MIAMI, 09 May 2022 (GLOBE NEWSWIRE) – Cyber Yachts, the world’s first metaverse yacht company, a division of Monsoon Blockchain Corporation, has been granted patent pending status by the US Patent and Trademark Office (USPTO). The patents are for cutting-edge technology developed for Cyber Yachts NFT and metaverse projects.
The company is on track for the summer launch of its list of metaverse and real events (IRL). The first set of events includes NFT drops combined with virtual performances from award-winning and upcoming music artists and celebrities.
Cyber Yachts has developed a revolutionary intellectual property right that allows non-fungible tokens (NFTs) associated with a blockchain to interact with data objects in a metaverse. Cyber Yacht’s metaverse environment will give legitimate users access via NFTs and will also provide users with a mechanism to access data objects in the virtual environment.
The new patent-pending designation allows the company to protect its proprietary technology, inventions and improvements that are commercially important for the development of the company. In addition, the company uses the most effective and efficient intellectual property instruments, including patents, trademarks and trade secrets, to achieve these goals.
Some NFT Cyber Yachts can also be configured to include an opportunity to build in the real world (the physical, not the virtual world). Imagine buying an NFT luxury megayacht, which allows the buyer to also receive the physical megayacht, built entirely by a world-famous shipyard based on the same design. These developments will provide a unique bridge between the metaverse and real life. It also gives Cyber Yachts NFT holders access to concerts, parties, events, lounges and other immersive experiences in the meta verse.
Metaverset has grown in popularity and value over the past year, with a significant increase in the number of companies and celebrities buying virtual “land” in The Sandbox and Decentraland, allowing them to digitally market, raise awareness and expand their brands. Several major global investment banks have predicted that Metaverse could be a $ 8 trillion market opportunity.
Cyber Yachts was founded in partnership with three-time Grammy-nominated artist Quavo from the platinum-selling band Migos. Quavo recently joined the Justin Bieber Justice Tour and is now a featured character in the popular NBA 2k22 game. Cyber Yachts will consist of NFT collections with extraordinary mega-yachts. Purchasing Cyber Yachts NFT comes with experiential bonuses, such as access to celebrity yacht parties, exclusive merchandise and more.
For more information on Cyber Yachts, please visit cyberyachts.com
Announced last month, Cyber Yachts will launch the world’s most expensive NFT – a 120 meter (394 foot) mega yacht named “Indah”, priced at US $ 400,000,000. In addition to the NFT, the buyer will also receive the fully built, real 394-foot megayacht based on the same design, built by one of the world’s most respected luxury yacht builders. Indah NFT along with its actual mega yacht can be purchased with Ethereum (ETH), Bitcoin (BTC) and Bitcoin Latinum (LTNM). The company has engaged several of the world’s leading luxury megayacht designers for the upcoming extraordinary yacht collections.
Market research firms have predicted that the global yacht market will reach $ 12.16 billion by 2028, up from $ 8.15 billion by 2020. During the pandemic, the number of billionaires worldwide has increased from 2,095 to 2,755, and their cumulative wealth has increased by 60%, or $ 5 trillion.
Cyber Yachts is well positioned in a lucrative NFT market. Another major bank recently increased its market value forecast for the NFT market to $ 80 billion by 2050, with double-digit growth over the next five years. A large NFT company recently raised $ 450 million from large venture capital firms and valued the company at $ 4 billion. This marked one of the biggest rounds for any NFT collection to date.
Brand: Cyber Yachts
Address: 2100 Geng Road, Palo Alto, CA 94303, USA
Phone: +1 800-528-0985
THE SOURCE: Monsoon Blockchain Corporation