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Frequently asked questions

Below you can find many question and answer about the NFT-ownership, Scorpion Yacht Club and Scorpion Yachts. If you still have any questions, please contact us via the button below!

  • What is SYC?
    Scorpion Yachts started the first Web3 community in the world as a yacht builder by launching their exclusive Scorpion Yacht Club. Our mission is to create a worldwide platform with inspiring content, special rates for yacht charters, and having fun by organizing local events.
  • What is the mission of SYC?
    Our mission is to create a platform with inspiring content and have fun by organizing local activities.
  • What are the SYC utilities?
    SYC has real-life utilities like access to worldwide events, organizing local activities like yacht and car events, and offering discounts on our Scorpion Yachts. But also virtual utilities like networking events with like-minded people in our community.
  • What will SYC do with its generated NFT revenues?
    We currently own an $8 million charter fleet operation and want to expand our services. The revenues from our NFT will be reinvested in expanding our charter fleet to other locations to create even more value for our members.
  • What is an hybrid Web3 community?
    It's a community where Web3 and the traditional world meet. In our case, we will sell standard annual memberships, which is the traditional form of membership. However, we will also launch an NFT membership, which is the Web3 form of a membership. In this way, our club will be accessible to everyone.
  • What is an NFT and tokenized membership?
    An NFT can be for art collectors. Our SYC annual- and NFT membership both offer the same utilities like joining offline /online events and special member activities. A tokenized membership uses the technology of a smart contract for your membership. With a Non-Fungible Token or NFT, you own the IP rights of your token in your wallet which is generated within a smart contract on the blockchain and is easy to sell on the secondary market.
  • What is the secondary market?
    Open Sea is, for example, a secondary market where you can buy or sell an NFT.
  • What is Web3?
    When the internet started, it was Web1, only read, and when Social Media started it became Web2, read and write, and when Web3 started it became, read, write and Own. In Web3 you own your data and IP within an NFT, for art and tokenized membership in your wallet which has many advantages.
  • Why annual membership and NFT?
    Our annual membership is a yearly fixed rate, whereas NFTs have an unlimited period and can be volatile depending on the value of the community and crypto markets. Annual memberships can be more expensive in the long term compared to NFT purchases, where you pay once for unlimited years of membership with the option of selling your membership on the secondary market. By offering annual memberships first and after an NFT, you prevent pump and dump buyers which is not good for our community in the long term.
  • Is there a difference between annual and NFT membership?
    No, they both have the same utilities except with an NFT you can do a resale which you can’t do with an annual membership.
  • How long is my NFT membership valid for?
    As long as you are a NFT holder, your membership stays valid.
  • Is there a whitelist?
    Yes, but as an SYC member, you get a guaranteed whitelist spot for the NFT.
  • When will the NFT launch be?
    In 2017 we started Scorpion Yachts and in 2021 the Scorpion Yacht Club, launching an NFT in 2023 as a limited-edition. After the NFT launch, you still can buy the NFT membership on the secondary market or acquire an annual membership to experience our community first.
  • What will be the mint price?
    The price will be revealed closer to the launch.
  • Is there a fee if I sell my NFT?
    There’s a fee of 10% paid by the seller in case of a resale.
  • What is Scorpion Yachts?
    Scorpion Yachts is a yacht builder based in The Netherlands. Our mission is to become the first-ever Yacht builder in the Web3 space.
  • How many yacht charter locations are there?
    Currently, we own several yachts in Ibiza, St. Tropez, Amsterdam, Miami, New York, and soon Dubai.


Become a fractionalized yacht NFT owner!

Earn 7% annual interest by investing in the world's first fractionalized yacht NFTs! The NFT can be traded on the secondary market at any time. You will be granted early access to the Scorpion Yacht Club and will receive a discount on our current and future memberships.

This is the new, safer, and more affordable way to invest in a yacht!

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