Cloud Yachts, a Web3 yacht brokerage, has introduced a tokenized version of a 94-foot-long Sunseeker super yacht, providing NFT holders with a cruise around Miami. These Super Yacht NFTs can be purchased for $500 and redeemed for a cruise between April 2023 and April 2024. In addition, the non-fungible tokens offer several benefits that will enhance the value of the asset.

Cloud Yachts collaborated with industry-leading designers to develop the limited-edition tokens on Ethereum, with plans to release them in small quantities during major yacht shows and award ceremonies. The official minting of the NFTs began on March 23, and Cloud Yachts is proud to present the world’s first tokenized super yacht. NFT holders not only get to go on a day-long cruise around Miami but also join an exclusive superyacht community and gain VIP access to exclusive events within the super yacht community, such as parties and shows.

Cloud Yachts is committed to making cruising affordable for many individuals and providing a once-in-a-lifetime opportunity at a discounted price. Additionally, NFT holders can attend yacht shows and access networking opportunities. According to Jordan Truchan, Vice President at Cloud Yachts, it is “absolutely impossible to go on a super yacht cruise in Miami for $500.”

Renting a yacht in Miami for a full day can cost between $15,000 and $20,000, but Cloud Yachts is offering access to this exclusive experience for a fraction of that amount through its NFTs. The platform states that “by purchasing a Cloud Yachts NFT, buyers gain membership access to a yachting network whose benefits and offerings will only increase over time.”