Are you ready to buy a yacht with cryptocurrency?

If you have in your cryptocurrency portfolio "filled" a couple of tens or even hundreds of millions of dollars - it's time to spend them on a yacht! Is it possible today to buy a floating "lambo" analogue worthy of crypto-enthusiastiast?

The traditional way of selling yachts sometimes takes up to several months or even more, requiring from the future owner not only time, but also a bunch of killed nerve cells. But some companies are already trying to change this situation by connecting blockchain to the deals on the purchase and sale.

In the yachting industry there are excellent examples of how some floating beauties have already found themselves in the hands of their future owners much faster than if the deal took place with the participation of fiat. At the end of 2020, Denison Yachting provided the opportunity to pay a portion of the amount with Bitcoins for the sale of the 16-meter Lagoon catamaran in Fort Lauderdale. This happened because of a request from several customers.

The American company Sovereign Yacht Sales intends to consolidate the success of its predecessors by putting the yacht Majesty 140 for 25 million dollars in the equivalent of cryptocurrencies for sale. This three-deck yacht won the NBC award and became one of the highlights at the Fort Lauderdale Boat Show in 2012. The sale is to be carried out through the Idoneus luxury asset management platform.

In selling real estate, yachts and other high-end items, Idoneus is assisted by a blockchain expert, Dr. Neil Pennington, who has held senior positions at RWE, IBM and PwC.

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