The United States Patent and Trademark Office (USPTO) has granted patent pending status to Cyber Yachts, the first metaverse yacht company. Cyber Yachts, a subsidiary of the Monsoon Blockchain Corporation, got the pending patent created for such a cyber initiative.
The yacht company has a metaverse and real-world events line-up to be released this summer. The initial events will combine NFT drops with virtual performances by award-winning and upcoming musical artists and personalities.
One of the proprietary technologies of the blockchain company allows the interaction of NFTs in the metaverse. Users who have credentials can access the metaverse environment and use the data objects in the virtual world. The newly awarded patent-pending status enables the corporation to protect its commercially significant proprietary technologies, innovations, and enhancements.
Certain Cyber Yachts NFTs may also be outfitted with a real-world construction option. These advances will provide a bridge between the metaverse and the actual world. This also grants Cyber Yachts NFT holders access to exciting activities in the metaverse.
The metaverse has gained substantial popularity and value over the past year, with a surge in the number of firms and celebrities purchasing virtual “land” in The Sandbox and Decentraland to digitally promote, improve brand recognition, and expand their brands. There is an estimation by different investment banks about the possibility of metaverse bringing in returns worth up to $8 trillion.
NFT Plus Super Yachts
Cyber Yachts will launch the most expensive NFT, a 120-meter superyacht dubbed “Indah,” for $400,000,000. The purchaser of the NFT will also have an exclusive offer to have a 394-foot superyacht that will be constructed by one of the leading shipbuilders. The Indah NFT and its actual superyacht are available for purchase using Ethereum, Bitcoin, and Bitcoin Latinum. In addition, the business has signed many of the world’s leading luxury mega yacht designers for forthcoming collections of remarkable boats.
Cyber Yachts is strategically positioned in the lucrative NFT sector. Another large bank has just boosted its market value projection for the NFT sector to $80 billion by 2050, with double-digit growth over the following five years. In addition, a prominent NFT startup just secured $450 million from renowned venture capital companies, valuing the company at $4 billion.