Though Golf is a global sport and played around the world, there is a big gap between professional players and fans of this wonderful sport. For one, golf fans have limited ability to actually participate in their favorite professional players' games. Fans and enthusiasts looking to monetize their golf knowledge and skills have limited options available, most of which, including sports bettings, are vulnerable to fraud and lack transparency. This will change with the introduction of Dr. Shank's Project.
Dr. Shank's Project was created as an exciting digital world for the fans and enthusiasts of Golf. It gives you the unique opportunity to realize your dream to become more than just a fan and use your golf knowledge and skills to become more involved in the game.
NFTs (non-fungible tokens) are the primary and most important part of Dr. Shank's Project. The first phase will involve creating, tokenizing and selling unique digital art (Eagles) built with innovative 2D designs and around 60 different assets mixed up. The Eagles NFTs will be launched in the second quarter of 2022 and sold exclusively on the Dr. Shank Website.
Shankoin cryptocurrency will be developed as the native digital golf coin for Dr. Shank's project with the intention to reinvent Golf's Economy through the use of a highly convenient and secure digital currency. The aim is to make Shankoin the most preferred medium of payment for all kinds of golf related transactions online and offline.
Dr. Shank's project and the organization will become a decentralized entity or DAO (Decentralized autonomous organization), called Shanker's DAO.
MetaShank will be built as a unique Virtual World (MetaVerse) of Golf, where golf players, fans and enthusiasts can come to escape their daily lives and play their favorite game virtually without having to go to the course.
Shank GLOF is an upcoming global network of Golf courses connected through blockchain that will enable community users to visit and play at many world-class golf courses using the Shankoin.Dr. Shank will purchase or create golf courses around the world, to which the community members will have seamless access. Shankoin will be the primary currency for transactions, and the membership will also be sold in the form of NFTs that can be purchased using Shankoins. Holders of Shank Eagles NFTs will have priority.
Ideation - Conceptualization of the Universe of Dr. Shank. He is the first Shanker on the Blockchain.
Dr. Shank's Eagles (NFT) Development & Launch - Unique pieces of Digital Art will be created by our team of experienced artists and designers and will be made available for minting by the start of the summer. The minting of NFTs is expected to start in the second quarter of 2022.
Shankoin Development & Launch - 2023 - The official native digital coin of Dr. Shank's Project is in development and will be ready for launch by the first semester of 2023.
Shankers Dao Development - 2023 - After the coin is successfully created and deployed in the market, Dr. Shank's Project will become a DAO (decentralized organization)
MetaShank Launch - 2023 - The development of the Shank GLOF metaverse will start soon and the same is expected to be launched by the end of 2023.
Shank GLOF - 2024 - We are in the process of creating a global community of golfers and physical golf courses connected through blockchain.
Golf's market is very large. As of December 2021, there were more than 66 million active golf players and over 40,000 registered golf courses in the world.  
The number of active golf players increased rapidly from 61 million in 2016 to 66.6 million in 2021. That's a hugely positive trend and suggests that almost 1 million new golfers joined the sport every year between 2016 and 2021.
Another interesting point to note is the age of the new generation of golfers. As of April 2020, almost 20% of all golf players were in the 10-40 years age group, as against 5%-7% in 2015. This shows rapid growth in the number of young players of golf in recent years. This is also why younger PROs are becoming so common these days.
Another noteworthy fact is the growing number of golf fans around the world. As per a recent report, there are over 450 million golf fans globally and increasing. And this growth is expected to continue in the coming years.
While the global golf market is vast and growing at a rapid pace, golfers, players and fans still have to struggle with many problems that are consistent in all countries. Some of the most common problems of the golf industry include -
For like ever, golf has been considered a sport for the rich and wealthy. People with limited resources or money are generally not considered suitable for the game. This needs to change. Just like every other global sport, golf should become more mainstream and allow more equal opportunities for every player, big or small, in the world. Everyone, irrespective of their origin or financial status, should get an equal chance to showcase their golf skills and become a PRO if they truly deserve to.
