the nearby passenger ship, said he’d had to steady his ship during “really violent” winds . During the storm, he said, the Bayesian seemed to disappear behind his ship.

Severe lightning and strong gusts were registered by the Italian Air Force’s Center for Aerospace Meteorology and Climatology, according to Attilio Di Diodato, its director. “It was very intense and brief in duration,” he said.

The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm. His agency put out rough-sea warnings the previous evening, alerting sailors about possible storms.

Locals have said the winds “felt like an earthquake.” A fisherman in Porticello said that he had seen a flare go off in the early-morning hours. His brother ventured to the site once the weather had calmed about 20 minutes later, he said, finding only floating cushions.

The Italian authorities have so far declined to say whether investigators had seen any structural damage to the hull or other parts of the ship.

Open hatches or doors?

The boat executive, Mr. Costantino, has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 bought the yacht’s manufacturer, Perini Navi, which launched the ship in 2008.

Mr. Costantino said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, would be to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

At a news conference on Saturday, almost a week after the sinking, investigators said the yacht had sunk at an angle , with its stern — where the heavy engine was — having gone down first. The wreck was found lying on its right side at the bottom of a bay, about 165 feet deep.

12 guests occupied the yacht’s six cabins. There were also 10 crew members.

Open hatches, doors and cabin windows could have let in water during a storm, according to the manufacturer.

Open hatches, doors and

cabin windows could

have let in water

during a storm,

according to the

manufacturer.

Source: Superyacht Times, YachtCharterFleet, MarineTraffic

By Veronica Penney

Water pouring into open hatches or doors could have contributed to the sinking, experts say, but that on its own may not account for the speed at which such a large boat vanished underwater.

Asked about the hatches at the news conference, the authorities declined to comment on whether they had been found open at the wreck.

The authorities have also not specified whether the boat had been anchored, whether it was under power at the time or whether its sails had been unfurled.

A retracted keel?

The Bayesian had a keel — the fin-like structure beneath a boat that can help stabilize it — that could be retracted or extended, according to its manufacturer. On some yachts, keels can be raised to let the large vessel dock in shallower water, and extended downward to help keep a boat level.

But like the hatches, the status of the keel alone may not explain why a large ship sank with such precipitous speed. Investigators have not disclosed what divers may have seen at the wreck, aside from saying divers had faced obstacles like furnishings and electrical wiring in tight quarters. Officials want to raise the wreck to better examine it, a process that may take weeks.

Human error?

Ambrogio Cartosio, the prosecutor in charge of the case, said at the news conference that it was “plausible” crimes had been committed, but that investigators had not zeroed in on any potential suspects.

“There could be responsibilities of the captain only,” he said. “There could be responsibilities of the whole crew. There could be responsibilities of the boat makers. Or there could be responsibilities of those who were in charge of surveilling the boat.”

It remains unclear what kind of emergency training or preparation took place before the disaster, or what kind of coordination there was during it. So far, none of the surviving crew members have made a public statement about what happened the night the ship sank.

Prosecutors said they want to ask more questions of the captain and crew, who have been in a Sicilian hotel with other survivors. They said that neither alcohol nor drug tests had been performed on crew members, and that they have been allowed to leave Italy.

Prosecutors also said they were also investigating why the captain, an experienced sailor, left the sinking boat while some passengers were still on board.

Besides possible manslaughter charges, the authorities are investigating the possibility of a negligently caused shipwreck.

The bodies of five passengers were found in one cabin, on the left side of the yacht, the authorities said. The five were most likely trying to flee to the higher side of the boat and were probably sleeping when the boat started to sink, they said.

Someone Paid $650,000 for a Nonexistent Yacht in the Metaverse

The yacht is comically hideous, and can only be described as "minecraft-esque" with its blocky design., ghost yacht.

Listen, we’re not here to lecture you about how you should and shouldn’t spend your money — but you definitely should never spend more than half a million dollars on a make-believe yacht you’ll never be able to physically step foot on. 

And yet, it happened. Somebody paid roughly $650,000 in ethereum for an NFT yacht that only exists in an also-ran metaverse platform last week. 

The sale was made by metaverse and NFT developer Republic Realm for the metaverse platform The Sandbox, first spotted by Hypebeast . The yacht — dubbed "The Metaflower Super Mega Yacht" — sold for 149 ETH, making it the most expensive NFT asset on the platform. 

Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT — Republic Realm (@joinrepublic_re) November 24, 2021

Digital Specs

The yacht is comically hideous, and can only be described as "Minecraft-esque" with its blocky design. It’s made up of four stories complete with lounge areas, a hot tub, dance floor, DJ booth, and two helipads (nonexistant helicopters sold separately). You can check it out and right-click to your heart's content on its OpenSea listing .

The yacht is a part of Republic Realm’s "The Fantasy Collection," a line of luxury NFTs developed for The Sandbox platform that includes jet skis, speedboats, and private islands along with marinas and beach clubs. So there’s still plenty of opportunities to set your money on fire if you feel like it. 

So yeah, it’s pretty absurd to drop so much money on a yacht you can’t ever physically enjoy. However, there are some upsides to it if you squint hard enough. Since it’s all digital, there’s no upkeep and maintenance costs for the yacht. Plus, if you have enough money to spend more than half a million on an NFT, it’s probably a rather insignificant amount to you anyway.

The only challenge now: Finding friends to join you on your make-believe yacht. There might not be enough money in the world for that. 

READ MORE: ‘The Metaflower Super Mega Yacht’ NFT Sells for a Record $650,000 USD [ Hypebeast ]

More on dumb purchases: 12-Year-Old Earns $400,000 Selling NFTs to Idiots

Share This Article

Metaflower: Mega Yacht NFT Breaks Record

To everyone’s surprise, even those immersed in these metaverses of blockchains and virtual coins, a mega yacht named Metaflower Super Mega Yacht released by Republic Realm, a metaverse developer, sold in November 2021 for 149 Ethereum virtual coinage (valued at US$650,000).

As of this writing (January 2022), this maritime NFT, Metaflower , is the most expensive asset sold in the Ethereum-based blockchain metaverse. Take a look at this NFT for yourself.

The virtual mega yacht is luxury well-imagined with 3 decks that include two helipads, several lounge areas, a jacuzzi, and a DJ booth.

The Metaflower NFT was part of a luxury series developed for The Sandbox. The series categorized in the site’s ‘Fantasy Collection’ gave holders exclusive access to a beach club and ‘Fantasy Marina’ within which they could purchase the Metaflower and other mega yachts as well as speed boats, private islands, jet skis, and, well, basically, all the luxury maritime things that the wealthy enjoy purchasing in the non-virtual world…the place we call reality.

What is an NFT?

The Sandbox game virtual world gives artists, especially those with a gaming interest, a “canvas” to create non-fungible tokens (NFTs).

Other Notable Luxury NFTs

Sandbox has earned other headlines including a series of ‘Fantasy Islands,’ comprising several islands with gorgeous villas built on digital NFT land. It sold in under 24 hours at 63.9 Ether tokens, approximately US$280,000.

Wanda Anglin

Join our community.

Get the latest on catamaran news, sailing events, buying and selling tips, community happenings, webinars & seminars, and much more!

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

Top 10 Reasons to Sell (and Sail) Your Catamaran in Annapolis, MD

We have a new home in Annapolis! The office is located in Annapolis, Maryland

Top 10 Reasons to Sell (and Sail) Your Catamaran in Texas

Our Texas Office is located in the Watergate Marina Center in Clear Lake Shores,

Annapolis Boat Show 2024

Meet with our team!    Want to learn more about the Bali and Catana

Exploring the Catana OC 50 Catamaran: A Comprehensive Overview

The Catana OC 50 Catamaran, the latest addition to the Catana Ocean Class series,

For more than 30 years, we have been a part of the catamaran community and created Catamaran Guru™ to encourage and educate all the aspiring sailing out there. We understand the dream of traveling the world by catamaran and created a one-stop-shop to make that dream a reality for you.

• Stephen & Estelle
• Testimonials

Get Started

• Yacht Sales
• Used Yachts
• Charter Management
• Boat as Business Programs
• Seminars & Events

First virtual superyacht sold for $650k in the metaverse

The Metaflower NFT Super Mega Yacht has been sold for 149 ETH (Ethereum) in the Sandbox by metaverse developer Republic Realm. 

