The trending decentralized autonomous organization (DAO) dedicated to golf startup, LinksDAO won the bid to acquire the Spey Bay Golf Club, listed over $900,000 in Scotland by outperforming other competitors.
After winning the bid, the DAO is now looking forward to closing the deal with the vendors by the first week of April. Spey Bay Golf Club is the oceanside course situated at a naturally rich location, the mouth of the River Spey.
CEO Jim Daily stated on March 16 during a Twitter Spaces event that the DAO is currently going through a phase of “due diligence” before finalizing any agreements.
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Even though the listed price for a golf course is $900,000, the final price at the end of the settlement is expected to be more than the listed price, according to a report from Golf Digest.
However, the settlement will be classified until the completion of the agreement. The collective expects the property will come under its ownership in the next three to four weeks
LinkDAO strives to become the widest community for the golf course in the world, which grants its membership by selling NFTs.
