Crypto Golf Club LinksDAO to Launch LINKS Token on Base Blockchain

LinksDAO Expands Digital Assets with LINKS Token Launch and Acquires Stake in Historic Golf Course

  • LinksDAO is launching LINKS token on Base Blockchain, with one-third allocated to existing NFT holders.
  • The organization secured a minority stake in Hillcrest Golf Course, expanding beyond their Scottish golf club acquisition.
  • Market conditions show NFT interest has declined 97% since January 2022, according to CryptoSlam’s NFT Index.
  • The new token aims to enhance community engagement rather than serve as a speculative investment.
  • Membership to Hillcrest’s national program will be exclusive to LinksDAO NFT holders.

LinksDAO, the crypto-golf collective that previously raised $10 million through NFT sales, is expanding its digital assets portfolio with the introduction of a community token called LINKS, while simultaneously securing a stake in a historic Kansas City golf course.

- Advertisement -

The organization’s evolution comes at a time when NFT market valuations have plummeted nearly 97% since January 2022, forcing projects to adapt their strategies. Mike Dudas, LinksDAO’s founder, emphasized the regulatory compliance of the new token, stating: “We are going to be launching a community token that has deep culture, that’s embedded in the game of golf.”

The LINKS token distribution plan allocates one-third to existing NFT holders, with additional allocations reserved for members of prominent NFT communities like Pudgy Penguins and Bored Ape Yacht Club. The token will launch on the Base blockchain, a layer-2 scaling solution known for its efficiency and lower transaction costs.

In a significant development for their physical assets, LinksDAO has secured a minority stake in Hillcrest Golf Course, a Donald Ross-designed facility from 1915. The course, which underwent a $30 million renovation under owner Robb Heineman, will integrate LinksDAO’s NFT-based membership system for its national program.

Cooper Sherwin, head of community and co-founder, envisions widespread adoption: “The goal is to have every single golfer have LINKS in their crypto wallet.” This strategy represents a shift from pure NFT focus to a broader digital asset ecosystem, reflecting the evolving landscape of blockchain-based communities.

The organization’s governance structure, while incorporating member voting on proposals, maintains traditional corporate control rather than operating as a true decentralized autonomous organization (DAO). This hybrid model has helped LinksDAO weather the crypto market downturn while expanding its real-world golf course portfolio.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Previous Articles:

Stay in the Loop

Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

    1 Email per day. Unsubscribe at any time.

    - Advertisement -

    Latest News

    Coinbase Launches Decentralized Exchange Trading in the US

    Coinbase will add decentralized exchange (DEX) trading to its app for U.S. users, except...

    Presearch 3.0 Launch, New Partnerships, Node Beta Testers Needed

    Presearch prepares to launch version 3.0, aiming to significantly expand its platform capabilities. The project...

    ICP Empowers Users With Full Control Over Their Data Online

    The growing shift to online platforms increases the amount and value of personal data...

    S&P Global Gives Sky DeFi Protocol B- ‘Junk’ Credit Rating

    S&P Global gave decentralised finance platform Sky a B- credit rating, treating it as...

    BBVA Provides Off-Exchange Custody for Binance Crypto Assets

    BBVA has started to offer off-exchange custody for the Binance cryptocurrency platform. This service allows...

    Must Read

    9 DePIN Programs For Passive Income

    Here’s something most people don’t realize: your smartphone and PC can generate passive income with almost no effort.I’m not talking about clicking ads for...