A Bored Monkey Ethereum NFT Owner Establishes Real Yacht Club – Decrypt | Jewelry Dukan

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  • The Bored Yachts Club is a new community project aiming to offer yacht rental opportunities exclusively for NFT owners.
  • It comes from a Bored Ape Yacht Club NFT owner who is also the CEO of a crypto company and a yacht owner himself.

That The Bored Ape Yacht Club features plenty of disinterested looking monkeys – 10,000 of them to be exact NFT Shape – but a suspicious lack of boating options. Now a Bored Ape NFT holder (and yacht owner) plans to change that with the creation of a decentralized yacht club.

That Bored yacht club hopes to create a decentralized, NFT-powered yachting platform that will allow members to charter real ships around the world, with proceeds going to charity. The initiative begins with “Lady Amanda,” Club founder Jad Comair’s only yacht, but the goal is to attract more yacht owners over time and allow them to channel funds to causes of their choosing.

Comair is the founder and CEO of Melanion capitala French investment firm that launched a Bitcoin-themed ETF in 2021, focused on companies in the crypto industry decrypt that he personally started investing in the leading cryptocurrency much earlier, in 2014.

“Thanks to bitcoin, I was able to buy my first yacht,” he said.

An NFT is a blockchain token used to represent ownership of an item, and digital goods such as Bored Ape-style profile pictures, digital artwork, and collectibles have proliferated in recent years. The market gave way 25 billion dollars in trading volume in 2021 alone, and the Bored Ape Yacht Club is one of the industry clubs biggest achievements to date.

As an art collector, Comair was drawn to NFTs and says he’s found an affinity with the celebrity-filled Bored Ape Yacht Club as a form of digital identity — along with the potential business opportunities.

Yuga Labs grants Bored Ape NFT owners a broad license to use their own artwork to create derivative works and projects of all kinds. Others have used their monkeys to create things like clothing, toys, food and marijuana packaging, and even themes fast food restaurants. Comair decided to transform its monkey into the fictional captain and mascot of a real yacht.

He hopes that Monkey (#634)who he refers to as John Blackeye, will help entice NFT fans to buy into his Bored Yachts Club, which will be hosting an NFT drop later this year (most likely on May 20th). ether). Each of the 8,200 NFT passes – which include three different tiers of benefits – provide access to a platform that caters to charter yachts.

There is no official affiliation between Bored Yachts Club and Yuga Labs, and participants do not need to own an actual Bored Ape NFT in order to purchase and use any of these NFT membership passes. The ideal of a decentralized platform for yacht rentals predates his Ape ownership, Comair said decryptbut the mood fits and the thematic pairing turned out to be a happy coincidence.

“The name of the community is Bored Ape Yacht Club,” he said. “In my opinion, some yachts were missing.”

Comair’s 100-foot ship, Lady Amanda, is packed with water toys and sails the Mediterranean Sea. Members of the upcoming NFT Club can bid on window rentals, with all proceeds going to a charity of the yacht owner’s choice – or let the community decide how the monies go to charity.

Comair hopes the platform will attract more yacht owners from around the world, which it says can help serve the dual purpose of filling empty charter windows (when the boat is not chartered) while also supporting charities in the process.

“It’s amazing how much emptiness you have in this whole industry,” he said of the yacht rental business. “The idea is to fill that gap — you have empty boats and people who don’t have access to those boats.”

He says he has bigger ambitions around the Bored Yachts Club. He hopes it can raise the profile of sailing, for example, and potentially bring “disruptive technologies” to the industry. “We don’t have the Tesla of sailing,” he added.

Given that boats can operate in international waters outside of land-based jurisdictions, Comair sees Bored Yachts Club as a potential stepping stone to a sort of “crypto city” tied to a marina. We have seen such Crypto City plans are playing out elsewhere to varying degrees, but Comair’s vision has a nautical twist.

At least in the short term, the idea is to start a true Bored Ape-themed NFT yacht club. A YachtCoin token is set to follow, and between potential token price hikes and NFT Pass royalties, he believes there is a potential win for yacht owners and brokers alongside the charitable element.

And while the path of the original Bored Ape Yacht Club has led to this metaverseabout the upcoming launch of different gameBored Yachts Club has another goal in mind.

“Instead of a metaverse at the end,” Comair explained, “you have a ‘yachtverse’ where you basically prefer sailing to video games.”

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