Meatbags, a Solana-based NFT project, is on a legendary adventure. Their plans include the purchase of a Cold War-era nuclear bunker in Northern England. The project plans to sell 100,000 NFTs and intends to raise $1.4 million through those sales. These funds will be used to acquire and rehabilitate the iconic site. This project taps into the vibe of other successful crypto crowdfunding campaigns such as ConstitutionDAO. Most importantly, it empowers NFT holders to determine the future of the bunker.
The overarching goal of the project is to form a DAO (Decentralized Autonomous Organization) named Billionaire Bunker Club. This new organization will give NFT holders the power to vote on how the bunker gets used. Each NFT holder will receive unique on-chain land deeds, fully verifying their ownership share of the bunker. The NFT sale begins on April 21 at 8 am ET. In a dramatic twist, this event builds the anticipation between now and the actual auction for the bunker on April 24.
The Bunker's History and Acquisition Plan
The bunker, built in 1960, was used as a British Royal Observer Corps monitoring outpost through the Cold War. The property is home to the 1.4-acre underground bunker and a decommissioned reservoir, which now serves as a natural pond. Meatbags plans to use all of the money raised to purchase the building, pay for renovations, have some flexibility during negotiations and pay for management.
Meatbags' co-founder, Robert, has already engaged with the auctioneers, who seem receptive to the NFT project's bid. Robert expressed confidence in securing the bunker.
“We’re confident we’ll be able to get our hands on a bunker.” - Robert
NFT Distribution and Sales
Meatbags will airdrop an additional 10,000 NFTs to current Meatbags holders as a gesture of appreciation for their early support. The rest of the NFTs will be purchasable using Solana Pay or credit card on the Dead Bruv website. Each NFT is only $14. Our current campaign — We the People! — aims to raise $1.4 million for the acquisition and renovation.
The Billionaire Bunker Club is a decentralized autonomous organization (DAO) created by Meatbags. It will be a key factor in determining what the bunker’s future use will be. This will give NFT holders a direct vote on the most exciting proposals. This might make the site a prestigious tourist destination or the coolest Airbnb rental you ever saw. In addition, Robert shared his vision for the bunker’s future.
“When something comes from a place of, this is completely insane, we gotta do it, that’s when I know we’re onto something.” - Robert
Future Use and Community Governance
The Billionaire Bunker Club, the DAO formed by Meatbags, will play a crucial role in determining the bunker's future use. NFT holders will have the opportunity to vote on various proposals, potentially transforming the site into a tourist attraction or an unusual Airbnb property. Robert shared his vision for the bunker's potential future.
“I guess the idea would be to be able to have people come to the property, stay on it. Either I think it will turn into a tourist attraction, or I think it could also go down the route of being an insane property on Airbnb.” - Robert
Psychrome, reflecting on the project's ambitious goals, stated.
“I’m about as optimistic as you can be when betting on crypto and the apocalypse at the same time.” - Psychrome