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TLDR
Solana NFT undertaking “Meatbags” plans to promote 100,000 NFTs at $14 every to purchase a Chilly Struggle nuclear bunker in Rutland, England
NFT holders will be a part of “Billionaire Bunker Membership” DAO to vote on bunker’s future use
The bunker public sale is scheduled for April 24 with a information worth of £650,000 ($862,257)
Challenge began as a joke however goals to “make NFTs enjoyable once more” based on co-founder Robert
Just like ConstitutionDAO’s previous try to purchase a US Structure copy, although that effort finally failed
A Solana-based NFT undertaking referred to as “Meatbags” has unveiled plans to buy a Chilly Struggle-era nuclear bunker via the sale of 100,000 digital collectibles. The marketing campaign, dubbed “#buythebunker,” goals to boost roughly $1.4 million to accumulate and refurbish a Sixties underground facility in Rutland, England.
Useless Bruv, the workforce behind the doomsday-themed Meatbags NFT assortment, is providing these digital “land deeds” for $14 every. The sale begins April 21 at 8 AM EST and continues till simply hours earlier than the property’s public sale on April 24.
Current Meatbags holders will obtain 10,000 of those NFTs via a 1:1 airdrop, whereas the remaining 90,000 will likely be obtainable to the general public. Consumers can use SolanaPay or bank cards to buy the tokens.
We’re giving Doomsday Preppers all over the world an opportunity to order their slice of the Billionaire Bunker Membership—a Chilly Struggle artifact and the primary historic web site ever fractionalized into a completely decentralized, community-governed real-world asset on-chain.
— MEATBAGS (@mfmeatbags) April 19, 2025
The Bunker’s Historical past and Options
The nuclear bunker was constructed in 1960 through the top of Chilly Struggle tensions. It served as one among 1,500 monitoring posts constructed throughout the UK to report nuclear assaults and observe radioactive fallout.
After being decommissioned in 1968, the ability now sits on 1.4 acres of land close to a former reservoir. The present house owners have already secured planning permission to transform the bunker right into a luxurious residence.
SDL Property Auctions has listed the property with a information worth of £650,000 (roughly $862,257). The itemizing describes potential for a two-floor conversion with “cathedral-type ceilings” and enormous glass frontage providing views of the Leicestershire countryside.
Neighborhood Governance Via DAO
All NFT holders will achieve membership to the “Billionaire Bunker Membership,” a decentralized autonomous group (DAO) that can vote on the bunker’s future use if the acquisition is profitable.
Robert, the pseudonymous co-founder of Useless Bruv, advised Decrypt that a number of choices are being thought of. “I suppose the concept can be to have the ability to have individuals come to the property, keep on it. Both I believe it would flip right into a vacationer attraction, or I believe it might additionally go down the route of being an insane property on Airbnb,” he mentioned.
Different proposed makes use of embrace a “members-only survival resort with Doomsday DJ,” a venue for end-of-the-world festivals, or a singular Airbnb providing “caviar tastings and canned bean room service.”
Every NFT will remodel on April 28 into one among 20 distinctive elements throughout 4 rarity tiers: Frequent, Unusual, Uncommon, or Epic. The workforce emphasizes that whereas these rarities could unlock future perks, they gained’t have an effect on possession proportion or voting energy throughout the DAO.
Origins of the Challenge
The thought started as a joke however shortly advanced right into a critical enterprise. Robert defined in an April 18 assertion on X: “Taking dangers. Getting inventive. Pushing the boundaries of what this tech can do to create one thing fully new, absurd, and unbelievable.”
He added, “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.”
Psychrome, one other pseudonymous co-founder and inventive director, expressed optimism concerning the marketing campaign’s probabilities regardless of the formidable goal. “I’m about as optimistic as you could be when betting on crypto and the apocalypse on the identical time,” he advised Decrypt.
The undertaking has reportedly contacted the auctioneers, who seem open to the NFT collective’s participation within the bidding course of.
Earlier DAO Property Purchases
This isn’t the primary time a crypto collective has tried to accumulate a high-value bodily asset. In 2021, ConstitutionDAO raised roughly $47 million in Ether to bid on an authentic copy of the USA Structure.
Regardless of the spectacular fundraising effort, ConstitutionDAO finally misplaced to billionaire Citadel CEO Ken Griffin, who bid $43.2 million. Meatbags has promised to observe ConstitutionDAO’s instance by refunding contributors in the event that they fail to safe the bunker or another web site inside six months.
Different DAO efforts have confirmed extra profitable. LinksDAO bought Spey Bay Golf Membership in Scotland in 2023 and is at the moment renovating the property. Additionally they declare to have added the US-based Hillcrest Nation Membership to their holdings in February 2024.
If the “Purchase the Bunker” marketing campaign fails to safe the Rutland property, Robert says the workforce has already recognized different websites, principally in the UK however probably elsewhere. “We’re assured we’ll have the ability to get our fingers on a bunker,” he mentioned.
The NFT sale is scheduled to conclude simply earlier than the property public sale on April 24, giving potential consumers restricted time to take part on this distinctive crypto-meets-real-estate enterprise.
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