Image source: Asia Crypto Today
The NFT space has never been boring as new projects seem to be popping up every day since the NFT boom in early 2021.
The Bored Ape Yacht Club, in particular, has become the most recognizable NFT project in space.
Now a Bored Ape owner has decided to take the project name to another level with the development of his own NFT.
The Bored Yacht Club
The Bored Yachts Club is an emerging NFT project that aims to create a decentralized yacht platform with an NFT gate.
The aim of the project is to give members the opportunity to charter real ships around the world. The proceeds from the project will then go to charity.
Comair
Jad Comair is the man behind the project.
He is the founder and CEO of a French investment firm called Melanion Capital, which launched a Bitcoin-themed ETF in 2021 that highlighted companies in the cryptocurrency sector.
Comair personally started investing in Bitcoin over eight years ago, which proved to be very beneficial as it allowed him to buy his own yacht.
“Bitcoin allowed me to buy my first yacht,” he said.
Diving into NFTs
Jad Comair is also an art collector.
Like many, he was drawn to the celebrity-filled Bored Ape Yacht Club.
Comair shared that NFTs, especially the Bored Ape Yacht Club, have opened the door to potential business opportunities.
Yuga Labs, the studio behind the successful project, has licensed owners to use the artwork to create their own designs.
Some users have used their monkeys for clothing, food packaging, toys, marijuana packaging, and one used theirs as a theme for a fast food restaurant.
Comair took his Ape in a different direction, turning him into the fictional captain and mascot of a real yacht.
The upcoming project
Comair hopes John Blackeye, Ape #634, will become a beacon for NFT fans to draw them to his Bored Yachts Club.
The project is expected to drop NFTs later this year.
NFT Passes have three tiers of benefits and provide access to a platform that allows holders to charter yachts.
The Bored Yachts Club will not be officially affiliated with Yuga Labs, so participants will not need to own a Bored Ape NFT to access NFT membership cards.
“The community’s name is Bored Ape Yacht Club,” said Comair. “In my opinion, there were some yachts missing.”
Yachts & platform
Jad Comair owns a 30-meter yacht called “Lady Amanda,” which is filled with water toys and sails the Mediterranean Sea.
Potential members can bid on rental windows.
Meanwhile, Comair hopes the platform will attract yacht owners from around the world to serve the dual purpose of enabling them to fill charter windows while supporting charities.
“It’s amazing how much emptiness you have in this whole industry,” he said.
“The idea is to fill this gap – you have empty boats and people who do not have access to these boats.”
Comair said it has bigger ambitions with the Bored Yachts Club.
He hopes it will put yachting on the map and potentially bring “disruptive technologies” to the industry.
“We don’t have the Tesla of yachting,” he added.
With how boats can operate in international waters beyond land-based jurisdictions, Comair sees the project as a stepping stone to a marina-linked “crypto city.”
The concept of Bored Yachts Club is to launch a real-world NFT-driven yacht club.
A YachtCoin token is also planned.
Between potential token price increases and NFT Pass fees, Comair believes there is potential to generate profits for yacht owners and brokers alongside the not-for-profit element of the project.
As the Bored Ape Yacht Club ascends the Metaverse with the game Otherside, the Bored Yachts Club wants to take a different path.
“Instead of a metaverse at the end, you have a ‘yachtverse,’ where you basically enjoy yachting instead of video games,” explained Comair.
Reference:
A Bored Ape Ethereum NFT owner is launching a real-world yacht club