TLDR
- A Solana NFT project called Meatbags aims to purchase a Cold War nuclear bunker in England by selling 100,000 NFTs for $14 each
- The project will form a DAO (Billionaire Bunker Club) to let NFT holders vote on the bunker’s future use
- The target property is a 1960s British Royal Observer Corps bunker in Rutland with planning permission for conversion to a luxury home
- Dead Bruv, the creator, needs to raise $1.4 million and will refund buyers if the purchase fails within six months
- The initiative follows similar crypto crowdfunding efforts like ConstitutionDAO, with NFT sales beginning April 21
A Solana-based NFT project has unveiled plans to purchase a Cold War-era nuclear bunker through the sale of digital collectibles. Meatbags, created by Dead Bruv, will offer 100,000 Billionaire Bunker Club NFTs at $14 each starting April 21, with the goal of raising $1.4 million to acquire and renovate a former military installation in Rutland, England.
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
The bunker was built in 1960 as a British Royal Observer Corps monitoring post during the Cold War. It was one of 1,500 such facilities constructed across the United Kingdom at a time when nuclear war fears were high. The property spans 1.4 acres and includes the underground bunker plus a former reservoir.
From Cold War Relic to Crypto Community Asset
The target property already has planning permission for conversion into a luxury residence with cathedral-style ceilings, large glass frontage, and countryside views. SDL Property Auctions has listed the bunker with a guide price of over £650,000 (approximately $862,000) plus fees, with an auction scheduled for April 24.
Robert, the pseudonymous co-founder and CEO of Dead Bruv, told Decrypt the team has factored renovation costs into their fundraising target. “We’re confident we’ll be able to get our hands on a bunker,” he said, noting they’ve identified alternative sites if their initial bid fails.
The project promises to refund participants if they can’t secure the bunker or an alternative site within six months of a rejected bid. This echoes ConstitutionDAO’s approach, which returned funds to contributors after failing to purchase a copy of the U.S. Constitution in 2021.
Community Governance Through Billionaire Bunker Club
NFT holders will form a decentralized autonomous organization (DAO) that will vote on the property’s future use. Possible options include turning it into a tourist attraction, listing it on Airbnb, or even maintaining it as a functional survival bunker.
“I guess the idea would be to be able to have people come to the property, stay on it. Either I think it will turn into a tourist attraction, or I think it could also go down the route of being an insane property on Airbnb,” Robert explained. “Ultimately, it’ll come down to what the DAO votes for.”
Other suggestions include hosting end-of-the-world festivals or creating a “members-only survival resort with Doomsday DJ.” The concept aligns with the Meatbags narrative, which centers on doomsday preppers in a fictional world called Surviville that mirrors real-world concerns like war tensions, pandemics, and AI advancement.
Beyond DAO voting rights, NFT holders will receive an on-chain land deed verifying their ownership share of the bunker. They’ll also be invited to an opening celebration if the purchase succeeds.
Robert claims to have contacted the auctioneers, who appear open to the NFT project buying the property. SDL Property Auctions did not respond to requests for comment from news outlets.
The $1.4 million target allows for the purchase price, renovation costs, negotiation flexibility, and management fees. Any remaining funds will be allocated according to DAO votes.
The project represents a growing trend of crypto communities acquiring physical assets. While ConstitutionDAO fell short of its goal, other efforts like LinksDAO have succeeded, purchasing Scotland’s Spey Bay Golf Club in 2023 and reportedly adding the US-based Hillcrest Country Club to its holdings in February.
Robert describes the initiative as an attempt to “make NFTs fun again,” stemming from a joke that evolved into a “lightbulb moment.” He added, “When something comes from a place of, this is completely insane, we gotta do it, that’s when I know we’re onto something.”
Meatbags will airdrop 10,000 of the 100,000 NFTs to existing Meatbags holders, with the rest available for purchase using Solana Pay or credit card via the Dead Bruv website.
Psychrome, Dead Bruv’s pseudonymous co-founder and creative director, expressed cautious optimism about the campaign: “I’m about as optimistic as you can be when betting on crypto and the apocalypse at the same time.”
The Billionaire Bunker Club NFT sale begins Monday, April 21 at 8am ET.
