The the rest will be sold off starting April 21, starting at $14 a pop, according to a post on the Meatbags X account. Holders will gain entry into a decentralized autonomous organization (DAO), called the Billionaire Bunker Club, a “fully decentralized, community-governed real-world asset onchain,” which will vote on what happens with the bunker if the effort to buy it is successful. Source: MeatbagsA few ideas floated by the NFT project include a “members-only survival resort with Doomsday DJ,” a location to hold end-of-the-world festivals, or “an Airbnb with caviar tastings and canned bean room service.” UK online auctioneer SDL Property Auctions has the bunker Dead Bruv is hoping to buy listed for a guide price of 650,000 British pounds ($862,257), and an auction date scheduled for April 24. The real estate listing says the bunker is located on 1.4 acres near a former reservoir and already has the relevant permissions for the winning bidder to convert it into a house. The bunker was built in 1960 to act as a monitoring post during the Cold War and was decommissioned in 1968.
Cointelegraph contacted SDL Property Auctions for comment. Nuclear bunker buy began as a jokeRobert, the pseudonymous co-founder of Dead Bruv, said in an April 18 statement to X that the initiative was about trying to “make NFTs fun again” and was sparked by a joke that turned into a “lightbulb moment.” “There’s not much to compare this to, but these are the kinds of things that made me fall in love with NFTs in the first place.Taking risks.Getting creative.
ConstitutionDAO managed to raise about $47 million in Ether (ETH) in 2021 to purchase an original copy of the United States Constitution, which was going under the hammer at auctioneer Sotheby’s. Related: NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trendUltimately, they were unsuccessful.The winning bid was $43.2 million, and the DAO was limited to a bid of $43 million by Sotheby’s to factor in taxes and the costs required to protect, insure and move the Constitution. Meanwhile, LinksDAO secured the winning bid to purchase Scotland-based Spey Bay Golf Club in May 2023.
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Author / Journalist: Cointelegraph by Stephen Katte
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