This is one of the major problems in the current scenario around golf. Though there are more than 450 million golf fans in the world, the number of platforms or venues offering these golf fans the ability to monetize their golf knowledge and skills is far lower. Most of the existing golf betting or gambling platforms are centralized, lack transparency and are too focused on their own profits rather than giving the best facilities to their users.
At the same time, not all golfers and fans worldwide have access to the best quality golf courses where they can play using the best resources and learn advanced golf skills in order to fully realize their potential and become a pro.
As of now, the options available to fans looking to book tickets for golf tournaments, purchase accessories and merchandise, etc. are limited. Moreover, these are complex and expensive, especially when someone is looking to buy merchandise of an international golfer or team.
As you may very well know, the golf industry is centrally controlled, with players and fans having little say in how institutions manage or operate the game. This has the risk of the sport becoming more profit-oriented and less driven by sportsmanship.
Many traditional golf management systems, including clubs and tournaments, lack transparency in everything from how they manage the sport to the payment of fees, profits, penalties for misbehavior, and how the income is used to grow the sport. The case of Matt Jones being in the news for having fired his putter into the pond and controversy around him being (or not being) fined for this act is the recent example of how little privacy there is in top golf tournaments. We still do not know whether he was actually fined for his actions during the game.
This may not always be in the favor of the members, fans and players.
Fans and golf enthusiasts who want to utilize their golf knowledge or want to monetize their skills have limited options available.Yes, they can bet on golf tournaments and games through online sports betting platforms, but even that option is not completely secure, fair and free of risk. The cases of sports betting frauds are not uncommon. Examples include ghost matches, false records, unlawful content, illegal setups, among others.
The popular sports betting platform 1XBet was, recently, found to be engaging in illegal activities in Russia , which resulted in its license being canceled in the country and the operator being sentenced to three years in prison. There are many similar instances of online betting platforms being found to be engaging in illegal activities or operating without a license.
For those who want to learn the game or improve their golf skills, the available options such as expert golf courses or training facilities are limited, inaccessible or very expensive. Courses and training related to golf are often too costly for everyone to afford. This is a major reason why Golf is often considered a rich men's sport.
Last but not the least, the current golf market offers limited options or access to those who want to get associated with the sport by investing directly in their favorite player or tournament. Some of the available options include Golf Stocks, Golf Suites, Golf Property, or investing directly in a golf professional or tournament.
These are just a few of the many problems that the players, fans and participants in the golf industry face every day. Blockchain can help solve most, if not all, of these problems with the inclusion of a transparent and inexpensive sports management system.
Dr. Shank's Project will be working on creating blockchain-based solutions for the various problems of the Golf industry while giving more access to the fans along with the ability to more actively participate in golf games and tournaments around the world.
Our products include Dr. Shank's Eagles, Shankoin, Shanker's DAO, MetaShank, and Shank GLOF.
Dr. Shank's Project aims to help solve the various problems of the golf industry and provide a verified means for golf fans to get more actively associated with the game through the use of the most advanced blockchain technology, NFTs and cryptocurrency.
Dr. Shank's Eagles (NFTs), which is the first major product of Shank's project, will allow users to get more actively involved in the game by minting and trading NFTs to get a chance to win Ethereum for popular golf tournaments. They can use their golf knowledge to trade the best NFTs and win unlimited profits. Read more about NFTs in detail in Chapter 4.1.
Shankoin is a digital asset that can be used as a currency to accept/make payments related to golf, such as ticket booking, store purchases of accessories & golf equipment, practice sessions and to bet on global golf events and tournaments. In addition, the digital coin can be used to reward those who play and win golf competitions in the metaverse.
MetaShank, which is a blockchain-based metaverse for golf players and fans, will reduce the need for having an actual golf course in order to play and enjoy the game. Anyone can go to the metaverse to play golf with their friends and family without having to go to an actual course.
Through Shank GLOF - a global network of connected golf courses, users will get exclusive access to many top golf courses around the world. They can purchase GLOF memberships (NFTs) using Shankoins.
Shankoin and Dr. Shank's Eagles will collectively provide an extraordinary means for people to get associated with the game and earn ETH by owning NFTs of players in top golf tournaments and events such as PGA, LPGA, European Tour, Ladies European Tour, and many more.
