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2/10

YC Approval Score

Web3 Called, It Wants Its 2021 Back

“You've weaponized two dead trends against one industry that hates change.”

The pitch

NFT-backed membership clubs for restaurants. Reservations on-chain.

This pitch is a time capsule from the OpenSea gold rush — NFT memberships for restaurants, the industry famous for 15% margins, paper menus, and owners who still fax suppliers. The blockchain solves exactly zero problems diners have. "My reservation confirmation is immutable on-chain" said no hungry person ever. YC watched 40 of these die in 2022.

What to fix (if you dare)

1

Ditch The Chain, Keep The Club

The actual interesting idea is exclusive restaurant membership with real perks — prove that works with a waitlist and revenue before touching any blockchain infrastructure.

2

Find The Pain, Not The Tech

Restaurants hemorrhage no-shows (up to 20% of reservations) — that's a real, monetizable problem. Solve that with software first, crypto never.

3

Get A Technical Co-Founder, Fast

If you're pitching on-chain reservations without a CTO who has shipped a production smart contract, YC will clock that in the first 30 seconds of your interview.

Genuine advice

Membership dining clubs (think Soho House for neighborhood restaurants) is a genuinely underexplored model — rip out the NFT layer entirely and you might have something worth piloting.

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