A doomsday-themed Solana NFT venture is trying to promote 100,000 non-fungible tokens (NFTs) to purchase a Chilly Warfare-era nuclear bunker in Rutland, England.
Useless Bruv, the creators of the narrative-driven NFT venture Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The the remainder shall be bought off beginning April 21, beginning at $14 a pop, according to a submit on the Meatbags X account.
Holders will acquire entry right into a decentralized autonomous organization (DAO), referred to as the Billionaire Bunker Membership, a “totally decentralized, community-governed real-world asset onchain,” which is able to vote on what occurs with the bunker if the hassle to purchase it’s profitable.
Just a few concepts floated by the NFT project embrace a “members-only survival resort with Doomsday DJ,” a location to carry end-of-the-world festivals, or “an Airbnb with caviar tastings and canned bean room service.”
UK on-line auctioneer SDL Property Auctions has the bunker Useless Bruv is hoping to purchase listed for a information value of 650,000 British kilos ($862,257), and an public sale date scheduled for April 24.
The actual property itemizing says the bunker is situated on 1.4 acres close to a former reservoir and already has the related permissions for the successful bidder to transform it right into a home.
The bunker was inbuilt 1960 to behave as a monitoring submit through the Chilly Warfare and was decommissioned in 1968. It was one in all 1,500 tasked with reporting any nuclear bursts and monitoring any radioactive fallout, according to SDL Property Auctions.
Cointelegraph contacted SDL Property Auctions for remark.
Nuclear bunker purchase started as a joke
Robert, the pseudonymous co-founder of Useless Bruv, said in an April 18 assertion to X that the initiative was about making an attempt to “make NFTs enjoyable once more” and was sparked by a joke that was a “lightbulb second.”
“There’s not a lot to check this to, however these are the sorts of issues that made me fall in love with NFTs within the first place. Taking dangers. Getting inventive. Pushing the boundaries of what this tech can do to create one thing fully new, absurd, and unbelievable,” he mentioned.
“When one thing comes from a spot of, that is fully insane, we gotta do it, that’s after I know we’re onto one thing,” Robert added.
This isn’t the primary time a DOA has turned to crowdfunding to purchase an costly merchandise. ConstitutionDAO managed to boost about $47 million in Ether (ETH) in 2021 to buy an original copy of the United States Constitution, which was going below the hammer at auctioneer Sotheby’s.
Associated: NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend
In the end, they have been unsuccessful. The successful bid was $43.2 million, and the DAO was restricted to a bid of $43 million by Sotheby’s to consider taxes and the prices required to guard, insure and transfer the Structure.
In the meantime, LinksDAO secured the successful bid to buy Scotland-based Spey Bay Golf Membership in Might 2023. The DAO claims it added the US-based Hillcrest Nation Membership to its holdings in February.
Journal: Altcoin season to hit in Q2? Mantra’s plan to win trust: Hodler’s Digest, April 13 – 19
