Cyber Yachts is the world's first metaverse yacht company and a division of Monsoon Blockchain Corporation. It has announced the purchase of the world's most expensive NFT. It is a 120-meter (394-foot) mega-yacht named "Indah," priced at $400,000,000 USD (Indah can be purchased in Ethereum (ETH), Bitcoin (BTC), and Bitcoin Latinum) (LTNM). The buyer will also receive a fully-built 394-foot real-world mega yacht based on the same design. It built by one of the world's most respected luxury yacht builders, in addition to the NFT.

Cyber Yachts and internationally renowned yacht designer Lukasz Opalinski of Opalinski Design House collaborated on the project. Among Opalinski's clients are the Italian shipbuilder Benetti and the Dutch yacht builder Oceanco. Opalinski won New Designer of the Year at London's prestigious New Designers Show in 2005 and 2006 while studying under renowned megayacht captain and naval expert John Henson. On YouTube, Opalinski's yacht design presentation for "Project Magnitude" received 9.5 million views.

"My emotions are driven by a passion for 'being on the water,' which drives me to create extraordinary boats that are designed to set new industry standards and bring new dimensions to the boating experience. Form and function coexist in perfect harmony "Opalinski stated.

The Indah means "beautiful" in Indonesian. It has a revolutionary and patented design concept in which the transom bulkheads (the sides of the ship at the stern) swing outward, revealing additional deck space that nearly doubles the size of the conventional swim platform as the platform lowers to meet the water, creating an expanding beach club effect as the platform lowers to meet the water.

The mega yacht can fly over the water at a top speed of 24 knots and has a range of 7,000 nautical miles, accommodating 24 guests in 12 cabins. A helicopter landing pad, a massive 5,500 GT interior, a casino lounge, gym, sauna, a private owner's suite with exclusive aft deck balcony, and a foredeck hot tub with sun loungers and retractable sunshade are among the other features.

Cyber Yachts was founded in collaboration with three-time Grammy nominee Quavo of the platinum-selling group Migos. Quavo recently joined Justin Bieber's star-studded Justice Tour, and he's also a playable character in the popular NBA 2k22 video game.

Cyber Yachts is constructing a luxury event and online gaming metaverse comprised of yachts, celebrities, rock stars, island hopping, and a vast ocean of resorts. The SuperYacht will be at the heart of the experience, each one unique and custom designed for its own mega rock star, celebrity, or luxury brand captain. Cyber Yachts intends to provide users with experiential curated events, performances, game searches, digital luxury goods, and social fun via tickets and VIP passes.

Visit cyberyachts.com for more information on Cyber Yachts.

According to market research firms, the global yacht market will reach $8.5 billion in 2021, up from $8.15 billion in 2020, and is expected to reach $12.16 billion by 2028. During the pandemic, the world's billionaires increased from 2095 to 2755, and the world's accumulated wealth increased by 60%, or $5 trillion.

In the last year, the metaverse has grown in popularity and value, with a significant increase in businesses and celebrities purchasing plots of virtual "land" in The Sandbox and Decentraland, allowing them to digitally market, build awareness, and extend their brands. Several of the world's top investment banks have predicted that the metaverse could be worth $8 trillion.

Cyber Yachts is well-positioned in a lucrative NFT market. Another major bank recently raised its forecast for the NFT market's market capitalization to $80 billion by 2050, with double-digit growth over the next five years. A major NFT company recently raised $450 million in venture capital funding from leading firms, valuing the company at $4 billion. This was one of the largest seed rounds in the history of any NFT collection.

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