Metaverse developer Republic Realm has successfully sold The Metaflower Super Mega Yacht for 149 ETH (approximately $650,000 USD), making the digital yacht the most expensive NFT asset in The Sandbox.
The Sandbox is currently one of the leading metaverse games boasting collaborations with brands and personalities such as adidas, Atari, Bored Ape Yacht Club, Binance, Snoop Dogg, The Smurfs, DeadMau5 and others. Republic Realm has developed a series of “Fantasy Islands” on the platform consisting of 100 private islands.
The collection of islands, which consist of villas built on top of NFT land, sold out in under 24 hours, and has a current floor price of 63.9 ETH (approximately $280,000 USD). The record-breaking Metaflower Yacht is an extension of the Fantasy Islands development and is a one-of-one NFT that fall under the Fantasy Collection, a suite of luxury NFTs including private islands, jet skis, and speedboats providing its holders exclusive access to the members-only beach club and Fantasy Marina. The four-story yacht features two helipads, multiple lounge areas, a Jacuzzi and a dance floor. Take a 360-degree look at the NFT here.
The Metaflower Yacht is one of many assets which Republic Realm plans to release as part of the Fantasy Collection over time. Stay tuned for more updates.
Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community. pic.twitter.com/Nl0278JbOT
— Republic Realm (@joinrepublic_re) November 24, 2021
In other news, WOAW Gallery enlists Dr. Woo for its first NFT auction.