Solana NFT Project Aims to Buy Nuclear Bunker

Bear in mind when ConstitutionDAO tried (and failed) to purchase a duplicate of the U.S. Structure? Nicely, now there’s a venture aiming to do a lot the identical with a nuclear bunker.

The creators of doomsday-themed Solana venture Meatbags hope to buy a nuclear bunker constructed throughout the Chilly Struggle in Rutland, England. To do that, 100,000 Billionaire Bunker Membership NFTs can be provided on the market at $14 a pop in an try to lift $1.4 million, with NFT holders forming a decentralized autonomous group or DAO collective that may vote on what to do with the property.

The positioning spans 1.4 acres with a nuclear bunker and former reservoir, in accordance with SDL Property Auctions, and was inbuilt 1960 to behave as a British Royal Observer Corps (ROC) Chilly Struggle monitoring submit. This was considered one of 1,500 underground monitoring posts constructed throughout the UK, throughout a time of heightened worry of nuclear struggle.

Photograph of the nuclear bunker and reservoir. Picture: SDL Property Auctions.

Planning permission has already been secured for the positioning by its present house owners to show it right into a luxurious dwelling with two flooring of “cathedral-type ceilings,” a big glass frontage, and views throughout the Leicestershire countryside. Meatbags claims to have an estimate on how a lot these plans will price, and the staff has factored this into the NFT elevating value.

The try recollects the well-publicized effort from ConstitutionDAO, which fashioned in late 2021 in an try to buy a duplicate of the U.S. Structure at public sale.

Regardless of elevating about $47 million to additional such goals, the DAO didn’t win the public sale, shedding out to billionaire Citadel CEO Ken Griffin. ConstitutionDAO finally refunded its individuals, which Meatbags has additionally pledged to do if it could actually’t safe the aforementioned bunker or an alternate web site inside six months of its bid being rejected.

However different DAO-driven efforts have had extra success fulfilling their goals—corresponding to LinksDAO, which bought the Spey Bay Golf Membership in Scotland in 2023 and is overhauling the positioning.

Robert, the pseudonymous co-founder and CEO of Meatbags creator Useless Bruv, informed Decrypt that the staff has scoped out a few alternate options already, a few of that are additionally in the UK—however they’re open to touchdown a web site elsewhere, too.

“We’re assured we’ll be capable to get our arms on a bunker,” he added.

Photograph of proposed refurbishment of property. Picture: SDL Property Auctions.

Billionaire bunker membership

If the Meatbags collective efficiently purchases the property as the results of the upcoming “Purchase the Bunker” marketing campaign, it would permit the newly fashioned DAO to vote on what can be finished with the property.

“I suppose the concept could be to have the ability to have folks come to the property, keep on it. Both I believe it would flip right into a vacationer attraction, or I believe it may additionally go down the route of being an insane property on Airbnb,” Robert informed Decrypt. “In the end, it’ll come right down to what the DAO votes [for].”

Meatbags is a narrative-driven NFT venture about doomsday preppers residing in a world that’s coming to an finish, known as Surviville, which mirrors real-world considerations like struggle tensions, world pandemics, and the rise of highly effective AI. As such, the group already has its toe on this planet of doomsday prepping—so there’s an opportunity the DAO may vote to make use of the property as a useful bunker if the worst was to occur.

Apart from taking part within the DAO, Billionaire Bunker Membership holders may also obtain an on-chain land deed verifying that they personal a share of the bunker, and can be invited to a gap get together.

Robert claims to have reached out to the auctioneers by way of e mail and stated they seem open to the NFT venture shopping for the property. SDL Property Auctions didn’t reply to Decrypt’s request for remark.

The positioning is at the moment listed for a information value of over £650,000 (or about $862,000) plus charges. Meatbags goals to lift $1.4 million so it could actually additionally refurbish the place, create wiggle room for negotiating, and pay administration, working, and authorized charges incurred all through the marketing campaign. The DAO will vote on how any remaining funds can be used.

Billionaire Bunker Membership NFTs will go on sale on Monday at 8am ET, with customers capable of buy utilizing Solana Pay or bank card by way of the Useless Bruv web site.

ConstitutionDAO fell in need of its personal objective, and trying to promote 100,000 NFTs in 2025 at any value would possibly seem to be a Herculean activity. Even so, the staff is assured in its possibilities to drag this off.

“I’m about as optimistic as you might be when betting on crypto and the apocalypse on the identical time,” pseudonymous co-founder and inventive director Psychrome informed Decrypt.

Edited by Andrew Hayward