Absorbed
Hospitality
Ethereum
ERC-721
VCR Group Flyfish Club
The club survived. The token did not.
A members-only restaurant in New York where the token was the membership. Roughly 1,600 NFTs sold between August 2021 and May 2022, raising about $14.8 million to build and run the venue. In September 2024 the SEC found this an unregistered offering of securities: Flyfish paid $750,000, agreed to dispose of its remaining tokens and to stop taking royalties. Two SEC commissioners publicly dissented, arguing it was a novel way to sell a restaurant membership. The restaurant is open. The membership is now just a membership.
6
transfers in the last 14 days, 23 months after VCR Group stopped.
3,035 tokens still exist. Counted from a public node on 12 August 2026.
Timeline
-
August 2021 Launched
-
16 September 2024 Ending announced
-
September 2024 SEC order; membership decoupled from the token
On-chain now
Contract
Live
Supply
3,035
Trades / 14d
6
Website
Up
- Contract
- 0xc9D8F15803c645e98B17710a0b6593F097064bEF
- Chain
- Ethereum · ID 1
- Calls itself
- Flyfish Club (FfC)
- Verify
- Etherscan
- Measured
Money
$14.8m
Approximately $14.8m from about 1,600 NFTs sold Aug 2021 – May 2022, as stated in the SEC's cease-and-desist order.
Sources
4- SEC cease-and-desist order: unregistered offering, $750,000 civil penalty, disposal of remaining NFTs and cessation of royalties
- Flyfish Club's own published statement on the settlement
- Approximately 1,600 NFTs sold for about $14.8m; settlement neither admits nor denies wrongdoing
- Commissioners Peirce and Uyeda dissented from the order