After artists, NFTs now catch fancy of foodies and politicians

cnbctv18.com:

The non-fungible token (NFT) frenzy has extended into the new year. And this time, it might tickle your taste buds, or even prompt you to vote. NFTs are unique cryptographic tokens that are almost impossible to replicate.

With immense popularity and newer applications, the NFT market is making businesses sit up and take notice.VCR Group, owned by American entrepreneur Gary Vaynerchuk, plans to launch a members-only restaurant that requires you to own an NFT to enjoy a lavish dinner at its club that offers astonishing views of New York city. The NFT-themed restaurant is called the Flyfish Club.Flyfish NFTs can be bought from online NFT marketplace OpenSea. There are two types of NFTs offered by the Flyfish club—the Flyfish, and the Flyfish Omakase.Flyfish Omasake is a premium membership that provides members access to a special Omakase Room--a 14-seater area with a master sushi chef creating dishes from the fish flown in daily from Japan.

However, all members get access to physical and virtual events and pop-ups, an outdoor lounge, cocktail lounge and main dining area that comes with a 150-seat space and an open kitchen.Also Read | NFT: A disruptor in crypto space in 2021 and the way forwardThe Flyfish token can be bought in exchange for 2.5 ether (native token of the Ethereum blockchain) and the Flyfish Omakase token can be bought for 4.25 ether. At current rates of ether, this translates to around $7,800 and $ 13,300, respectively. There are 2,650 NFTs available for the basic membership tier and 385 for a premium membership, as per reports.