The world's first luxury 'crypto' cruise ship will be converted into junk, left for Gujarat |  The world's first 'crypto' ship to be turned into junk in Gujarat, stood in Gibraltar for a year


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  • The World’s First Luxury ‘crypto’ Cruise Ship Will Be Converted Into Junk, Left For Gujarat

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Bhavnagar15 days ago

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The owners of the ship wanted to rent the 777 luxurious cabins built in it, but the scheme got hit due to people’s insurance money. (File photo)

The shadow of Corona is deepening on the world economy. The biggest hit has been on the tourism industry. Many luxury cruises known for the Shano-Shaukat are turning into junk. Recently many cruises have reached Alang Shipyard in Gujarat. Now the name of the world’s first ‘crypto’ currency cruise has been added. This cruise has left for Gujarat to convert into junk.

The crypto cruise will be auctioned after reaching Gujarat by the end of January.

The crypto cruise will be auctioned after reaching Gujarat by the end of January.

The name of this Australian cruise was previously Pacific Dawn, which is the world’s first ‘crypto’ currency cruise. It was later renamed MS Satoshi by its new owner. However, due to Corona, the cruise stood anchored in Gibraltar for almost a year. Due to heavy maintenance and insurance expenses, the company is now going to sell it to junk. It is expected to reach Gujarat by the end of January. Many Gujarat companies are competing to buy it. It will be auctioned after coming to India.

This was the first cruise in which the entire transaction was done through crypto currency.

This was the first cruise in which the entire transaction was done through crypto currency.

The ship’s owners wanted to make it a floating city
The cruise has a capacity of about 2000 passengers. Its owner Chad Elwarktowski had plans to make it a floating city. Chad wanted to rent the 777 luxurious cabins built in it, but the plan fell into disarray due to people’s insurance money. Eventually it had to be decided to sell.

What does ‘crypto’ cruise ship mean?
In fact, the entire transaction cost of this cruise was through crypto currency. It was the first cruise in the world to be transacted with a crypto currency. Due to the crypto currency, all the expenses of the travelers were secret. Due to this, it was the first choice of rich people.



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Mohit Yadav

By Mohit Yadav

Mr. Mohit Yadav holds a degree of M.A. in Mass Communication with specialization in journalism. He has a work experience of 6 years and has worked overseas also. He is chief journalist and covers National news. You can contact him here Email:- mohit@latestindianewstoday.com