- 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.
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.
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