A new NFT project, the Billionaire Bunker Club, plans to raise funds to purchase a historical nuclear bunker in Rutland, England, initially built during the Cold War. The project aims to sell 100,000 NFTs at $14 each to raise $1.4 million, allowing holders to form a decentralized autonomous organization (DAO) that will vote on how to utilize the property. The site, which secured planning permission for renovations into a luxury home, was originally a monitoring post for the British Royal Observer Corps. If the purchase is successful, potential uses include turning the bunker into a tourist attraction or an Airbnb rental. The creators are optimistic about securing a historic site following a similar failed attempt by ConstitutionDAO in 2021 to buy a copy of the U.S. Constitution. This effort emphasizes the growing trend of DAOs collaborating to purchase tangible assets. Rather than simply aiming for profit, the initiative seeks to create a community-driven management structure.

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