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Author Topic: crypto cruise ship  (Read 569 times)
MoparMiningLLC (OP)
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October 12, 2020, 03:53:01 PM
Merited by Csmiami (1), Steamtyme (1)
 #1

How much do you think the "Condos" will end up costing?
The article says 25k to 50k but I am betting the price goes up. I would almost be tempted to buy one and use it for vacations Smiley

But I want to see it finished, I would not pre-buy into this.

https://news.bitcoin.com/crypto-cruise-ship-satoshi/


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October 12, 2020, 04:08:28 PM
 #2

I wish Elwar success with this project but:

  • What's the monthly fee?
  • "Condo" is a huge overstatement for those cabins - anyone who's been on a cruise ship knows.
  • The cabin isn't why people go on cruises so it really depends on what else will be offered on board.

I agree that pricing doesn't look right unless the "homeowner's association fee" is like two grand a month.
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October 12, 2020, 04:22:32 PM
 #3

I wish Elwar success with this project but:

  • What's the monthly fee?
  • "Condo" is a huge overstatement for those cabins - anyone who's been on a cruise ship knows.
  • The cabin isn't why people go on cruises so it really depends on what else will be offered on board.

I agree that pricing doesn't look right unless the "homeowner's association fee" is like two grand a month.

agreed on all points! We always get a balcony room but that is so we can have the breeze and hear the waves at night - we are never in the room during the day.

And based on cruise ship room sizes, I do not see this as something someone would want to live in on a permanent basis. Would need like 3 adjacent rooms and then complete remodel of the space of these 3 rooms to be a solid small "condo".

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October 12, 2020, 09:02:11 PM
 #4

It's a cool concept, even having the potential to create a fleet if it were to catch on. That is before this damn pesky global pandemic hit. I'm of course just assuming that when the ship is docked individuals would be allowed to come and go as they please. Not to mention the fact that they state some cabins will operate as vacation rentals. A year ago, I wouldn't have a bad thing to say about the idea, as long as the population was set at a fraction of what cruiselines normally carry and you can still feel like you can find a space to yourself, outside your cabin it'll probably be a hit. For those that can afford it, as most people probably can't pack up and take residence while still maintaining a job.

No one can predict the future, but present actions tell me there is a decent chance this isn't the last time I'll see an event like this in my lifetime.


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October 12, 2020, 09:19:20 PM
Merited by Steamtyme (1)
 #5

as long as the population was set at a fraction of what cruiselines normally carry

The ship was last renovated in 2017 AFAIK and they're claiming it will be in operation in January after acquiring it in November and it still needs to sail to Panama... what I'm saying is that it probably won't be reconfigured from its 700+ cabin capacity. Again, more details would be nice and I think Elwar was posting about it in WO so perhaps someone could dig it up... or ask him to comment here.
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October 12, 2020, 09:31:25 PM
 #6

The ship was last renovated in 2017 AFAIK and they're claiming it will be in operation in January after acquiring it in November and it still needs to sail to Panama... what I'm saying is that it probably won't be reconfigured from its 700+ cabin capacity. Again, more details would be nice and I think Elwar was posting about it in WO so perhaps someone could dig it up... or ask him to comment here.
Good point, I found 2 of his posts that were more descriptive. Sounds like my work issue could almost be solved as they discuss a "Factory Barge" for his company's other projects. More surprising to me is he is mentioning possibly only a few hundred dollars/month I'm assuming condo fees.

You have it right about capacity, sounds as though it will be 700+ units.


Yep, that is a render of the actual ship we purchased (which we are not allowed to name) refitted with our logos.

245 meters long, 777 cabins.

Cabins starting at $25,000. The auction for the rooms starts November 5th.

https://ocean.builders/cruiseship

We'll be accepting bitcoin at all businesses on the ship.

The problem with buying a cruise ship has usually been about the cost. COVID allowed us to get a good deal but that won't last forever.

Our plan is to have it anchored about 30 minutes from Panama City further conserving costs by not burning much fuel.
Near the ship we will put a barge or cargo ship to act as a floating factory to build other floating structures such as Ocean Builders SeaPods and floating islands.
It makes sense to try such floating living close to shore first without jumping straight to 200nm out. Living on the water gives some small freedoms we don't have on shore but also comes with other maritime laws we don't have on land. We will need to build communities to benefit from the new system in ways we do not now know.

Quote
Cruise ship living sounds expensive as shit... but what do I know...

If you were to have the level of hospitality that cruises offer on land it would be expensive as well. We will have to prepare people for the reality that this isn't a vacation, this is your home where you work and pay for your own meals and entertainment. You would get bored of the cruise life after a few weeks. But if you're busy working then it's not much different from living in the dorms at school. Small rooms but most of the time you're out on campus or if you're in your room you're studying your ass off.



