LinksDAO, a golf business run by a decentralized autonomous organization, is considering placing an offer to purchase the recently listed Spey Bay Golf Club in Scotland, estimated to be worth approximately $900,000.

After a few weeks of informal discussion, voting on the proposal was officially opened on February 20 by LinksDAO, which describes itself as a “global group of golf enthusiasts” with the goal of building the “greatest golf community.” biggest in the world”. This event followed the official opening of voting on February 20.

It would be the first time the DAO has bought a golf course.

At the time this article was written, more than 88 percent of LinksDAO’s 4,100 tokenholders had already voted in favor of the proposal. The voting period will officially end on February 22 at 12:00 pm ET.

The proposal states that the LinksDAO acquisition committee will meet with the required relevant parties to build a “compelling offer” for the purchase of the club “with the full intention of successfully purchasing the golf course” in the event that the final account stay in favor of the purchase

The authors of the proposal, who identified themselves as “Bez”, “Jim”, “cbruce” and “nickwalkermsu”, explained that although most of the DAO’s investigative efforts have focused on locating the purchase of a field of golf proper in the United States, “this listing was too special to ignore.”

“During the course of our search for a golf course to purchase, we came across a potentially advantageous piece of real estate in Scotland known as Spey Bay Golf Club. The purpose of this vote is to decide whether or not we should proceed with creating an offer. and working to buy the course.

The writers also said that the course is “playable now” and mentioned that the course’s high ceiling compared to its cheap price makes it a worthwhile investment.

According to the authors’ explanation, “even a price that is four times the ‘recommended price’ would be lower than most of the lower courses we have reviewed so far in the United States.”