Home News NFT restaurant: pay just to sit?

NFT restaurant: pay just to sit?

The NFTs (of English non-fungible token meaning non-fungible token) will also revolutionize the gastronomic sector. The restoration has taken a great first step in the beginning of this new era in digital. It is FlyFishClub, the first restaurant NFT of the world. In fact you pay to sit but not for the food! But what are the NFTs? What does this system consist of? If you want to discover that and more alone, keep reading!

What are NFTs?

In order to understand the concept of FlyFishClub we must know what it is and how it works NFT. We are talking about a digital asset. This implies that in the same way that you can sell or buy a painting, you can sell to buy a NFT. The main difference is that the painting can be stolen, but this new digital asset No., since it is associated with a technology almost 100% safeblockchain.

nft
Cryptopunks, the NFT avatars that are sold for millions of dollars / Source: My Modern Met

And what is the blockchain? In a simplified way, it is a decentralized database that ensures a property registration very sure. This implies that if you have a digital asset de blockchain it will always be yours and can be easily verified until you sell it to someone else. From that moment on, the new owner (buyer) will be registered as the owner. The special feature of NFTs is that they are unique, they cannot be duplicated or reproduced.

For the same reason, this digital asset has made a huge impact in the world of and the collecting. There are many artists who sell NFTs, generally to his fans and followers, that later, if the demand continues to grow they will revalue. Bill value granted to these works is subjective and depends, in part, on the community that is created around him. In addition to the artistic sector, he has joined this great adventure the gastronomy sector. The great step has been taken VCR Group opening the world's first NFT restaurant, then we will see what it consists of.

 

See this post on Instagram

 

A post shared by VCR Group (@vcrgroup)

FlyFish Club, what does it consist of?

VCR Group is a restoration company, still with very little experience, since it was founded on last year (2021), But with high expectations visions of the future. Thus, they have created an exclusive space for 1000 m2 located in the iconic area commercial de NY. Only those who have obtained a non-fungible token de FlyFish. It can only be purchased through cryptocurrency through Internet and technology blockchain, but it has a impact in the real world.

That is, we are paying with cryptocurrencies,  to enjoy a space and be part of something. We only mention the enjoyment of the space, since it is the only thing we get through the purchase of the NFTFood and drink must be paid with dollars once there. This leads us to another very interesting question: the restaurant you save completely or partially the investment. Each token costs around U.S. dollar 13600. In turn, whoever owns them, once they have enjoyed the space, can sell it or rent it to other people.

14 million euros in a minute?

Just one minute after launching the tokens to the market FlyFish achieved more than 1000 memberships raising like this 14 million. This new method is very interesting, since it completely revolutionizes the conventional system for the restoration, Since the initial investment will not come from the pocket of the entrepreneur, but from his followers. And not only that, but, if finally the or services works and is created expectation by to attend to this space, the value of the Tokens will increase over time. In this way, the love Lóleo they can also earn money.

And, most likely, with each transaction the restaurant takes a commission. At the same time, like the Drinks and food se pagan benefits are also obtained in the establishment itself. The exclusiveness de FlyFishClub as a social and gastronomic event is one of the great attractions of this project. Have you entered desire to go or invest? Us, both.

Share