The metaverse is a world beyond the real world. It combines different elements of technology, including virtual reality, augmented reality and video so users can “live” in the digital universe. These virtual spaces allow users to interact in a computer-generated world and are limited only by the creativity of the designers. 

This new world has gained global awareness from individuals and corporations. As more people become more immersed by this virtual world, so does the quality of the virtual products. This is what led Republic Realm to develop and design the Metaflower yacht: the first NFT megayacht sold for 149 ETH, the equivalent to $650,000. 

The Sandbox metaverse is a virtual gaming world where players build, own and monetize their virtual experience. This means people can buy and sell luxury items like yachts. This was the case of the Metaflower.

Republic Realm has created 100 private islands on the platform so the superyacht can travel across the digital world and mimic the lifestyle yacht owners have. These islands were limited to 100, and users bought them in a record time: they were less than 24h on the market. Each island has a price of 63.9 ETH (approximately $280,000). 

However, the Metaflower superyacht is more exclusive than the fantasy islands as it has been developed as a one-off NFT. The Metaflower has been reported as an ultra-luxurious mega yacht.  It features a DJ booth, helicopter landing pad with two fully functional helicopters, hot tub, dance floor and other amenities. The Fantasy Collection NFT also grants access to The Fantasy Marina. 

You will find interesting: This 72m superyacht was sold using cryptocurrency

Understanding the Metaverse

For many, terms of the metaverse are hard to understand as the metaverse is a recent concept. The Sandbox is an open metaverse where people can play, create, own and govern a metaverse created by players. If you have ever played Minecraft , it is very similar to this. 

By completing objectives you can earn SAND or NFTs. SAND is the virtual currency of the metaverse that allows you to buy and sell lands and assets, and it has real money value. Sandbox crypto has touched new all-time highs as Sandbox sees its first users land in virtual reality. 

NFTs stand for Non-Fungible Tokens, and these are virtual tokens that are minted on the blockchain for digital security, scarcity and authenticity. They are unique, indivisible and non-interchangeable, meaning they allow true digital ownership. At current rates, NFTs are worth over $4000 apiece , but the value increases depending on the experience it provides. The Metaflower super mega yacht is an example of a luxury NFTs sold in the metaverse. 

• Send Us A Tip
• Calling all Tech Writers

‘Metaflower Super Mega Yacht’ NFT now selling for $3k

Image Source: NDTV Gadgets 360

The Metaflower Super Mega Yacht was successfully sold for 149 ETH (about USD 650,000) by Metaverse creator Republic Realm, making it the most expensive NFT asset in The Sandbox.

You might also like

Bhavish aggarwal faces criticism for proposing rupee symbol replace dollar sign on indian keyboards, iranian hackers target whatsapp accounts of trump, biden staffers, rco finance (rcof) to break crypto trading with new ai-based feature, here’s why you can’t miss it.

The Sandbox is one of the most popular metaverse games, featuring partnerships with brands and celebrities including Adidas, Atari, Bored Ape Yacht Club, Binance, and others. On the site, Republic Realm has created a series of “Fantasy Islands” comprising 100 private islands.

Metaflower Super Mega Yacht NFT now for $3k

Republic Realm, a metaverse developer, released the digital asset for The Fantasy Collection range of luxury NFTs developed for The Sandbox. Private islands, jet skis, and speedboats are among the other high-end items available. Players can create, own, and monetize their gaming experiences in the Sandbox, a virtual universe.

The islands, which are made up of villas built on top of NFT land, sold out in less than 24 hours and have a current floor price of 63.9 ETH (about USD 280,000 as of this writing). The world-record-setting Metaflower Yacht is a one-of-a-kind NFT that falls under the Fantasy Collection, a collection of luxury NFTs that includes private islands, jet skis, and speedboats, and gives its owners exclusive access to the members-only beach club and Fantasy Marina.

Two helipads, various lounge rooms, a Jacuzzi, and a dance floor are among the amenities on the four-story yacht. Surprisingly, the NFT’s current highest bid is under $3000. We’ll keep you updated on any new developments.

If you find this article informative then do not forget to share it with your friends and family!

Also read: White House Adviser says Joe Biden’s government is mining Bitcoin

Hindustan Times: Now, know how to tweet Twitter audio messages.