Dr. Shank's Project is based on a decentralized blockchain technology, which will ensure high transparency and security in the system and give more access and control to the users, including both players and fans. It will remove the need and cost of middlemen in golf transactions like betting, equipment shopping, ticket booking and others, as well as help upgrade (automate) the way the sport is managed across the globe.
In addition, the platform can be used to provide users with seamless access to the best golf training and courses from top experts on the planet.
The ultimate goal of Dr. Shank's Project is to become the most comprehensive, popular and used virtual, blockchain-based NFT platform for golf fans and enthusiasts.
Dr. Shank's Eagles are the premises of Dr. Shank's Project. It is our first product and one that will generate outstanding profits for our members.
The founding of Dr. Shank's Eagles is through Digital Art. All Dr. Shank's Eagles are unique pieces of digital art centred around the sport and renowned personalities of golf. The NFTs are under development and will be officially released in Q2 of 2022.
There will be a total of 9,999 Dr. Shank's Eagles in the series. Out of these, around 2,000 will have a name/surname in the metadata of a professional player.
You can adopt one of Dr. Shank's Eagles in the two following ways:
Minting, in regards to NFTs, is the process of taking a digital asset and converting the digital file into a digital asset stored on the blockchain. Making it officially a commodity that can be bought and sold.
In order to become the proud owner of an Eagle, you will mint it through Dr. Shank's website during the launching date.
The funds raised during the minting of the Eagles will be used as follow :
Buy Dr. Shank's Eagles on OpenSea
Once the initial minting is over, you will be able to buy a Dr. Shank's Eagle on Opensea.
Opensea is the largest and most popular NFT marketplace.
Every Dr's Shank trade is subjected to a transaction fee equal to 5% of the transaction value. This special Shank Tax is automatically transferred to the Reward Pool. It helps to maintain the sustainability of the Game.
These 9999 Eagles will be categorized in the following four parts based on the different levels of players in golf.
1. The Legends (caricatures, around 10)
2. The Ambassadors (caricatures, around 20)
3. The Pros (generated randomly by combining various assets, with the name of approximately 2000 players of the PGA, LPGA, European Tour and Ladies European Tour in the metadata)
4. The Amateurs Hours (generated randomly by various different assets)
Each of Dr. Shank's Eagles will have one base character. They will come with various traits that will make each of them rare and unique
All Dr's Shank eagle's traits have been carefully taught with Golf at its center. They have been created by expert designers and artists helped by some Shankers to make each of them unique.
Pro's trait will be randomly generated and can be identified in the NFT's JSON. It will appear on the properties on Opensea.
All the players will be taken from the publicly available list of the PGA, LPGA, European Tour and the Ladies European Tour.
This NFT reward system is quite unique and has been thought to incentivise the holders of Dr. Shank's Eagle.
By owning and hodling the eagles, you are entitled to different rewards depending on the category of it (Legendary, Pro and Amateur Hours)
If you own one of the “Pro” Eagles, you automatically enter the exciting Reward System Pool (RSP). If the player you hodl finishes the selected championship on 1st , 2nd or 3rd place, you will be awarded some ETH.
Each year, rewards are awarded for the following selected tournaments:
The Payouts will be made in the following manner & schedule for each of the selected tournaments:
If your player ends up in the first place, you'll receive 3% of the total reward pool, 2% if your player finishes at the second position, and 1% if your player finishes 3rd in the final table of the respective game.
We believe in equality, which is why prize money will be the same for female and male players.
Besides the above-mentioned rewards, Dr. Shank's Eagles holders will also receive rewards for other golf events, including Ryder Cup, President's Cup and Solheim Cup.
For every Ryder Cup, President's Cup and Solheim Cup event, 6% of the total available Reward Pool will be equally shared between those who hold the NFTs of the players who belong to the winning team (including captains).
Dr. Shank's Reward Pool System (RPS)
The reward pool is a vital part of Dr. Shank's project. It's a sustainable liquidity pool that is created with 40% of the sale of the Eagles at the moment of the minting.
