LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course

The decentralized autonomous organization (DAO)-operated golf startup, LinksDAO, may soon put in an offer to purchase the newly marketed Spey Bay Golf Club in Scotland worth about $900,000. 

LinksDAO — self-described as a “global group of golf enthusiasts” that is on a mission to build the “world’s greatest golf community” — officially opened the proposal vote on Feb. 20, which came after a few weeks of informal deliberation.

It would be the DAO’s first ever golf course purchase.

few things in life are more fun than doing what you said you were going to do, regardless of adversity

i will love the @linksdao core team, contributors and members forever for delivering 110%

bear markets mean nothing when passion meets greatnesshttps://t.co/1iqvi1sHIx pic.twitter.com/qQGLYxlB9F

— Mike Dudas (@mdudas) February 21, 2023

While voting officially closes on Feb. 22 at 12pm Eastern Time, over 88% of the 4,100 LinksDAO token holders have already voted in favor of the proposal.

If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will meet with the relevant parties required to construct a “compelling offer” for the purchase of the 18-hole golf course “with the full intent of successfully purchasing the golf course,” the proposal stated.

The authors of the proposal — “Bez”, “Jim”, “cbruce”, and “nickwalkermsu” — explained that while much of the DAO’s research efforts have gone into finding a suitable golf course purchase in the United States, “this listing was too special to ignore.”

“In our search for our first golf course to purchase, we have identified a promising property in Scotland called Spey Bay Golf Club. This vote is to determine if we should move forward with submitting an offer and working to purchase the course.”

The authors added that the course is…