Ocean Builders, a company that builds "seapods" or floating homes for seasteaders, has unveiled "The Crypto Cruise Ship" called Satoshi. It is being prepared to set sail from the Mediterranean and will anchor in the Gulf of Panama.

The Crypto Cruise Ship Satoshi is 811 feet long with 12 decks and 777 cabins to be auctioned off as condos. It will have three restaurants, a juice bar, two cafes, three bars, two pools, four whirlpools, a water park, and more, Ocean Builders' website details. Bitcoin will be accepted throughout the ship for all goods and services, alongside U.S. dollars and other forms of payment.

According to the Maritime Executive publication, the Crypto Cruise Ship Satoshi was formerly a cruise ship called the "Pacific Dawn" by P&O Cruises Australia. Built in 1991, it has been operating with Princess Cruises and P&O Australia. P&O's parent company, Carnival Corporation, recently sold the ship as its business was affected by the coronavirus pandemic.

American bitcoin entrepreneur Chad Elwartowski, COO of Ocean Builders, says that his company is scheduled to take delivery of the cruise ship on Nov. 4 in the Mediterranean. The ship will subsequently be renamed to Satoshi, after Satoshi Nakamoto, the pseudonymous creator of Bitcoin.