The reward liquidity pool is securely stored with a smart contract in order to secure the prize money through the tournaments.
To achieve the long term sustainability of the RPS, a tax of 5% will be collected on every transaction of the eagles and added to the pool.
We are proud to launch a unique and exclusive apparel line imagined by Dr. Shank.
As we are a true believer of equality, we decided as not all Eagles of Dr. Shank will be entering the RPS, to entitle every owner of more than one to have access to some exclusive merchandising.
All merchandising (Hoodies, Polos, Shirts, Caps, Beanies, Driver cover,...) will also be available to purchase through our upcoming online shop.
The eagles are minted and stored in the Ethereum blockchain.
The use of the Eagles is powered by smart contracts developed on the Blockchain to ensure transparency and security.
Ethereum Blockchain was chosen for several reasons (smart contracts, Dapps, high security, fast deployment, network size,...) but mainly as it is the most commonly used in NFT projects.
One of the major issues of The Ethereum Network is the network fees that have been skyrocketing in the last years due to its growing popularity. This issue will disappear in the coming months as Ethereum 2.0 is expected to launch.
By being on the Ethereum Blockchain we ensure that your unique Eagle is a real Dr's Shank and not a fake one as it is impossible to hack into the blockchain.
This cryptocurrency will be created in order to digitalize the Golf economy across the world.
To make it easy to use for everyone, we will build our own Defi Wallet.
Shank's wallet will allow you to flawlessly spend your Shankoins in the Golf's economy (purchase, gambles, membership,....). It will be accepted not only online but also in physical stores.
Some of the upcoming products include:
We also intend to build into our DeFI wallet the possibility to stake your coins in order to earn high interest by only holding the coins in your wallet.
Shank Coin will also act as the digital currency of Metashank.
As Dr. Shank's Universe is a community project, we decided that the owner should be the shankers and not as traditionally owned by a handful of people.
To achieve that we decided to go for a DAO once the two first steps of the road map are achieved (Eagles / Shankoin).
All the shankers will have their word to say by holding Eagles, Shankoin or any other release.
As a member, you will have the opportunity to vote on important decisions in the project.
Dr Shank has been living alone in the blockchain for quite some time and we are proud to announce that in order for him to be back in the Golf Course we are creating our own Metaverse.
MetaShank will be a digital world where you can escape your daily life and play your favorite sport without having to go to a physical course.
Dr. Shank's Eagles are the key to the MetaShank - it will be your Digital Avatar in the Metaverse.
We are working to create a digital universe (Metaverse) dedicated to the game of golf, where members will have full freedom to go play in their favorite Golf courses, hang out with friends in the clubhouse and even purchase their own house or land using Shankoins in the virtual universe.
Shank GLOF is the ultimate vision of Dr. Shank - bridging the digital and the reality.
Through Shank GLOF, we will create or purchase Golf Courses around the world and make them to the image of our beloved visionary.
It will be one of the first digital Networks of Golf courses around the world.
The Shankoins will be the native currency of our Golfs and the Eagles the mark of the founding members.
The Eagles will allow you to position yourself in the front line to buy the first membership. The membership will also be an NFT.
Your membership will allow you to play all around the world in Shank's Golf.
A little Eagle told me a very well kept secret that the first club in Europe is already in sight…
Prospective users of Dr. Shank's project includes golf players, fans and everyone who is enthusiastic about this sport or wants to win ETH by owning the most unique golf NFTs.
Though the primary purpose of Dr. Shank's Project is to bring innovation to the Golf industry through the use of next-gen technologies such as blockchain and NFTs, we have not forgotten about our esteemed members and are offering a number of ways for people to generate big profits out of their investment in Dr. Shank's Project.
There are multiple ways to benefit from Dr. Shank's Project, both monetary and non-monetary. These include:
Buy and seamlessly trade Dr. Shank's Eagles and earn profits without a limit. Become proud owners of the most unique and exclusive Golf NFTs. Collect them or sell them to the highest bidder. Get rewarded for simply holding our wonderful NFTs. For every selected golf tournament or event, we give away free ETH to those who hold NFTs of winning teams and players.
