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Golf Startup Raises $ 10.5 Million From NFT Sales By CoinTelegraph

© 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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