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This Is The First Restaurant That Is Only Open To NFT Holders

The Flyfish Club is the first restaurant in New York dedicated just to NFT holders, with memberships starting at 2.5 ETH. A restaurant in New York has announced that potential diners may only purchase their membership via blockchain as a digital token, making owning an NFT even more appealing.

VCR Group, the parent business of Flyfish Club, a members-only private dining club founded by Entrepreneur Gary Vaynerchuk, CEO David Rodolitz, and culinary director Conor Hanlon, is dedicated to providing diners with the best seafood experience possible.

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Per the information available, there would be two membership tiers. The first tier, known as Flyfish, costs 2.5 ETH, which is around $8000 at the current exchange rate.

Regular members would have access to the main dining room, outdoor space, cocktail lounge, and special events if they owned this membership.

The Flyfish Omakase is the second tier of membership. This tier costs 4.25 ETH (about $14,000), and members get all of the usual member privileges plus a 14-seat omakase room.

According to official information on the website, there will be no recurring annual fees, and NFT holders will be able to sell their tokens or even lease the asset to non-members for a month.

“By utilizing NFT’s, FFC is able to create a loyal, member-community that we can provide special experiences for. NFT’s create new modernistic financial models, which will allow FFC to deliver an exceptional and sustainable product for years to come.”

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The restaurant, which is only open to NFT members, is not anticipated to open until 2023.

In the cryptosphere, NFTs have unquestionably gained in popularity. Investors are attracted to projects that offer a variety of features and use cases that set them apart from the competition.

Holders of Adidas’ “Into the Metaverse” tokens, for example, will get access to an exclusive fan club, which will have a considerable say in the types of things the company releases for the community.

Apart from Adidas, another NFT that gives exclusives to its holders is the Bored Ape NFT, which has grabbed the interest of its investors and the general public with a number of unique features.