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Meatbags NFT Project Aims to Acquire 1950s Cold War-Era Nuclear Bunker
In a bold move, the Meatbags NFT project has announced plans to purchase a historic nuclear bunker from the 1950s. The endeavor is part of an ambitious effort to bring together the physical and web3 worlds.
To achieve this goal, the project will be releasing an NFT collection titled “Billionaire Bunker Club,” which will feature 100,000 collectibles retailing at $14 each. The funds raised through this initiative are expected to total a staggering $1.4 million.
The 1950s nuclear bunker in question was constructed during the Cold War era and is located in Rutland, England. Should the project be successful in its endeavor, NFT holders will form a DAO (Decentralized Autonomous Organization) responsible for deciding how the bunker and surrounding 1.4 acres of land are utilized.
The Meatbags team emphasized that this unprecedented move would allow them to create a unique blend of real-world asset ownership and decentralized governance. They also hinted at various potential uses for the property, such as transforming it into a survival resort or an Airbnb with luxurious amenities like caviar tastings and canned bean room service.
In a statement, Meatbags highlighted that this endeavor represents a groundbreaking moment in web3 history: “We’re giving Doomsday Preppers around the world a chance to reserve their slice of the Billionaire Bunker Club—a Cold War artifact and the first historic site ever fractionalized into a fully decentralized, community-governed real-world asset on-chain.”
The sale of these unique NFTs is scheduled to commence on April 21st and conclude on April 24th. It remains to be seen whether this innovative concept will appeal to the current market sentiment, which has been characterized by decreased community engagement.
NFT holders will not only receive their digital collectibles but also a blockchain-based land deed, providing proof of ownership. Additionally, select NFTs may unlock perks, power-ups, or surprises in the near future.
The Meatbags project’s endeavor bears some resemblance to that of Constitution DAO, which attempted to purchase a rare copy of the U.S. Constitution. However, unlike this earlier effort, the outcome remains uncertain at present.
Will the crypto community come together to support this groundbreaking initiative? Only time will tell.
Source: https://fullycrypto.com/meatbags-nft-project-plans-purchase-of-1950s-nuclear-bunker?utm_source=rss&utm_medium=rss&utm_campaign=meatbags-nft-project-plans-purchase-of-1950s-nuclear-bunker