Other benefits include an opportunity to more actively participate in your favorite sport, generate an income by trading Dr. Shank's Eagles, profit from a potential increase in the Shankoin's value, and win exciting rewards for popular golf tournaments.
Why should only the players have all the fun?
Thanks to Dr. Shank's NFTs, you can now participate more actively in your favorite sport by purchasing and collecting NFTs that represent unique, high-quality pieces of golf digital art. Each Dr. Shank's Eagles is unique, and by purchasing an NFT you can become the sole owner of the associated digital art.
** The value of NFTs is based on their rarity and demand in the market. The more popular and rare an NFT, the more value it will have.
Dr. Shank's Project will offer rewards for selected golf tournaments around the world.
Shank Rewards gives you a unique opportunity to monetize your golf knowledge and skills. By playing virtual games or betting on global golf events or simply buying and holding Dr. Shank's Eagles, you can win exciting rewards, including free coins. If you own one of the PROs, you automatically belong to the “Reward Pool”, where you will win ETH if your player finishes in the top 3 positions of selected tournaments.
Also, for every Ryder Cup, President's Cup and Solheim Cup event, 6% of the total available Reward Pool will be equally shared between those who hold the NFTs of the players who belong to the winning team (including captains).
There are many more rewards and opportunities for the members of Dr. Shank's community.
Just like any other non-fungible token, Dr. Shank's NFTs can be traded on the exchange.
Each Dr. Shank's Eagles is unique and different from others, so they cannot be replaced. However, users can buy and sell their NFTs to make a profit from them. Here's how.
Post-launch, Dr. Shank's NFTs will be listed on a leading NFT exchange for global trading. Those who own Dr. Shank's Eagles can use this exchange platform to sell their token to the highest bidder and make a profit. A Dr. Shank's Eagles can be traded unlimited times.
Another way to earn with Dr. Shank's project is to buy and hold (HODL) the native coin.
The value of the Shankoin is linked with that of Dr. Shank's project, including the NFT platform, the Shank Metaverse, Shank GLOF and others. As the popularity and value of Dr. Shank's project increases in the market, so will the value of our coin. Anyone who chooses to buy and hold Shankoins now will see a huge increase in their returns over time.
The BEST TIME TO BUY Shankoin is during the presale, which will be launched shortly. More details coming soon...
Dr Shank is the visionary behind this exciting project. He has been warped into the blockchain since the beginning of this new digital era a few years back,
Even though he used to be the “Shank God”, he missed golf as there was an empty void in the blockchain.
He decided to reimagine Golf in the digital space by exploring different ideas he came across when traveling in the Blockchain.
***Shank has a very specific meaning. It's when a golfer hits the ball with any part of the club other than the face. This is hard to do, since a golf club doesn't have a lot of parts. The hosel is the main offender. Needless to say, it's quite a bad shot that lots of people make fun of.
Dr. Shank's team is composed of talented designers, artists, professional golfers, developers and entrepreneurs from different industries with wide experience in the crypto space.
As we want to fulfill our promise of a decentralized autonomous organization, we decided to keep the team members anonymous.
There will be no owner of the project. Through the DAO , the community will be the owners of this wonderful project.
The eye of Shankamotto is one of the special powers of Dr. Shank. It is said that once the eye is open, it scouts some young golfers and helps them financially to fulfill their dreams to become Professional Golfers.
Once the eye of Shankamotto has decided, the young golfer becomes Dr. Shank's pupil.
What is it?
A Sponsorship system for the most promising young Golf Players in the World.
How will the Pupils be selected?
Through golf competitions and games.
What're Shank's Pupils?
The selected young golfer will get a sponsorship to study in the USA, Dubai or any other relevant location.
The sponsorship includes all the Golf training and competitions as well as their education.
Terms and conditions will be revealed in the upcoming months.
NFTs are tokens that we can use to represent ownership of unique items. They let us tokenize things like art, collectibles, and even real estate. They can only have one official owner at a time and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.
NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable with other items because they have unique properties.