Binance plans to resume uk operations by getting registered, baisakhi mishra, recommended for you.

When Ola CEO Bhavish Aggarwal proposed that the rupee symbol be used on keyboards sold in India instead of the US dollar sign, he found himself at the...

Meta, the parent company of WhatsApp, revealed a concerning cyberattack attempt by an Iranian hacker group that aimed to breach the WhatsApp accounts of staff members associated with...

RCO Finance (RCOF) has brought the AI revolution to crypto trading through its AI-based solution, which will transform the industry and improve the trading experience. This disruptive feature...

Copy Protect PDF, MP3, MP4 and more, with Nexcopy USB Duplicator Systems .

Related News

HDO Box App on PC (Windows 11/10/8.1 & Mac) with Nox player

General Motors Lays off 1,000 employees due to AI prioritization

Samsung Galaxy S25 Ultra could be slightly larger than S24 Ultra! New Leak Reveals

8,000 IT Jobs Cut in India Amidst Startup Layoffs

Cisco to Lay Off 6,000 Employees in Second Round of Job Cuts

GenYouTube: Best Tool for Downloading YouTube Video and MP3

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more. reach us at [email protected]

Advertise With Us

Browse by tag.

© 2024 Techstory.in

Welcome Back!

Login to your account below

Remember Me

Create New Account!

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.

Are you sure want to unlock this post?

Are you sure want to cancel subscription.

• Yacht Charter

• Mega Yacht Sold in Metaverse for $650,000, Becoming the Most Expensive NFT in Sandbox Virtual World

The "Metaflower Super Mega Yacht" is a three-story white virtual luxury ship with two helipads, hot spas, and a DJ booth.

The Metaflower Super Mega Yacht was successfully auctioned by Metaverse developer Republic Realm for 149 ETH (about $650,000 USD), making it the most expensive NFT asset in The Sandbox.

The Sandbox is presently one of the most popular metaverse games, with collaborations with businesses and celebrities such as adidas, Atari, Bored Ape Yacht Club, Binance, Snoop Dogg, The Smurfs, DeadMau5, and others. On the site, Republic Realm has created a series of "Fantasy Islands" comprised of 100 private islands.

A giant boat has been auctioned for a stunning $650,000 in the Sandbox virtual game environment (roughly Rs. 4.8 crore). This virtual luxury ship, which is part of the metaverse, is dubbed the " Metaflower Super Mega Yacht ," and it has two helipads, hot tubs, and a DJ booth, among other opulent amenities. The Metaflower boat has become the most expensive non-fungible token (NFT) to be sold in the Sandbox – a virtual environment created on the Ethereum blockchain that allows users to acquire digital items, construct their own games, and monetise their experiences.

The Metaverse is a three-dimensional, future version of the Internet that has the capacity to support a fully operating virtual environment.

The news of this transaction quickly spread on social media, at a time when the notion of the metaverse is beginning to reverberate in the gaming and crypto industries.

According to the photos, this boat is three-story and white in color. This NFT was paid for using 149 Ether tokens.

Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT — Republic Realm (@joinrepublic_re) November 24, 2021

Republic Realm, a metaverse developer, issued the costly digital asset. It was created specifically for The Sandbox as part of a premium NFT series. Other goods in this series include private islands, speed boats, and jet skis.

This is not, however, the first time a metaverse property has sold for a considerable sum of money. 

Earlier this month, a parcel of land in Decentraland, a decentralized, 3-dimensional virtual reality environment created on the Ethereum blockchain, was sold for $2.43 million (approximately Rs. 18 crore). People may purchase plots of land, estates, and wearables for their virtual avatars in order to personalize their experience of living in an alternate world. All of the objects that may be purchased are NFTs – digital collectibles with monetary worth.

Another plot of digital property in the virtual game world of Axie Infinity was just acquired for $2.3 million (approximately Rs. 17 crore).

According to Bloomberg Intelligence, the business opportunity for the metaverse would be $800 billion (approximately Rs. 59,58,719 crore) by 2024.

Following Facebook's rebranding to "Meta" earlier this year, other digital behemoths such as Microsoft, Nvidia Omniverse, and Roblox Metaverse are getting into the metaverse groove.

