After the collapse of specific centralized banks, the distrust in centralized institutions is increasing, more people than before are eyeing blockchain-based alternatives.
Decentraland (MANA) and Aave (AAVE) investors have begun looking at presale-stage projects, as they have historically provided them with the highest returns. One of the most significant projects which gained a lot of attention is Yachtify, and today, we will go over it to see how it stands out.
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Yachtify (YCHT) Changes The Way Investors View Yachts And Boats
The Yachtify platform is being developed to enable fractional private yacht ownership for any investor. The goal of the platform is to enable anyone the opportunity to get into the industry and create a new stream of income.
On top of Yachtify, a non-fungible token (NFT) gets minted. Then, the NFT in question gets fractionalized, and investors can utilize the YCHT cryptocurrency in order to purchase a fraction of the NFT. They can, for example, buy 40% of the NFT.
Private yachts are typically the underlying asset for the NFT….