You can now go to an NFT restaurant in San Francisco that offers a $300,000 club membership. The team behind the NFT restaurant and SHO club announced more details about membership tiers and how they would work for a wide range of customers in San Francisco.
SHO Club is an ambitious project that has had an accelerated development in the form of the first SF NFT restaurant and club. The membership at the club comes in three tiers; Water, Earth, and Fire.
If you’re aware of the declining trajectory of cryptocurrencies, you understand that a volatile market creates ups and downs in value. But potential club members have the option to purchase membership of the SHO club with US dollars. You can still get proof of ownership as an NFT, which ties together with the Ethereum-based blockchain.
Josh Sigel, CEO of SHO Group highlights that it focuses more on underlying tech measures like the adoption of NFT than solely prioritizing currency-based transactions. The goal of Sigel is to create a perfect balance of tech and food in their NFT-powered project. Sigel also concurs that the security parameters around NFT and blockchain-based solutions is ideal for securing membership. And unlike physical cards, there is significantly less risk of fraud and scams on NFT-based transactions and memberships.