- The Meatbags NFT project has announced plans to purchase a 1950s nuclear bunker
- The project will create an NFT collection to help raise $1.4 million
- The bunker was built during the Cold War in Rutland, England
The Meatbags NFT project has announced plans to raise $1.4 million to purchase a nuclear bunker built in Rutland, England, during the Cold War in the 1950s. The project hopes to get the funds by creating an NFT collection, Billionaire Bunker Club, with 100,000 collectibles, each retailing at $14. The NFT holders will form a DAO that will manage how the bunker and the 1.4 acres of land around it will be utilized, a move that increases the interaction between the physical and web3 worlds.
The “First Historic Site Ever Fractionalized”
According to Meatbags, the bunker is the “first historic site ever fractionalized into a fully decentralized, community-governed real-world asset on-chain.” The NFT project added that DAO members can decide to transform the bunker and the surrounding land into a survival resort, an Airbnb with “caviar tastings and canned bean room service,” among other possibilities.
We’re giving Doomsday Preppers around the world a chance to reserve their slice of the Billionaire Bunker Club—a Cold War artifact and the first historic site ever fractionalized into a fully decentralized, community-governed real-world asset on-chain.
— MEATBAGS (@mfmeatbags) April 19, 2025
Billionaire Club NFTs’ sale will start on April 21 and end on April 24, with the rarity varying from common, uncommon, rare, and epic. According to Meatbags, the rarity level doesn’t affect a collector’s “ownership percentage, but may unlock perks, power-ups, or surprises down the line.”
NFT Holders Receive an On-Chain Land Deed
Billionaire Club NFT holders will also receive a blockchain-based land deed to verify they own a share of the bunker and attend an opening party. Meatbags’ attempt to purchase the Rutland bunker resembles that of Constitution DAO to purchase a copy of the U.S. Constitution.
Constitution DAO, however, lost to a private bidder despite raising $47 million. The DAO later announced it would refund contributors after the failed exercise.
With the NFT market currently experiencing a slump due to decreased community activities, it remains to be seen whether the Meatbags project will attract enough collectors to scoop 100,000 NFTs in less than four days.
