CEO announces that LinksDAO has been successful in acquiring its first golf course.
LinksDAO token holders voted overwhelmingly in favor of making an attractive offer for the golf course in a governance vote which took place one month ago.
LinksDAO, a golf startup operated by a decentralized autonomous organization (DAO), has come out on top in a bid to purchase the Spey Bay Golf Club in Scotland. The club was originally listed at just over $900,000, and LinksDAO was able to prevail in the bidding process and become the new owner. This will mark a major milestone in the history of the organization and an exciting new chapter for the Spey Bay Golf Club.
We won the bid.
— Links (@LinksDAO) March 16, 2023
WE'RE BUYING A GOLF COURSE!!!
LinksDAO has emerged as the top bidder in a highly competitive auction for a sought-after item. According to reports, LinksDAO put forward the highest offer amongst several other potential buyers. With this impressive display of financial prowess, LinksDAO is now in prime position to acquire the item.
LinksDAO, a collective of golf enthusiasts whose mission is to create the world's greatest golf community, recently put in a bid following a decisive group vote. Of the 4,300 members of the community, 88.6% voted to approve the offer, indicating strong support for the project. The bid is the latest move for LinksDAO, which has long been committed to bringing together golfers from around the world and providing a platform for them to share their love of the sport.
The DAO is set to take a new step in its venture portfolio as it closes its first ever golf course purchase. If all goes according to plan, the DAO will be the proud owner of a new golf course, marking a milestone in the organization’s history.
We've entered into an exclusivity agreement to purchase Spey Bay Golf Course on the Moray coast of northern Scotland! Thank you to @GolfDigest for covering the purchase. Read more https://t.co/rAcfrvJsIe
— Links (@LinksDAO) March 16, 2023
The LinksDAO golf course is continuing to work through the details of its membership structure and has yet to confirm what benefits will be offered to token holders. The DAO, the organization behind LinksDAO, has not yet revealed any details as to what benefits LinksDAO token holders can expect when they join the golf course. The organization has said that it is still “working through the details” and will update the public once it has reached a finalized structure.
“It’s good, it’s going to be getting a lot better soon and we think it’s going to be great by this time or Spring time next year.”
Besvinick announced a potential deal that could see renovations to their golf course in the near future. If the deal is finalized, the course will remain open until the start of the renovations. This news has been met with enthusiasm from golfers who will be able to play at the course for a few more months.
Links, the iconic golf course located in the heart of the city, is taking steps to update its grounds. The golf course has "suffered from weather and erosion issues over recent decades," according to Adam Besvinick, head of strategy, who announced the news on the Twitter Spaces. In order to bring the course up to date and to improve its condition, Links is consulting a number of architects who specialize in remodeling and restoration. Once complete, the course is expected to provide golfers with an even better experience than before.
John Doe, the manager of ABC Site, has big plans for the future.
“Even a price triple the ‘guide price’ would be cheaper than most mediocre courses we have assessed thus far in the U.S.”
Despite attempts to contact Links for comment, Cointelegraph has yet to receive a response. Representatives from Links have not responded to inquiries regarding the matter, leaving the company's stance on the issue unclear.
