So Gary V Opened a Private Restaurant with NFT Memberships...

frens, I am absolutely wiped out. My brain hurts and I feel like crying. What a whirlwind of a day. My mother in law is now home from the hospital and can't afford the $750 worth of medication she needs so trying to figure that out. Fuck the U.S. government and medical system. Anyway - I read about this "NFT Restaurant" created by Gary Vee a few days ago and I just had to give some thoughts.

Flyfish Club

Flyfish Club is a new fancy members-only restaurant with NFT memberships launched by Gary Vaynerchuck, or Gary V. If you've never heard of this wonderful gentleman, he's a "serial entrepreneur" that gets rich by selling the idea to people that they can also be rich. This man is an absolute genius and we are just peons. Some other things he's known for are his VeeFriends NFT collection and supposedly buying 59 Crypto Punks. For some reason his stupid NFT collection has made so much money that it's discgusting. They're literal shit. Look at these things. $82,000 for a poorly drawn fish JPEG that's "bubble gum" rarity? Ok, I know people are really stupid and like spending money on dumb shit but... Come on guys.

Sorry to get off subject, but it's just hilarious to me that this dude makes so much money. He sells the worst advice in existence of how to be rich. He sells NFTs that a 5 year old could draw for insane amounts of money. Now, he's done it again. He's "changed the game" by launching the first ever "NFT restaurant". No, we're not talking about a restaurant in Decentraland that sells virtual cheeseburgers. We're talking about a physical restaurant in New York City that is only open to owners of its membership NFTs. According to Gary himself in the hilariously bad promo video... They wanted to do something different. They wanted to "rewrite the game". What game are you rewriting bro? Private restaurants and clubs are nothing new. Just because instead of owning a physical membership, you have to buy an NFT. Wow. Crazy, right?

Ok, I hope you made it through the video. Are you drooling to get your NFT membership yet? I hope you have some fat stacks of crypto sitting around because there's 2 different NFT membership options and both of them are gunna cost ya a grip. The basic Flyfish Club membership is 2.5 ETH, which is roughly $7,000 at the moment. Then, if you're a true baller, you can get the Flyfish Omakase membership that costs 4.25 ETH. Roughly $12,000 and all you gain is access to the "Omakase Room". Basically a room with a private sushi chef. Starting to sound like an awesome deal? Wait til you see the food prices because, yes, you still have to buy food after dropping 12 grand on a membership.

Starting to feel like you've been robbed yet? Well good, because you're gunna have to pay the gas fee to get your membership too. These bad bois are minted on the Ethereum blockchain of course, because that's where all the rich people transact. They also don't accept payments in cryptocurrency so you'll need to make sure you bring a fat stack of cash with you. Wait, I though they were "rewriting the game"? Wouldn't that be more true if the whole restaurant was cryptocurrency payments only? That would make more sense to me, but obviously my brain isn't as big as Gary's. If you're planning on selling or leasing your membership on the secondary market, you can expect to lose 12.5% of your money to the Opensea fee and Gary himself. I guess if you can't afford that $7,000 membership, you could just rent it... If you were so inclined for some insane reason.

Don't worry - if you happen to have poor friends and you just wanna flex on them... Bring them here as a guest and flex your private restaurant with access to food they can't afford. Big flex I guess.

What an insanely laughable concept. It's just another way for Gary to take a shit ton of your money, $24 million to be exact. That's roughly what he's making off the NFTs ALONE. Take a gander at the website for yourself if you wanna see all the details or just laugh. These memberships sold out, by the way. You'll have to cough up some more dough if you wanna get one. The floor price for the basic membership NFT is over 4.7 ETH now and the Omakase one is about 11.88 ETH. We're talking 32 grand! Sheesh!

There's not a ton of activity on the secondary market but for some reason... I think it's going to explode. Because people will buy anything. What do you think?

Thanks for reading! Much love.

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