Crypto is making inroads into the world of high-end yachting
- Richard Iamunno
- Jan 13, 2023
- 3 min read
If you are familiar with the latest developments in crypto, then you might be interested to know that it is slowly making its way into the exclusive yachting world. For example, Denison Yachting has begun accepting five different forms of bitcoin for both sales and charters. Additionally, Ocean Independence has taken the plunge and decided to market their 40-meter explorer in cryptocurrency.
Denison Yachting, a Fort Lauderdale, Florida-based company, has been one of the first to accept bitcoin for charters and yacht sales. This is a significant move for the brokerage firm.
Cryptocurrency is becoming more popular in the luxury industry, especially with brokers. It allows 24/7 payments and eliminates the limitations of banks. Many brokerage houses are working on implementing crypto transactions.
Denison Yachting is a multi-currency broker and accepts a number of cryptocurrencies, including Bitcoin, Ether, Dogecoin, British pounds, and euros. The company has a merchant account with BitPay, which is the largest cryptocurrency payment provider in the world.
BitPay supports over 90 different wallets, allowing customers to use a digital wallet to pay. The company processes more than $1 million a day and works with more than 50,000 businesses.
Denison Yachting offers a large inventory of yachts for sale. They also provide yacht charter services worldwide. Customers can rent a boat by paying either a deposit or a lump sum.
The decision to market a 40-meter-long yacht in cryptocurrency has been a long time coming. Seeing that the aforementioned float was a bit of a risk, VISTRA and Salamantex GmbH took a cue from the eponymous letter E and started experimenting with crypto. The results have been a lot of fun and a whole lot of learning. For example, there have been 18 cryptographic transactions on a total of a little over 24 meters. And just as we predicted, this is the type of business that will be around for a very, very, very long time indeed. With that said, the most important question is: how do we go about it? What are the best strategies to employ to ensure a successful and fun crypto yacht experience? We will be covering this topic in depth in the near future, so keep an eye out for more information. As for now, we have a few tidbits to pass along.
DogeCoin has become one of the most popular cryptocurrencies in the world. The currency is a decentralized digital asset with low transaction fees and a unique payment method. Despite its popularity, the coin has yet to gain mainstream recognition. However, there are several reasons why this could change.
One of these reasons is its consumer-friendly payment method. Furthermore, DogeCoin can be used to make purchases in any country.This allows people to send money around the globe without having to worry about a financial institution's involvement.
Several e-commerce sites are taking advantage of the crypto payment method, including Grubhub, Uber Eats, and DoorDash. These services accept the currency as payment and display a QR code containing a DogeCoin wallet address.
Another reason why DogeCoin may be on the rise is its ability to serve as an investment vehicle. Although the currency is a bit of a mystery, investors can use P2P platforms to find users who are interested in buying or selling DOGE.
Crypto projects are looking to clean up the oceans and reduce plastic pollution. One company has even created an incentive program that rewards individuals for reducing their plastic waste.
SafeEarth is a crypto-eco project that utilizes the blockchain to help promote charitable giving and a sustainable ecosystem. They have already donated over $100,000 to a community-selected charity called The Ocean Cleanup. It's also gearing up for another large donation. Hopefully, this will continue to make a difference in the world.
Plastic Bank is a non-profit organization that pays people for recycling plastic. It works in developing countries to create a system that allows them to earn money and recycle plastic. By combining a blockchain-based platform with the waste economy practices of local collectors, the team hopes to expand their operations to more countries.
The Plastic Removal Credits (PRCs) are digital tokens that can be used to pay for the cleaning of the ocean. Diatom DAO has created a tokenized framework for PRCs that can be backed by verified proof that ocean plastic has been removed.
Comments