18/01/2022 World's 'first NFT restaurant' is coming to Manhattan next year

Think of it more as as social club than a standard restaurant.

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Flyfish Club

The one knock on New York City’s food scene is that it’s lacking good NFT fare. But a new venture from entrepreneur Gary Vaynerchuk is trying to change that.

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Flyfish Club announced it’scoming to Manhattanearly next year as the world’s “first NFT restaurant.” How does it work? You need to be an owner of a Flyfish digital token to partake of the “globally inspired” seafood menu; and another, more exclusive token will get you into a special omakase room.

  • Flyfish has sold 1,501 tokens this month to raise around $15 million for the venture.
  • The NFTs originally went for 2.5 ETH each, or around $8,300, but on thesecondary marketthey’re trading for 6.63 ETH ($22,000) minimum.

Big picture:Sure, an NFT restaurant sounds goofy, but if you think of it more as a social club, like Soho House, it makes a little more sense. Flyfish is betting that people will buy its tokens as a way to signal their social status, similar to a luxury watch or vehicle. If it’s at least a little bit successful, expect more NFT restaurants to follow.

Arts

https://www.morningbrew.com/daily/stories/2022/01/16/world-s-first-nft-restaurant-is-coming-to-manhattan-next-year

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