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MoparMiningLLC (OP)
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October 12, 2020, 09:57:32 PM
 #7

I would like to see them consolidate multiple rooms (if someone was to buy multiple perhaps this could be an option) then the ship would be less crowded. Also, the cost might be down because not everything would be free like a typical cruise ship - you wont eat free all day long for zero cost - yes, they can have the food available but instead you now have to pay for it. They might not do all the room cleaning for free, you might have to do it yourself or pay them.

I see it less and less like a cruise ship and a instead like a small floating city idea.

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October 13, 2020, 03:41:31 AM
Merited by suchmoon (19), stompix (1), MoparMiningLLC (1), Csmiami (1), Steamtyme (1)
 #8

I would like to see them consolidate multiple rooms (if someone was to buy multiple perhaps this could be an option) then the ship would be less crowded. Also, the cost might be down because not everything would be free like a typical cruise ship - you wont eat free all day long for zero cost - yes, they can have the food available but instead you now have to pay for it. They might not do all the room cleaning for free, you might have to do it yourself or pay them.

I see it less and less like a cruise ship and a instead like a small floating city idea.

Hey guys, yes it will not be so much like your typical cruise. We're even trying to come up with another term than "cruise ship" since it will be stationary. You will need to pay for the things you utilize on the ship (electric, water, food, entertainment, etc.). I agree, it is more like a very small town.

Many people think they would get bored quickly but you have to remember that when you are on a cruise, you're not working and you're scrambling to do every little thing during your one week that you can hardly take a break leaving you needing a vacation after your vacation when you get home.

But if you're working every day, busy, etc. things will become a lot less boring. As most people were stuck in their apartments for the past 6 months, if they were able to go out and go to a restaurant that would be a step up from the isolation.

I like to think of each cabin as your bedroom as suchmoon mentioned. The rest of the ship is your living space.

It will likely not be for everyone. That's why we're targeting young folks, perhaps fresh out of college or around there. When I lived in my first apartment it was just big enough for my bed. But I lived next to campus where I spent my day. It is certainly not a 3000 sqft McMansion so we're not targeting people that need that to be happy.

My goal is to keep the prices down. We want this ship filled quickly so we can buy our next one while the prices are low.

We are likely selling way below what they can go for but we're more enthusiastic about making this work than making big bucks. Every one of the investors could lose the money they put into this and not be too affected. We are in this for the bigger picture.

As for the idea of joining 2 or 3 rooms. We're working with the insurance company and will consult with the engineers but I am all for customers buying 2-3 adjoining rooms and opening some walkways. Our main engineer said it mainly depends upon if there is a bulkhead between the rooms, and we need to look into it more but at the very least, a door between rooms should be possible for most cabins. There are already several with that feature.

For monthly maintenance fee. That is something I am working with our ship management company, Columbia Cruise Services, to determine the monthly cost to maintain it. They have given me an estimate which is quite high but it is based upon a normal cruise. We are running the numbers and I believe we can get the number down to a reasonable amount so people can live there without needing to be super rich.

Part of that monthly maintenance will be covered by the rent we charge for the commercial areas. Bars, restaurants, shops, etc. Again, I want to keep prices down because I want people to live there so if you have to pay $50 for every meal it's not viable. To make up for no kitchens in the rooms we're giving all residents 20% off at the restaurants. This passes some of that cost on to tourists.

We'll have each restaurant have buffet options if people want to pay for a meal plan. My wife plans on opening a small Thai restaurant in the food court which will have a few items that would be on the buffet plan which she would be compensated for with her share of the meal plan payments. She would choose some more common foods as "all you can eat" while keeping some specialty/expensive items as optional pay-as-you-go items.

The ship is currently in the Mediterranean. Our engineer just left here (Panama) on Friday and will finally be able to board the ship in 2 days after a lot of travel and quarantines. He will stay on until we finish the purchase November 4th, then work with the new crew to sail it here to Panama where it will be anchored.

I hope Bitcoin enthusiasts come live on the ship and test out new tech in a micro economy where we can try new things to see how well it works in every day life.

Register online, auction begins November 5th.
https://ocean.builders/cruiseship

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 13, 2020, 03:57:17 AM
 #9

If it was plausible with being away from most of my family in the states, I would so want to do this lol

might be worth it to buy one for vacations though.

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October 14, 2020, 01:00:25 PM
 #10

I saw someone was already updating the wiki page.  https://en.wikipedia.org/wiki/Satoshi_(ship)
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October 14, 2020, 02:31:39 PM
 #11

I find this project incredibly interesting and am looking forward to the details and auction.

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October 14, 2020, 06:07:28 PM
 #12

Register online, auction begins November 5th.
https://ocean.builders/cruiseship
Hello. I was just checking https://ocean.builders/shares/, where Minimum share amount is $10,000 payable in BTC. I'd like to know how much dividend per share worth $10,000 is expected to generate per year? Any rough estimate available? Also, will purchasing share require KYC if paid in BTC?

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October 15, 2020, 12:18:50 AM
 #13

Register online, auction begins November 5th.
https://ocean.builders/cruiseship
Hello. I was just checking https://ocean.builders/shares/, where Minimum share amount is $10,000 payable in BTC. I'd like to know how much dividend per share worth $10,000 is expected to generate per year? Any rough estimate available? Also, will purchasing share require KYC if paid in BTC?

