“Digital members’ club” IBZNFT wants to revolutionise Ibiza’s luxury travel landscape using NFT technology to unlock limited access to exclusive island-wide experiences. Olivia Palamountain reports.
IBZNFT is a utility-based NFT members’ club aiming to elevate Ibizan adventures through money-can’t-buy experiences, tailored itineraries and meaningful interaction with locals.
As part of the IBZNFT community, during stays on the “White Isle” you can expect exclusive access to wellness and spirituality-themed expeditions, such as hikes to hidden hillsides complete with a sound healing workshop, arts and culture immersion and invites to exclusive music happenings and experientially-designed parties.
Meetings with some of the island’s most celebrated creators, movers and shakers are also on the cards.
But how and where exactly does the blockchain twist come in? Club membership is granted seasonally, and in the form of an NFT, which grants access to all things IBZNFT.
The season of events starts in May and runs through to October, and IBZNFT holders will be able to bring between one and five guests with them, depending on the experience.
How much does it cost? Memberships cost US$5000 or 5000 USDC per season (payment can be made in either dollars or USDC crypto, a stablecoin that is pegged to the dollar, so even though it is a cryptocurrency it does not change in value).
Each membership is for one person only and once purchased, the NFT cannot be resold. However, it can be transferred by the NFT owner with prior permission from the IBZNFT team.
Alejandro Haba explains: “IBZNFT is revolutionizing the way luxury is experienced on the island. Our innovative utility-based NFT club eliminates the traditional barriers of VIP access, to truly immerse our members in the island while creating a strong community of like-minded people.”