© Reuters. Golf startup raises $ 10.5 million from NFT sales No sector of the economy or life is safe from the non-fungible token (NFT) rush
© Reuters. Golf startup raises $ 10.5 million from NFT sales
No sector of the economy or life is safe from the non-fungible token (NFT) rush or tokenization. Golf is the latest sport to have succumbed to the lure of NFTs and a round of decentralization thanks to the efforts of LinksDAO.
In an NFT auction that was sold in its entirety, LinksDAO raised $ 10.5 million to fund its golf aspirations. Over 9,000 “leisure membership” and “global membership” NFTs were purchased on the OpenSea platform and paid for with Ether (ETH).
- Annotation! Goal! Knockout! Cryptocurrencies and sports coincide in 2021
Apparently, while 2021 was a prosperous year for decentralized autonomous organizations (DAO) activity, with some treasuries increasing in value 40-fold, golf is now also driving the adoption of crypto assets.
Read the full article on Cointelegraph
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