Designed by Lazzarini Design Studio an Italian firm known for its unusual concepts and designs, his latest design the Pangeos is a gigantic movable turtle-shaped floating city. The Pangeos is named after the Pangea supercontinent, which existed millions of years ago.
This megayacht with a massive length of 550 meters and width of 610 meters can accommodate up to 60,000 people, complete with hotels, shopping centers, parks, ports for ships and aircraft, luxury villas, clubs, and all other amenities needed for a self-sufficient oceanic community.
The vessel would have nine electric HTS motors, generating 16,800 horsepower in total, enabling the yacht to cruise at 5 knots (approximately 5.75 mph). and would be powered by solar panels and a wave energy generator system.
The Pangeos is equipped with a variety of renewable energy sources that allow it to sail around the world without emitting any pollutants.
The solar panels covering the exterior will generate additional power from the sun, and its steel shell contains 30,000 separate buoyancy cells, making it unsinkable according to the designers. The wings will also harness more power from the waves and wind.
The designer plans to construct the world’s first floating city in Saudi Arabia with an estimated cost of $8 billion. The completion date for this ambitious project is projected to be 2033.
According to the designer, a massive shipyard would be needed for this Terayacht. Saudi Arabia has been suggested as a potential location for the shipyard, as the country has experience with reclaiming land from the sea.
With an estimated budget of around $8 billion, a crowdfunding campaign is set to launch soon. Lazzarini plans to raise funds by selling virtual properties in the Metaverse as NFTs, which can be purchased with cryptocurrency. These virtual properties will serve as a deposit for a physical property if the Pangeos project becomes a reality.