Fungible items, on the other hand, can be exchanged because their value defines them rather than their unique properties. For example, ETH or dollars are fungible because 1 ETH / $1 USD is exchangeable for another 1 ETH / $1 USD.
Blockchain is the name of a whole new technology. As the name states, it is a sequence of blocks or groups of transactions that are chained together and distributed among the users.
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
– Don & Alex Tapscott.
In the end, it works as an immutable record of transactions that does not require relying on an external authority to validate the authenticity and integrity of the data. Transactions are typically economic, but we can store any kind of information in the blocks
DAOs are an effective and safe way to work with like-minded folks around the globe.
Think of them like an internet-native business that's collectively owned and managed by its members. They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organization has a voice.
There's no CEO who can authorize spending based on their own whims and no chance of a dodgy CFO manipulating the books. Everything is out in the open and the rules around spending are baked into the DAO via its code.
Why do we need DAOs?
Starting an organization with someone that involves funding and money requires a lot of trust in the people you're working with. But it's hard to trust someone you've only ever interacted with on the internet. With DAOs you don't need to trust anyone else in the group, just the DAO's code, which is 100% transparent and verifiable by anyone.
This opens up so many new opportunities for global collaboration and coordination.
The metaverse refers to both current and future integrated digital platforms focused on virtual and augmented reality. It is widely hyped as the internet's next frontier and seen as a significant business and financial opportunity for the tech industry and other sectors.
In the vision for the metaverse articulated by social media and technology companies, devices like virtual reality headsets, digital glasses, smartphones, and other devices will allow users access to 3-D virtual or augmented reality environments where they can work, connect with friends, conduct business, visit remote locations, and access educational opportunities, all in an environment mediated by technology in new and immersive ways.
The metaverse is not just one type of experience. Instead, it refers to a continuum of immersive digital experiences that will be available to users in the future and which will allow them to engage in a range of different activities in completely digital spaces. That could mean participating in a massive virtual reality multiplayer game accessed through a VR headset or experiencing integrated digital and physical spaces such as location-specific immersive digital content from business users who are visiting via digital glasses or smartphones.
The metaverse therefore isn't one digital space but a number of digital spaces and experiences currently being created by companies to offer more realistic and immersive digital experiences. The technology has a range of potential functionalities from augmented reality collaboration platforms that can enable better collaboration and integration to work productivity platforms for remote teams that might, for example, allow real estate agents to host virtual home tours.
Currently, some aspects of the metaverse are integrated into existing internet-enabled video games such as Second Life, Minecraft, and Fortnite. These games offer immersive social and virtual experiences that have a persistent virtual world in which players from around the world can engage simultaneously. While not synonymous with virtual reality, the metaverse will offer more of this type of virtual reality experience.
Many social media and tech companies such as Meta Platforms (formerly Facebook) and Microsoft are investing heavily in Social VR with the goal of creating platforms where people can connect socially or work remotely via platforms like Microsoft Teams.
Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down.
It's the world's programmable blockchain.
Ethereum builds on Bitcoin's innovation, with some big differences.
Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also use it for lots of different digital assets – even Bitcoin!
This also means Ethereum is for more than payments. It's a marketplace of financial services, games and apps that can't steal your data or censor you.
So step into the bazaar and give it a try…
DeFi is a collective term for financial products and services that are accessible to anyone who can use Ethereum – anyone with an internet connection. With DeFi, the markets are always open and there are no centralized authorities who can block payments or deny you access to anything. Services that were previously slow and at risk of human error are automatic and safer now that they're handled by code that anyone can inspect and scrutinize.
There's a booming crypto-economy out there, where you can lend, borrow, long/short, earn interest, and more. Crypto-savvy Argentinians have used DeFi to escape crippling inflation. Companies have started streaming their employees' wages in real-time. Some folks have even taken out and paid off loans worth millions of dollars without the need for any personal identification.
Smart contracts are the fundamental building blocks of Ethereum applications. They are computer programs stored on the blockchain that allows us to convert traditional contracts into digital parallels. Smart contracts are very logical - following an “if-this-then-that” structure. This means they behave exactly as programmed and cannot be changed.