Pangeos, a premium superyacht from Saudi Arabia, is the most recent luxury yacht to enter the market. But wait until you hear the price — it’s reportedly worth $8 billion. The super-yacht is named after Pangea, the supercontinent that existed millions of centuries ago during the late Paleozoic and early Mesozoic eras. 

That’s the latest concept from Lazzarini, the Italian design firm, which showcased its layout for Pangeos, a floating city that could become the world’s largest boat. Pangeos will be approximately 1,800 feet long and 2,000 feet wide. 

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Resorts, shopping centres, parks, and even ports for smaller ships and aircraft will be included in the ‘floating city.’ The entrance will lead to a villa, residential homes, tower blocks, and rooftop terraces. On the ship’s upper shell, a zone will be created for various flying vehicles, according to Interesting Engineering.com. 

The ship’s lower level will house 30,000 cells or cluster compartments. According to the website, it is made primarily of steel and is intended to be unsinkable. Pangeos’ wings will be intended to extract energy from the sea’s waves, allowing it to cruise indefinitely without emitting greenhouse gases. The rooftop area will also be outfitted with solar panels, providing additional clean electricity to charge the terayacht.

The city with a capacity of 60,000 people will be built following an NFT-related crowdfunding period, according to Stuff.co.NZ. A virtual property as an NFT with cryptocurrency is available, which will serve as a deposit for a physical property if Pangeos is successful.

“Pushed from a jet drive transmission, the tera-structure will be able to cruise at a speed of five knots. While sailing, the large wings will gain energy from the breaking of the waves and Pangeos will cruise perpetually without emissions around the planet Earth’s seas. Further, the rooftop area is lined with solar panels, which provide part of the necessary clean energy to power the terayacht,” the designers told Firstpost.