⛳️ Community Fundraise Special Edition

Portion of equity raise offered to accredited members of LinksDAO

April 23, 2022

Community Fundraise Special Edition

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Check out our new website! 

In my dream mind, we are building the Walt Disney World equivalent for golf. When they put that park down in Orlando, FL many decades ago, it was 1/100th of what it is today. It really helped tie together a global pantheon of brands, aficionados, dreamers, and people who enjoy fun. I think we can do the same thing for sports, leisure & play, with golf at its core. 

Mike Dudas, LinksDAO Founding Team 

Good morning.

It's not everyday that you see a promising DAO allocate a portion of its seed round to members of its community. 

But that's precisely what LinksDAO did. For those of you that missed Mike's announcement in the Discord last week, we're extremely excited to let you know that a portion of the LinksDAO, Inc. initial equity raise has been reserved for accredited members of LinksDAO. 

Before you ask yourself "what's the catch?"... there is none. The terms that members invest on are the exact same terms as angels, strategic partners, leading golf brands, and VC firms around the world. 

As a community-driven project, member ownership is incredibly important to Mike, Jim, Adam, Chris, Cooper and the rest of the founding team. 

If you're an interested, accredited member, please head over to LinksDAO's AngelList page here for more information. The deadline to invest is April 29th. 

Let's dive in.

Terms and Structure

Accredited members of the community who invest in the seed round of LinksDAO, Inc. will be doing so through a SAFE, a type of investment agreement popularized by world-renowned startup accelerator YCombinator. 

SAFE stands for Simple Agreement for Future Equity. Essentially, this agreement means that investors are investing money now in exchange for a promise from LinksDAO, Inc. to allocate shares to those investors at a future date when a priced equity round is raised. 

SAFEs behave similarly to convertible notes, but it's important to understand that SAFEs are not debt. Debt instruments typically have an interest rate attached to them and a maturity date by which funds have to be repaid. SAFEs have neither of those things, but like convertible notes, they give the right to convert an investment into equity shares at a future trigger event. 

In addition, the current investment comes with a token warrant allowing investors to purchase $LINKS tokens in the future, should they be issued by LinksDAO, Inc.

We highly recommend you visit the below links to learn more.

Discord Podium

Mike will be holding a Discord Podium and be present in the Discord member chat for the next week prior to close in order to answer questions about the structure of the fundraise, use of funds and future plans to continue to grow LinksDAO!

A Peak Into the (Very Near) Future

We have accomplished so much in just the 112 days since mint. What's next?

  • Expansion of the corporate team alongside Jim and Mike

  • Partnership announcement with a major player in the golf ecosystem

  • Reciprocity Program launch

  • Linksdao.io token-gated "clubhouse"

  • Course management company signing

  • 10+ new merch items

The Mulligan Team

Nick (barbs) - Co-Founder & Project Driver

Daniel (dberk) - Co-Founder 

Drew (tonyhawkprogolfer) - Lead Editor

Annie (queenbehaviorchange) - Contributor

Austin (alanglinais7) - Contributor

Yianni (yianniputts) - Contributor

Jack (systemic_bliss) - Contributor

Tom (mogabgab.eth) - Contributor