After eating at home for much of the past 18 months, most of us are itching to get out into the real world and have dinner with interesting people. If this is you, may I suggest a new way to break bread: An NFT dinner club.
That’s the idea behind Dinner DAO, a new community creating IRL (in real life) dinner clubs using non-fungible tokens.
Here’s how it works: Prospective diners become members of a club – or Dinner DAO (DAO stands for ‘decentralized autonomous organization’) – by buying a Dinner DAO NFT. The cryptocurrency raised during the sale of the NFT is pooled in a shared treasury and used to purchase meals whenever the club gets together throughout the year.
Like many NFTs, Dinner DAO uses Ethereum because of the cryptocurrency’s built-in smart contract functionality. Dinner DAO NFTs are minted using a platform called Unlock, which creates the locks and keys for NFT membership. Membership can take the form of a season pass or even one-off dinner tickets.
Dinner DAOs are location-based, meaning members join together for dinner in a specific city. Members discuss potential restaurants using the Dinner DAO Discord, which acts as the central gathering spot for the community. From there, they vote on where to eat using Snapshot.org, a decentralized voting site popular with the crypto crowd.
The Dinner DAO concept is the brainchild of artist and designer Austin Robey. Robey, who lives in Brooklyn, created the first Dinner DAO NFT for New York City, and the first meal was at a restaurant in Little Italy called Shoo Shoo Nolita. I asked Robey how his club paid for the meal since memberships are purchased in virtual currency and most restaurants want dollars or another government-backed currency. He told me that one of the members of the club had a Coinbase debit card (Coinbase is a company that operates a cryptocurrency exchange, and where many users keep cryptocurrency balances stored in the Coinbase wallet). The group transferred Ether from the pooled treasury to the member’s debit card and Coinbase converted it to US dollars when the bill was paid at the restaurant.
“I think it feels like it would defeat the purpose if everyone’s paying with a Bank of America credit cards,” said Robey.
If this all sounds like a lot of work, it is, at least for those not well-versed in cryptocurrency and NFTs. But for crypto converts, creating a Facebook group and paying for things with a regular credit card goes against the organizing principle of the virtual currency and NFT movement: decentralization. Robey and other Dinner DAO members are ok with taking more time to create a crypto-based dinner club because, in doing so, they are pioneering a new way to meet for a meal without having to rely on big technology companies or banks. In other words, they are getting together in real life by putting their dinner club on the blockchain.
“I have just have been interested in collective ownership within tech and collective governance within tech,” said Robey. “Which is part of the reason why I’ve been excited about digging into things that Unlock can do in the web three in crypto space to enable these new forms of human and corporate organization.”
Those who want to organize a new Dinner DAOs can do so by joining the Dinner DAO Discord and creating a proposal for a new city. Users vote on potential cities and, once awarded, the new Dinner DAO chapter lead will mint an NFT and put it on an exchange such as Opensea. Chapter leads are only allowed to invite two in-real-life friends and the rest must be new acquaintances. Once the eight seats are sold (each Dinner DAO club has a total of eight members), chapter members vote on a location and, finally, get together and eat a meal.
The newest Dinner DAO chapter is in Portland. The city lead is web anthropologist Amber Case, who was attracted to the idea of Dinner DAO because she felt the old-world way of splitting a check was such a pain. In her application for the Portland chapter, Case wrote she had at one point tried to create a dinner club, but “when we looked at the fundraising aspects of it, it quickly became annoying. My former co-founder and I even tried to make a startup to make it easier to split the check! We put that idea on ice while we waited for something better to emerge.”
Almost a decade later, Case has found her something better in Dinner DAO. If you’d like to look into creating a Dinner DAO, you can check out the group’s website.
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