LinksDAO to Launch Community Token for Golf Enthusiasts on Base
LinksDAO is launching a community token, LINKS, alongside its 10,000 membership NFTs aimed at purchasing golf courses. The NFT market has declined significantly since LinksDAO raised $10 million in early 2022.
Key points:
- LINKS will be launched on the Base blockchain in the coming months.
- One-third of the token supply is allocated for LinksDAO NFT holders.
- Other allocations include members from Pudgy Penguins and Bored Ape Yacht Club.
- LinksDAO emphasizes that LINKS is not speculative or an investment but a community "enhancer."
- The goal is widespread adoption among golfers.
- LinksDAO recently acquired a golf club in Scotland and is pursuing partial ownership of Hillcrest Golf Course in Kansas City.
- Hillcrest Golf Course, designed by Donald Ross in 1915, is undergoing a $30 million renovation.
- LinksDAO will gain a board seat but decisions require approval from NFT-holding members.
Approximately 200 members participated in the announcement event, indicating LinksDAO functions more as a crypto and golf affinity club than a decentralized organization.