Unbelievable – Someone bought a 650K$ NFT yacht for a virtual world that doesn’t even exist

The world of NFT is getting bigger and bigger every day, and now,  reports that an NFT yacht just sold for $650,000. The “Metaflower Super Mega Yacht”went for 149 “WETH” or “Wrapped Ethereum.” Its utility over regular Ethereum eludes me, but crypto people love having multiple barriers of transfers, digital wallets, and withdrawals between the money of the future and money you can use to pay your rent.

And if you ask yourself, what you get for a 650K$ virtual yacht, the answer is a digital DJ booth, a helicopter landing pad, and a single hot tub in “The Fantasy Islands,” a self-described “luxury real estate development project of 100 NFT private islands (comprised of NFT land in the Sandbox + architecturally unique 3D NFT villas) on the Ethereum blockchain.”

This unimpressive, and actually very simple, 3D model and attending luxury resort will live in “the Sandbox“, a blockchain-based, self-described “metaverse.” Its low-fi aesthetic and emphasis on user-generated content are strongly reminiscent of Roblox, as is its cosmetics-centric monetization, but on a vastly different scale. This is NFTs and the blockchain, so instead of little 12-year-olds sneaking their parents’ credit cards so they can look like Thanos, it’s adults with fully developed brains dropping $16,585 for the “Female Teacher” player model, which isn’t even one of a kind. Have I mentioned that the Sandbox is still in a closed alpha?