Article Read

NFT project plans crowdfund purchase of Cold War nuclear bunker
Article At A Glance
    logo for latest news

    Article Read

    NFT project plans crowdfund purchase of Cold War nuclear bunker

    NFT project to acquire Cold War era nuclear bunker “the weirdest crowdfunded property purchase on the internet ever”

    NFT project plans crowdfund purchase of Cold War nuclear bunker

    Creators of Meatbags– a Solana-based NFT project are planning to purchase a Cold War-era nuclear bunker in Rutland, England, through crowdfunding. Dead Bruv, the creators of the doomsday-themed NFTs, have proposed to mint 100,000 tokens, with 10,000 of these being airdropped to Meatbags holders. According to an X post, “the weirdest crowdfunded property purchase on the internet ever,” will begin to sell its NFTs beginning April 24, 2025, at a rate of $14 a pop.

    Holders of these NFTs will become a part of the decentralized autonomous organization (DAO), called the Billionaire Bunker Club, a “fully decentralized, community-governed real-world asset onchain,” where members will vote on what happens with the bunker if the endeavor to acquire the property is successful. 

    The Cold War era facility was built in 1960, covering an area of 1.4 acres, and it has planning permission for the facility to be converted into residential. Currently, UK online auctioneer SDL Property Auctions has listed the property with a price of 650,000 British pounds ($862,257), and an auction date scheduled for April 24. 

    Among the proposals for the usage of this facility, some suggested a “members-only survival resort with Doomsday DJ,” a location that will hold end-of-the-world festivals, while some others proposed “an Airbnb with caviar tastings and canned bean room service.” 

    A joke turned into a lightbulb moment

    Revealing the initiation of this acquisition, Robert, the pseudonymous cofounder of  Dead Bruv, wrote on X, “What started as a joke in the Surviville Discord quickly turned into a lightbulb moment.”

    Furthermore, “There’s not much to compare this to, but these are the kinds of things that made me fall in love with NFTs in the first place. Taking risks. Getting creative. Pushing the boundaries of what this tech can do to create something completely new, absurd, and incredible,” he said. 

    Disclaimer:

    This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

    Related Stories