The shares are not a speculative or investment instrument.

They are shares of a SeaPod. If 30 people buy a share worth $10,000 they can buy a $300,000 SeaPod and split ownership.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 15, 2020, 01:09:49 AM
 #14

I like those pods, wish I could put one of the land ones on my 3 acres. but way out of my price range. But I still like them a lot.

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October 15, 2020, 06:00:32 PM
 #15

Nice work if you can get it!

Sadly way out of my price bracket. In another lifetime, perhaps.

P.S. Do you need an entertainment manager?

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October 16, 2020, 03:32:35 PM
 #16

The cabin isn't why people go on cruises so it really depends on what else will be offered on board.

I remember a scene from a documentary that the biggest challenge in cruises is not maintenance or catering but keeping people entertained so they don't get bored but this ain't really a cruise ship more like a novelty hotel, and people who would go on that kind of vacation probably don't do more than sleep, drink and enjoy the sun and the sea, and sometimes do some remote work.

Still, there is one thing I'm curious about, knowing what happened last year in Thailand, why Panama?
I understand that the weather and sea conditions are good there, but are you sure you won't piss off another moronic government that has nothing better to do?
Good luck with the project!

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October 17, 2020, 09:23:04 AM
 #17

I love the idea, and everything seems reasonable. Given the limited information I know I see this filling up with somewhat wealthy individuals to start. I say this because the first thing someone like me needs to look for is work. Sure I could come up with 25K, plus a bit to survive a few months by selling my home and cutting ties with a mortgage and whatnot. After a few months without employment in my field, I'd be begging for meals.

Others it would work for are possibly the online gig economy assuming it's feasible to get consistent high speed internet access. Someone like my wife teaches online ESL from home, and could carry on the work, or in-person style tutoring if the market was there. Obviously there will be some "maintenance" staff, but I don't imagine there are a lot of positions. This is more the end of things that I'm curious about, as I read your company is considering opening a plant near the vessel, which could also open up a small amount I imagine.

This project essentially needs to mimic a small working class town to be viable, and towns go down pretty fast if there isn't regional employment.


Apart from that being a ship, how fast could it pull anchor and move. Less concerned with the Panama government all of a sudden caring what the wealthy are up to, and more so thinking tropical storms. Have you developed ERP's to leave the region should there be signs of a destructive storm headed your way?


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October 17, 2020, 02:57:05 PM
Merited by stompix (1)
 #18

I love the idea, and everything seems reasonable. Given the limited information I know I see this filling up with somewhat wealthy individuals to start. I say this because the first thing someone like me needs to look for is work. Sure I could come up with 25K, plus a bit to survive a few months by selling my home and cutting ties with a mortgage and whatnot. After a few months without employment in my field, I'd be begging for meals.

Others it would work for are possibly the online gig economy assuming it's feasible to get consistent high speed internet access. Someone like my wife teaches online ESL from home, and could carry on the work, or in-person style tutoring if the market was there. Obviously there will be some "maintenance" staff, but I don't imagine there are a lot of positions. This is more the end of things that I'm curious about, as I read your company is considering opening a plant near the vessel, which could also open up a small amount I imagine.

This project essentially needs to mimic a small working class town to be viable, and towns go down pretty fast if there isn't regional employment.


Apart from that being a ship, how fast could it pull anchor and move. Less concerned with the Panama government all of a sudden caring what the wealthy are up to, and more so thinking tropical storms. Have you developed ERP's to leave the region should there be signs of a destructive storm headed your way?

Great points and part of the whole point of the ship was so that we have a place to house all of the employees for the manufacturing of future floating platforms. This is just the springboard for something bigger.

I know the big question on everyone's mind is "what is the monthly fee". I have a good estimate which should be reasonable but I'm not throwing out numbers that may make people upset if I have to change them once we get more solid numbers. I am in talks with the ship management company on estimates on their end. Remember, we are going to be renting the commercial space. If I could pay all of the maintenance fees through those payments I would but it appears that there is some overflow that needs to be covered by room fees (there is a trade off between having businesses that are so expensive that you can't afford to eat vs raising the monthly fee).

We chose Panama, especially the Gulf of Panama, due to its geographic location outside of the hurricane and tropical storm zone.



Though we are currently headquartered on the Caribbean side of Panama, we had to move to the Pacific side due to the path of storms.

As for emergencies, we will ensure that we are at all times able to lift anchor or release the mooring and move the ship.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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November 08, 2020, 01:50:12 AM
Merited by MoparMiningLLC (1)
 #19

It's happening!

May I present...the MS Satoshi.



As for monthly fees, we have those listed here: https://vivavivas.com/faq

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November 08, 2020, 02:37:52 AM
 #20

I would love to do it but my wife will not lol she doesnt want to leave FL where so many of our children and grandchildren live

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