The metaverse is here, and it’s not only transforming how we see the world but how we participate in it – from the factory floor to the meeting room. Take a look. pic.twitter.com/h5tsdYMXRD — Satya Nadella (@satyanadella) November 2, 2021

The collection of islands, which consists of homes built on top of NFT land, sold out in less than 24 hours and now has a floor price of 63.9 ETH (about $280,000 USD). The unprecedented Metaflower Yacht is an expansion of the Fantasy Islands development and is a one-of-a-kind NFT that falls under the Fantasy Collection, a suite of luxury NFTs that includes private islands, jet skis, and speedboats, as well as exclusive access to the members-only beach club and Fantasy Marina. Two helipads, various lounge rooms, a Jacuzzi, and a dance floor are among the amenities on the four-story yacht. Here's a look at the NFT from every angle.

The Metaflower Yacht is one of several assets that Republic Realm intends to make available as part of the Fantasy Collection over time. Please visit the real yachts for sale in our database. 

• Search Search for:
• Architecture
• Military Tech
• DIY Projects

Someone Has Bought An Imaginary Yacht In The Metaverse For $650,000

A mega yacht has been auctioned for $650,000 in the Sandbox virtual game environment. The “Metaflower Super Mega Yacht,” a virtual luxury ship that is part of the metaverse, has two helipads, hot tubs, and a DJ booth, among other opulent amenities.

The Metaflower boat has now become the most valuable non-fungible token (NFT) ever sold in the Sandbox, a virtual environment based on the Ethereum blockchain that allows players to collect digital items, create their own games, and monetize their experiences.

Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT — Everyrealm (@Everyrealm) November 24, 2021

The news of this transaction quickly spread on social media at a time when the concept of the metaverse is starting to gain traction in the gaming and crypto worlds.

Republic Realm, a metaverse, and NFT innovation and investment platform, created the virtual ship as part of its Fantasy Collection. It’s the most expensive non-fungible token ever sold in The Sandbox, according to Business Insider.

With its blocky design, the boat is laughably awful and can only be described as “Minecraft-esque.” There are lounge rooms, a hot tub, a dance floor, a DJ booth, and two helipads on the four-story building (nonexistent helicopters sold separately). On its OpenSea listing, you can look at it and right-click to your heart’s content.

The yacht is part of Republic Realm’s “The Fantasy Collection,” which includes jet skis, speedboats, private islands, marinas, and beach clubs. So, if you feel like it, there are still lots of possibilities to put your money on fire.

It’s crazy to spend so much money on a yacht you’ll never be able to use. If you squint hard enough, there are some benefits to it. The yacht has no upkeep or maintenance fees because everything is digital. Plus, if you have enough money to spend more than half a million on an NFT, it’s definitely a trivial sum to you.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Notify me of follow-up comments by email.

Notify me of new posts by email.

• (408) 684-3451
• 3100 De La Cruz Blvd. Suite #208, Santa Clara, CA 95054

Our Mission

Megawatt Electrical can handle every phase of your project, from providing concept designs and budgets to the commissioning and turnover of a project.  We believe that the most important thing that we build are our relationships, and we aspire to cultivate growth along with our clients.  Our holistic approach and depth of knowledge provides perspective and coordination that will ensure quality and transparency from project start to finish. 

Megawatt Electrical has worked with property owners, developers, and tenants to provide turnkey contracting services including project management services. Megawatt Electrical can manage all phases of a project including the design and coordination, permitting, submittals and RFI management, ensuring a successful project start. Megawatt Electrical can continue to provide construction and project management services through the construction phase of the project, ensuring the project is staying on or ahead of schedule while staying on or under budget without sacrificing quality. 

Our Core Values

1. Safety – Protecting what matters most, people 2. Excellence – Delivering excellence through schedule, quality and cost management 3. Integrity – Through transparency, accountability and open communication

Where We Operate

Entertainment | Brand new South Bay Shores waterpark opens at…

Share this:.

• Click to share on Facebook (Opens in new window)
• Click to share on Twitter (Opens in new window)
• Click to print (Opens in new window)
• Click to email a link to a friend (Opens in new window)
• Click to share on Reddit (Opens in new window)

Today's e-Edition

Things To Do

• Food & Drink
• Celebrities
• Pets & Animals
• Event Calendar

Entertainment

Entertainment | brand new south bay shores waterpark opens at great america, ‘i was screaming. that was awesome,’ said jimmy pham, the first guest to brave the shark reef plunge.

