World’s First NFT Restaurant to Open in New York

According to Investopedia, NFTs, which stands for “non-fungible tokens” are “cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other.”

Got it? Even if you don’t, unless you’re willing and able to shell out thousands of dollars for a membership to a restaurant, paid out in advance of any exchange of U.S. dollars for food and drink, I suggest you move on to the next post. The Flyfish Club is not for you.

The Flyfish Club — that’s its name. It bills itself as a “globally inspired seafood restaurant.” More importantly, it promises to be the first NFT restaurant in the world. And it will be open for business right here in New York in 2023.

According to Eater, a basic membership will begin at 2.5 Ethereum, which right now is worth $8,500. That grants members access to the main dining room as well as an indoor cocktail lounge, an outdoor cocktail lounge, and physical and virtual events and pop-ups. For an additional 1.75 Ethereum, bringing your total to $14,500, you can gain access to the “omakase experience,” a 14-seat sushi bar secreted away in a private area of the club away from prying eyes.

The good news(!) is that there will be no recurring fees in subsequent years and members are permitted to lease or resell their membership.

The restaurant will seat 150 all told.

In case you’re on the fence about joining, be aware that club proper is limiting membership to 2,650 and the omakase experience to 350 members.

As my grandmother would have said, “Meshugganah!”