The Bored Ape Yacht Club offers plenty of disinterested-looking Apes—10,000 of them, to be exact, in NFT form—but a suspicious lack of boating opportunities. Now, one Bored Ape NFT holder (and yacht owner) plans to change that with the launch of a decentralized yachting club.

The Bored Yachts Club hopes to create a decentralized, NFT-gated yachting platform that lets members rent real vessels all over the world, with proceeds going to charity. The initiative will begin with “Lady Amanda,” the single yacht of club creator Jad Comair, but the goal is to bring in more yacht owners over time while letting them direct funds to causes of their choice.

Comair is the founder and CEO of Melanion Capital, a French investment firm that launched a Bitcoin-themed ETF focused on crypto industry companies in 2021. He told Decrypt that he personally began investing in the leading cryptocurrency much earlier, in 2014.

“Thanks to Bitcoin, I was able to buy my first yacht,” he said.

An NFT is a blockchain token used to represent ownership in an item, and digital goods like Bored Ape-style profile pictures, digital artwork, and collectibles have proliferated over the last couple of years. The market yielded $25 billion in trading volume in…