HOW TO PURCHASE A GN3 TOKEN

 

Golden No. 3 Club is a unique members-only dining club where members own their membership by holding a Golden No. 3 NFT (non-fungible token).

There are no membership dues or renewal requirements. As long as you hold a GN3 NFT, you are an owning member.

This forward-thinking membership model allows for a different kind of relationship between the club and its members. Because you own your membership, you are able to treat it creatively like an asset (lease it, sell it, or monetize it in other creative ways).

There is no limit to how many GN3 tokens you can purchase. Tokens are purchased one per transaction.

Membership via NFT
What to Have Ready
Purchasing a Token
FAQ
About the Dining Club
How Reservations Work
How Membership Works
The Timeline

Membership through NFT

Challenging traditional membership models is part of the forward-thinking philosophy of GN3. Rather than collecting membership dues and requiring renewal processes, GN3 members own their membership represented by their GN3 NFT and can treat it like an asset.

NFTs are part of the expansion into Web3 technology (the third iteration of the internet, following the current Web 2.0 version most people are used to right now). They are a form of non-interchangable data stored on the blockchain (a digital ledger) that allows the holder to establish a verified and public proof of ownership.


WHAT IS AN NFT?

An NFT is a non-fungible token that exists on the blockchain. In essence, an NFT signifies a unique digital contract of ownership. When you purchase your GN3 token, you essentially "mint" your token. This creation process is what gives you your unique NFT and solidifies your ownership.

The GN3 tokens are purchased through the mainstream crytocurrency Etherium (ETH).

WHAT IS ETHEREUM?

Ethereum (ETH) is a mainstream form of cryptocurrency. It can be obtained through a cryptocurrency exchange, and it is stored in a hot wallet.

The price of GN3 tokens is shown in ETH, although you can now purchase tokens with a regular credit card. When purchasing with a card, 

WHAT IS A HOT WALLET?

A hot wallet is a secure place to store your cryptocurrency, NFTs, and other things that exist on the blockchain. If you don't already have a hot wallet, we recommend MetaMask.

If purchasing with Ethereum (not a credit card), you'll need to be sure you have enough Ethereum to purchase your GN3 token and have it available in your hot wallet. You'll also need enough Ethereum for "gas." Gas is a small amount of Ethereum needed to transact your token purchase.


WHERE DOES THE TRANSACTION TAKE PLACE?

You will purchase your GN3 token through the OpenSea NFT market. OpenSea is the world's largest secure marketplace for NFTs. You'll link your hot wallet to OpenSea, and OpenSea will immediately transfer your GN3 token into the hot wallet upon purchase.

What to Have Ready

  1. Choose which kind of token you want to purchase: A Golden No. 3 club member token or a GN3 Acreage Room (VIP) token.
  2. Set up your hot wallet. If you don't already have one, download and install MetaMask here. MetaMask is the most widely used hot wallet. It's free and easy to set up.
  3. Be sure to set a highly secure password with your hot wallet. GN3 does not have the ability to access your hot wallet or reset your password.
  1. Set up a free OpenSea account by connecting your hot wallet here.
  2. Decide if you will purchase your token with a credit card or with Ethereum already added to your hot wallet. If you choose credit card, OpenSea will charge your cart the USD equivalent of the Ethereum price. If you want to pre-load your hot wallet with Ethereum, ensure you have enough ETH to cover the base price of your GN3 token and the "gas" required to transact the purchase.

Purchasing Your Token

 

1. VISIT OUR 'BECOME A MEMBER' PAGE

Embedded on this page is the secure OpenSea marketplace where you'll choose and purchase your GN3 token.

 

2. CHOOSE YOUR TOKEN

Use the filters to select between a regular Golden No. 3 club member or a Golden No. 3 Acreage Room (VIP) member. You also get to choose which edition number you want, based on availability. You can purchase as many tokens as you want, one per transaction.

Click BUY NOW (do not click "Make an Offer," as tokens are only sold at their listed price unless you are purchasing from a secondary seller other than the official Golden No. 3 Club).

 

3. CONNECT YOUR HOT WALLET

Follow the prompts to connect your hot wallet to the OpenSea market.

  

4. COMPLETE PURCHASE

The system will tell you how much Ethereum you'll need to cover the base price and the cost of 'gas' to process the transaction.

You can choose to complete your purchase using a credit card to obtain the needed Ethereum or by paying with Ethereum already in your hot wallet.

 

5. VERIFY YOUR TOKEN

Your GN3 token will appear in your hot wallet once the transaction is complete. Be sure to create your membership after purchasing by visiting goldenno3club.com/membership.

Frequently Asked Questions

About the Process & Transaction

About the Club

About Membership & Reservations

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