NFT project meat bags, based in Solana, launches a $ 1.4 million crowdfunding campaign to buy a nuclear bunker from the Cold War in Rutland, England. The Doomsday theme Digital Collectible Project, led by the pseudonymous team Dead BruvPlans to sell 100,000 NFTs at $ 14 each to finance acquisition and renovation of the historic military installation through a decentralized management model.
Main details:
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Meat bags sell 100,000 NFTs for $ 14 each, with 10,000 reserved for existing holders via a 1: 1 airdrop.
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The bunker auction is planned for 24 April with a guiding price of £ 650,000 (~ $ 862,257).
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NFT holders will become members of the “billionaire Bunker Club” DAO to vote on future use of the property.
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The 1.4 hectare site contains a British Royal Observer Corps Bunker from the 60s.
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If the auction bid fails, payment options include Solana Pay and credit cards, with a repayment policy.
The campaign details of #Buythebunker
The project with Meat Bags has set an ambitious goal to collect $ 1.4 million through them NFT Sales run from April 21 to April 24. Every “land certificate” NFT costs $ 14, creating a pool of funds to cover the purchase price of the bunker, renovation costs and current operational costs.
Existing holders of meat bags receive special treatment, with 10,000 NFTs reserved for a 1: 1 airdrop. At the same time, the remaining 90,000 tokens will be available to the public. The sales timing is in line with the auction date of the bunker of 24 April.
The project includes flexible payment options via Solana Pay of Credit cards. He team has committed himself to paying back within six months if their auction bid fails. All surplus funds collected after the purchase price are allocated by Dao vote To finance future development.
Source: SDL -Fetituitsculacies
From military installation to owned by NFT
The target is not a normal purchase of real estate. This relic of the Cold War is one 1.4 Hectare site With a British Royal Observer Corps Bunker from the 60s and a dismantled reservoir. Built in 1960 and taken out of use in 1968, it was one of the 1500 nuclear monitoring items in the United Kingdom designed to detect nuclear eruptions and radiation during the Cold War.
An important sales argument is that the building permit has already been approved for converting the facility into a luxury home with ceilings in cathedral style and panoramic view. The 30-inch thick concrete walls of the structure offer both historical significance and practical sustainability.
The property is currently mentioned by SDL Property Auctions with a target price of £ 650,000. The auction is planned for April 24 – creating urgency for the crowdfunding campaign to achieve its goals.
The billionaire Bunker Club: Dao Governance Structure
Buyers of the NFTS will not only finance the acquisition – they will have a say in what happens next. NFT holders will automatically receive membership from the “billionaire Bunker Club”, a decentralized autonomous organization (DAO) with voting rights on the future goal of the bunker.
The community has already started with floating creative ideas for space, including:
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A “Doomsday DJ” nightclub
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An Airbnb rental with an apocalyptic theme
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A premium survivialistic retreat
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A resort for only members for NFT holders
If it all comes together, this can be one of the most interesting examples of how blockchain technology can be used to possess something real.
Crypto Crowdfunding Evolution
The BAGS project project follows in the footsteps of previous crypto-driven crowdfunding initiatives, but with important differences.
In 2021, Constitutiondao raised an impressive $ 47 million in one Not successful offer To buy a copy of the American constitution. More successful, Left Dao Taken over a Scottish golf club in 2023.
What distinguishes the Meat Bags campaign is the focus on a physical infrastructure active with pre-approved redevelopment plans, creating a clearer usefulness for NFT holders.
