LinksDAO plans to pay US $900000 to acquire Spey Bay Golf Club in Scotland

It is reported that LinksDAO plans to pay 900000 US dollars for the purchase of Spey Bay Golf Club in Scotland. At present, the purchase proposal has begun to vote. If it passes, it will be the first time for a decentralized autonomous organization to purchase golf courses. It is reported that more than 88% of the participants voted in favour of the proposal. LinksDAO explained that the potential acquisition would be funded by its fund-raising funds, and the funds would be transferred from its treasury to the company’s bank account to support continuous operation. In addition, according to CoinGecko data, although it is not known how much money LinksDAO currently holds, its market value is currently about $4.34 million. (cointelgraph)

LinksDAO plans to pay US $900000 to acquire Spey Bay Golf Club in Scotland

Interpretation of this information:

LinksDAO, a decentralized autonomous organization, has proposed to purchase the Spey Bay Golf Club in Scotland for $900,000. The proposal has begun to vote, and if approved, it will be the first time a DAO purchases a golf course. More than 88% of participants have voted in favour of the proposal, and funding will come from the organization’s fundraising funds which will be transferred from its treasury to the company’s bank account. Although it is unclear how much money LinksDAO currently holds, its market value is approximately $4.34 million according to CoinGecko data.

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