Get All Access for $5/mo

Fancy A Lobster For Dinner? Buying This NFT Will Help One of the NFTs, The Captain's Club+ NFT, priced at $350, gives the members the option for eight lobster tails.

By Kabir Singh Bhandari

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo by Chamindu Perera on Unsplash

When we talk about the future of NFTs and what their potential is, the last thing we expect is lobsters entering the discussion. But it seems even in the world of NFTs, truth can be stranger than fiction.

OneOf, an NFT startup known for music and sports collectibles has announced that it has partnered with the online seafood delivery service Get Maine Lobster to make an NFT-based membership club, reported decrypt.co. The members who become part of the club shall be able to get fresh seafood delivered from Maine, including lobster.

Known as Lobster Perks+, the membership comprises four yearly tier levels, including a free entry-level pass with discounts with discounts and perks that feature other benefits.

One of the NFTs, The Captain's Club+ NFT, priced at $350, gives the members the option for eight lobster tails, wholesale pricing on other orders and various other perks, such as a lobster butter-scented candle (applicable for the first 200 buyers).

Then there is the Diamond Club NFT, priced at $2,000, which combined perks from the previous tier with 100 pounds of lobsters spaced out over 12 monthly deliveries. The Lobster Perks+ NFTs shall be minted on Ethereum sidechain Polygon and launch on November 10.

Over the last year, the future of NFTs has been part of several discussions, with one group backing their usefulness in the future while another saying that its just a fad that shall be dying out soon. The tokens suffered a drawback during the recent crypto crash, and only in another six months to atleast a year will we be able to get a clearer picture of what the future holds.

Kabir Singh Bhandari

Former Senior Assistant Editor

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.

News and Trends

A realm full of opportunity and test

Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts the country has gone through to advertise itself as startup-friendly.

News and Trends

TATA Motors Implement Plans to Support Their Demerger

Tata Motors Finance Limited (TMFL) is merging with Tata Capital Limited (TCL) through National Company Law Tribunal (NCLT) scheme of arrangement ahead of its demerger between Tata Motors' passenger and commercial vehicles.

Career

Gen Z is Losing Faith In the College Degree — Here's 3 Reasons Why It's Still Important For Them

A college degree may not be essential for success but here are three crucial reasons you should encourage your Gen Z kids to still get one.