A metaverse mega yacht that just sold for $650,000 is the most expensive NFT sold in The Sandbox virtual world



The sun is shining in the Bahamas.

Fraser Yachts.

The most expensive token ever sold in The Sandbox virtual gaming world was a mega yacht.

The Metaflower Super Mega Yacht was purchased for 149 ether. It has a DJ booth, two helipads, and a hot tub. The first report was from HypeBeast.

Republic Realm, a metaverse developer, released a digital asset for The Fantasy Collection line of luxury NFTs. Private islands, jet skis, and speedboats are other luxury products.

The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences.

According to the white paper, players can create and sell digital assets. The platform's main utility token, sand, can be used to participate in the governance of the platform via a DAO.

The sale of luxury items in the metaverse, a new three-dimensional iteration of the internet, has been making headlines.

A plot of digital land in Decentraland, a virtual world, was sold in November for a hefty price that was more expensive than most homes in New York City and San Francisco.

A plot of digital land sold for $2.3 million in a virtual world.

The sales show how much investors are willing to pay to secure their lots before the metaverse enters the mainstream.

The value of the cryptocurrencies that are linked to the virtual world has gone up due to the increase in interest.

Business Insider has an original article.