After raising $10.5 million from its NFT sale, linksdao is one step closer to buying a golf course. 0x_bae and elitanjourno report
lives on with a market cap north of $600 million, netting initial investors some serious gains and spawning spin-off efforts hoping to learn from its mistakes. In addition to the completed NFT sales, LinksDAO says it will launch a LINKS governance token soon.
Holders of either of LinksDAO’s two NFTs are expected to receive an allocation of LINKS, with holders of the higher-tier Global Membership receiving four times the number of tokens awarded to the lower-tier Leisure Membership. The group’s vision comes as DAOs increasingly eye real-world assets, thinking up creative projects to onboard first-time crypto users. It also draws from NFT projects likeSince launch, LinksDAO has built a fervent following on social media, raking upOn Sunday evening, the public minting of LinksDAO’s two NFTs – the “Leisure Membership” and higher tier “Global Membership” – sold out in mere hours, generating $10.5 million in funds from a collection of 9,090 NFTs.
While the geographic location of the course will ultimately be decided by a vote of its token holders, a representative told CoinDesk the preliminary interest is largely concentrated in the greater New York and Miami areas.As of Monday afternoon, the NFTs were trading onat a floor price of 0.3 ETH for the Leisure Membership and 0.89 ETH for the Global Membership.
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