The British NFT team Dead Bruv, creators of the Meatbags project, has decided to merge blockchain with real estate: community members plan to purchase an underground nuclear bunker from the Cold War era in Rutland. To fund the purchase, they’ve scheduled a sale of 100,000 NFTs. The auction for the property is set for April 24.
NFT Sale and Access to DAO
According to the team’s statement on X, the 100,000 new Meatbags tokens will go on sale on April 21, priced at $14 each. Current holders of the existing NFT collection will receive 10,000 new tokens for free as part of an airdrop. All holders will gain the right to join a decentralized autonomous organization called the Billionaire Bunker Club, which will manage the acquired property.
The collective’s goal is to acquire the bunker, priced at approximately $862,257 (£650,000), which has been listed for auction by British agency SDL Property Auctions.
DAO members will be able to vote on the future use of the property. Proposed ideas include a survivalist resort with “apocalyptic DJs,” a venue for end-of-the-world-themed festivals, or an Airbnb-style rental house featuring caviar and canned beans.
The bunker was built in 1960 to monitor nuclear explosions and radiation levels and was decommissioned in 1968. The site occupies 1.4 acres near a former reservoir and has planning permission for conversion into a residential property.