1 Billion KRW Korean Social Club ‘May Exclude People Who Made Money from Crypto’
2025-07-03 23:41:21
Main Idea
An exclusive South Korean social club, DYAD Cheongdam, with a KRW 1 billion annual membership fee, may exclude individuals who made their fortunes from crypto trading, according to a report.
Key Points
1. DYAD Cheongdam is a high-end members' club in South Korea, set to open in summer 2026, located in an affluent district.
2. The club has not disclosed specific membership criteria but may exclude successful crypto traders.
3. Membership is limited to individuals aged 19-60, and over 100 people have already joined ahead of its opening.
4. The club is styled after famous private clubs in New York, such as Casa Cipriani, but its membership fee is significantly higher.
5. DYAD's members include businesspeople, startup CEOs, and other affluent individuals, offering a mix of business and leisure activities.
Description
An exclusive new South Korean social club that caters to the super-rich and commands a KRW 1 billion ($734,290) annual membership fee could exclude people who made their fortunes from trading crypto , a report has claimed. A reporter from the South Korean newspaper Kookmin Ilbo visited the club, named DYAD Cheongdam, and wrote: “Not everyone with money can join the club. DYAD has not disclosed its specific criteria for membership. However, it is known that people with an excessive number of tatt...
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