Thus, it’s hardly a surprise that they were lined up outside California’s Great America — even before the gates officially opened — and ready for more fun on Saturday morning.

“We are here all the time. This will be our 10th time this season,” says Fremont’s Quotobi, noting that she had only missed one day since the park reopened in May after remaining shuttered during the entire 2020 season due to the COVID-19 pandemic. “The staff members here are amazing. I think they are the reason why we keep coming back.”

Yet, there was another attraction that brought the Qutobis — and hundreds of other families — out to Great America on this particular day.

They were here to be among the first to experience South Bay Shores, the updated and upgraded waterpark area that opened to the public on Saturday. It takes over the old Boomerang Bay waterpark spot — and then some — adding 50 percent more room (expanding from 10 acres to 15) as well as nearly doubling the number of attractions.

There are now 18 attractions for families and other H2O fans to enjoy, compared to 10 that were available at the long-popular Boomerang Bay. A third of those can be found at what park officials have called “the main attraction” — Pacific Surge, an impressive complex of six slides that stands some six stories tall.

“As we safely reopen the park, we’re giving Bay Area residents even more reasons to call the park their favorite destination for fun,” says Barb Granter, Great America’s vice president and general manager.

The Byrne family — Kathleen and Jason with their sons Colson, 10, and Weston, 5 — came all the way up from Pismo Beach to check out the new waterpark.

“We’ve been waiting a whole year,” says Kathleen Byrne. “We’ve been really excited to check it out — be the first ones on opening day.”

Much of the advance buzz around South Bay Shores has been centered on Shark Reef Plunge, which sits atop the overall Pacific Surge complex. Those in search of a massive adrenalin rush will likely beeline for this four-slide attraction, which simultaneously sends four guests — each in separate enclosed tubes — on an amazingly fast ride down six stories. It begins as the floor literally drops out from under the riders and they embark on a nearly vertical free fall.

The first member of the general public to ever brave the Shark Reef Plunge turned out to be Jimmy Pham, who was basking in the excitement on Saturday after making the six-story drop — from start to finish — in a remarkable 10 seconds.

]”I was screaming,” said the 22-year-old Fremont resident. “That was awesome.”

Those looking for a more leisurely water-slide experience could check out the Feeding Frenzy and Barracuda slides, which are located one story down from the Shark Reef Plunge — on the fifth floor — on the Pacific Surge Complex. They still provide plenty of thrills, as guests glide down a series of drops and turns, only without the type of screaming that Pham described.

There’s also the new Tide Pool family lagoon area, featuring eight kid-sized water slides along the perimeter of a zero-depth-entry pool.

Plus, there’s just more room for relaxing now — especially in the new Grassy Gardens area, which is an ideal place for parents to kick back while the kids are on the slides. Great America has also tripled the number of dining options — moving from just one to now three — and given the place a whole new theme, ditching the Australian-themed Boomerang Bay motif for a classic California beach town vibe with South Bay Shores.

As it stands, organizers are operating the waterpark at 40 percent capacity — although that could change as more COVID-19 restrictions are lifted across California. Guests must also make reservations in advance to visit South Bay Shores online at cagreatamerica.com .

Thus far, officials are seeing a huge response to this new attraction — as well as to the overall park reopening.

“The pent-up demand that we hoped was there absolutely materialized,” says Jason Soyster, Great America’s director of marketing and sales.

Soyster also says that guests have been very agreeable to the park’s reopening safety guidelines, which include having people wear masks (but not, of course, on the water rides) and social distancing.

“I think it’s a testament to the market,” he says. “The people in the Bay Area really respect the protocols.

“People are so respectful and understanding that we are trying to open safely.”

• Report an error
• Policies and Standards

More in Entertainment

Horoscopes | Horoscopes Aug. 25, 2024: Blake Lively, the right people will support your efforts

Horoscopes | Horoscopes Aug. 24, 2024: Rupert Grint, make hard choices

‘Pachinko’ returns with Season 2, a more muted but necessary chapter in the series

Entertainment | Review: Why deciding on ‘Madden NFL 25’ is like figuring out whether to buy an iPhone