Decentralized Defense? NFT Group Targets Cold War Bunker Buy

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An apocalyptic-themed Solana-based NFT project is aiming to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England. The innovative venture combines virtual ownership with physical real estate in what could potentially be a new trend for blockchain communities.

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Dead Bruv, creators of the NFT collection called Meatbags, announced they will mint 100,000 tokens starting April 21. According to posts on the Meatbags social media account, prices will start at $14 each. Current Meatbags holders will receive 10,000 of these tokens through an airdrop, while the remaining 90,000 will be available for public purchase.

Historic Cold War Building Puts Up For £650,000

The nuclear bunker being considered for sale occupies 1.4 acres of ground adjacent to an old reservoir in Rutland, England. SDL Property Auctions placed the property up for auction with a guide price of £650,000 (around $862,257) and organized the sale to take place on April 24.

Constructed in 1960 as a Cold War monitoring post and deactivated in 1968, the bunker was among 1,500 buildings charged with reporting nuclear bursts and monitoring radioactive fallout. The building already has the necessary permissions for conversion into a house, the auction listing states.

As of today, the market cap of cryptocurrencies stood at $2.72 trillion. Chart: TradingView

Token holders will become members of the “Billionaire Bunker Club,” a decentralized autonomous organization (DAO) that will make decisions on how to utilize the bunker if the NFT project buyout is successful. The group refers to itself as a “fully decentralized, community-governed real-world asset onchain.”

NFT Project: A Serious Joke

Robert, the pseudonymous founder of Dead Bruv, detailed in an April 18 announcement how the project started out as a joke that turned into a serious undertaking to bring “NFTs fun again.”

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In the event that the bunker buy is successful, the Meatbags community has proposed a number of possible uses including a members-only “survival resort with Doomsday DJ,” or an Airbnb with “caviar tastings and canned bean room service.”

Image: ZillionDesigns

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