The New York Times' This Social Club Runs on Crypto Tokens and Vibes covers the social club Friends With Benefits (FWB), which the article describes as a "decentralized Soho House" and a V.I.P. lounge for crypto's creative class." Key quote:
Friends With Benefits is what's known as a decentralized autonomous organization, or D.A.O. — a kind of digital co-op that uses cryptocurrency tokens to coordinate access, make payments and vote on group decisions.
Friends with Benefits works like an online country club. Key quote from Wunderman Thompson's Crypto Clubs article:
Like a country club, membership is selective, vetted and tiered. To join, prospective members must submit a written application, which a committee of current members reviews. Once approved—only 20% of applicants are admitted—admittance requires a minimum buy-in of $FWB tokens, the club's proprietary cryptocurrency, which represents meaningful ownership in the organization.
The last time we checked, it cost about $4,000 to buy enough $FWB tokens to be considered for full membership. The price moves with the price of the $FWB crypto token.
In addition to online activities and access to their Discord server for online chats, FWB also hosts IRL (in real life) events in several cities.
FWB is by far the best-known crypto club. But there are more every day.
A good example is Flyfish Club, which they describe as:
"... the world's first member's only private dining club where membership is purchased on the blockchain as a Non-Fungible-Token (NFT) and owned by the token-holder to gain access to our restaurant and various culinary, cultural and social experiences."
In addition to their members-only restaurant in New York City, they plan on providing IRL events and online activities.
They have two membership levels (shown below, click to enlarge).

A regular membership costs 2.5 ether, about $7,500 at today's prices.
The $12,500 option provides access to their "club within a club" Omakase room. The club is expected to open early next year.
These clubs sound exclusive at best, silly at worst.
But the use of cryptocurrencies and NFTs allows new forms of membership models and business models. They also make it easier for members to have ownership in the clubs and profit from them.
Most new crypto clubs allow members to rent or sell their memberships. So if the price goes up, members can profit. They can also lose money. The price of FWB's tokens, for example, has fallen quite a bit since last year.
New business and membership models that make it easier and cheaper to create and operate crypto clubs likely mean we will see many more in the future.