LinksDAO to Launch LINKS Token on Base Blockchain for Community Engagement
LinksDAO is launching a community token named LINKS on the Base blockchain to enhance its golf-focused network while adhering to regulatory standards. Founder Mike Dudas emphasized the cultural and financial potential of this initiative.
- The token launch follows a 2022 NFT venture that raised $10 million, amid a now-collapsed NFT market.
- The NFT market has seen a 97% decline in value since early 2022, shifting investor interest towards meme coins.
- LinksDAO has expanded in the golf industry by acquiring a Scottish golf course and targeting Hillcrest Golf Course in Kansas City for renovation.
- The LINKS token aims to promote community engagement rather than financial speculation, with one-third of its supply allocated to LinksDAO NFT holders.
- The agreement for partial ownership of Hillcrest Golf Course awaits approval from LinksDAO’s NFT-holding members.
- Heineman, the current owner, highlights a shared vision with LinksDAO for reimagining golf club ownership.
LinksDAO seeks to create a sustainable ecosystem combining blockchain technology with golf, aiming for longevity beyond speculative trends.