Connecting the Real-World Yachting Industry with Virtual Yachts

Opulence. Grandeur. Luxury. Affluence. These are all terms that have become synonymous with the “yachting” lifestyle. The global yacht industry market is projected to reach $10.8 Billion dollars by the year 2026 and $12.8 Billion by 2031. Individuals seeking to own or travel aboard yachts and mega-yachts, understand the image portrayed by selecting this mode of travel for vacationing. Likewise, owning a non-fungible token (NFT), unique digital assets using blockchain technology to be bought and sold as an asset, may display credibility and prestige to others.

Those belonging to the yachting community have a sense of comradery through their shared lifestyle. Similarly, the Metaverse, a virtual world where NFT holders can experience a 3D digital version paralleling realty, builds a sense of community and belonging, complete with high-valued NFTs to convey a social status of wealth and exclusiveness. Just like the growing global yacht industry, this new Web 3.0 is attracting celebrities, influencers, and millennials in droves. Most recently, the rapper, Quavo, partnered with Bitcoin Latinum to unveil his Cyber Yachts NFT collection. In addition to the unique NFT, holders will gain access to exclusive events.

The real-world yachting industry’s typical charter season lasts approximately six months, and the upkeep and cleaning, along with five-star service for patrons, is a 24/7 job for crew members, referred to as “yachties.” NFT mega-yachts are not only accessible year-round, but companies like Lazy 8ight Yacht Club (L8YC) even offer detachables, or 3D virtual water “toys” mimicking their real-life counterparts. Unlike Quavo’s NFT yacht collection, L8YC’s mega-yachts are not only 3D, but completely traversable, utilizing groundbreaking technology for its digital artist to create the most authentic-looking yachts, complete with gamblers’ dens and cigar lounges, in their own Metaverse Marina. L8YC will host real-world exclusive networking events and yacht parties for holders. The virtual yacht experience is proving to allow for greater accessibility of the genuine yachting experience, with vast appeal and entertainment for all.

L8YC set sail in June 2022. Make waves with L8YC on their website http://L8yachtclub.com and on Instagram at https://www.instagram.com/l8yc_nft_/ or Discord at discord.gg/l8yachtclub