Bridging the Gap between Web3 and Web0 through Luxury Services

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2 Jul 2022

Increasingly, NFT (non-fungible token) companies are offering utility in the form of luxury services. For example, Lazy 8ight Yacht Club (L8YC), aims to bridge the gap between luxury hospitality and blockchain technology through the integration of Web0 (in-real-life) and yacht chartering options. As L8YC evolves, their goal, like a select few innovative projects, is to utilize smart contracts to seamlessly facilitate large financial transactions within the luxury hospitality space. Lazy 8ight is the first company to map the entirety of a 90 meter-mega yacht as an NFT. This technological capability allows L8YC to create an interactive gaming world in Unreal Engine 4, but the innovation continues into Web0 through partnerships with real-world yacht builders to create traversable 1:1 NFT models of real-world yachts. Using VR glasses, potential buyers can explore yachts prior to making booking appointments. NFTs also allow companies to structure in a way benefitting all involved. In the instance of L8YC, 50% of profits precured by the company, are returned to its members (NFT holders). Therefore, Lazy 8ight community members not only benefit via discounts on luxury services, but from passive rewards, too.
Because of their ties with businesses in the real world, L8YC is able to offer its members considerable savings on its tailored events. The luxury hospitality and NFT company organizes events for NFT communities, Web2 companies, influencers, and individuals. Each event is personalized to meet the specific needs of L8YC clients. The price for experiences vary considerably, with events starting in the lower price range of $15–$20k, and an average event costing between $35,000 and $50,000. When organizing a complex event, the company requests 30 days’ advance notice, but if necessary, Lazy 8ight’s planners may be able to expedite the process in as little as 4 days. They have been known to work scheduling miracles, and their partners are a tremendous help in enabling flexibility.
L8YC collaborates alongside luxury partners to develop one-of-a-kind experiences for the Lazy 8ight community. Some examples of partnerships Lazy 8ight leverages are as follows: events on yachts and villas, organized helicopter rides or luxury car escorts for VIPs, luxury CBD/TBH infused catering, custom sneaker designs, security services, celebrity appearances, and, of course, the L8YC media team to create assets for social media channels.
The world’s first yacht chartering service on the blockchain set sail on June 11th, 2022, with an unprecedented 50% of profits being distributed to L8YC NFT holders. Until now, yachting has only been accessible to an elite few. With a L8YC membership, their 8,888 holders can enjoy exclusive discounts to the world’s most luxurious style of vacationing. Day charters can be booked without much advance notice, since L8YC has yachts ready to set sail, in several locations. These charters typically range from $1,500-$6,500 per day for L8YC NFT holders, an extreme savings of up to 80%. Lazy 8ight is able to offer day charters in most states within the continental U.S., as well as the Bahamas, and the Dominican Republic.
Traditional charters are fully customizable experiences, which can be coordinated for clients around the globe. These charters may be reserved for one day, or up to several months. L8YC co-hosts events with NFT projects around the world. Co-hosting spots start at $10k per project, per event, and vary depending on location and event details. These events are beneficial, since projects share in the cost, allowing companies to collaborate and network with one another, while letting L8YC take care of everything else. Additionally, all events also receive the L8YC community discount. Private luxury events are possible though Lazy 8ight’s network of luxury partnerships, bringing together every detail of a luxury event for clients and their communities. The sky is truly the limit with luxury events…if you can dream it, Lazy 8ight can make it happen.
Be sure to visit Lazy 8ight Yacht Club on their website at http://www.l8yachtclub.com for minting information and available luxury services, or on social media via Twitter, Discord, Instagram, and Medium.