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Writer's pictureIshita Bora

Bored Ape Member Launches NFT Collection With Real-Life Yachting Utility



John Blackeye, Bored Ape Yacht Club (BAYC) member #634, is launching a nonfungible token (NFT) collection with real-life yachting utility.


It has been reported that in addition to being an NFT collection, the project aims to evolve into a global, decentralized yacht club. Blackeye is throwing IRL Yacht events. And you can be part of it.


However, the Bored Yachts Club NFT collection will be a revolutionary take on luxury yachting accessibility and inclusivity. Inspired by the BAYC ecosystem, Bored Yachts Club promises to combine the Web3 community spirit with real-life yachting experiences.


The report said that the NFT collection will consist of 8,200 passes with three levels: “Flipper”, “Deckhand” and “Sailor”. These passes will be eligible for token drops and the YachtCoin, redeemable for yachting cruises and events. The YachtCoin will also serve as a Utility and Charity DAO token; which the YachtCoin foundation is responsible for.


Likewise, the Bored Yachts Club NFT holders will be granted access to the Yachtverse. This physical universe will enable users to join a Web3 community and cruise the Mediterranean. Furthermore, they will be able to participate in events such as the Cannes Film Festival, Monaco Formula 1 Grand Prix, and Voiles de St Tropez. Plans are also in place for a fully-fledged YachtCoin foundation.


This foundation will be managing the YachtCoin as well as promoting charity events to incentivize other yacht owners to join the community. Via the foundation’s work, Bored Yachts Club aims to build a global, decentralized yachting club that combines entertainment, technology, and sustainability.


The Bored Yachts Club is led by Jad Comair, also known as Captain John Blackeye. Comair is the founder and CEO of Melanion Capital, an asset management company specializing in digital assets and issuer of the first Bitcoin thematic ETF in Europe.


Thus, Comair is an expert in all things crypto and a big fan of yachting. This latest endeavor is his first step in the NFT space to launch a project that will revolutionize the yachting space.


Source: NFT Evening


 

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