The Pellucid Perspective - January 2022 - 6

Trendspotting
Devito, Lindsay
and Koppenhaver
What's Ahead for 2022 and Beyond NFTs,
Blockchain, Cryptos, DAOs and Golf
By Stuart Lindsay
T
he picture above was sent to us by the NGCOA's Ronnie
Miles. It was taken of Jim K, our friend Damon Devito
and me at an NGCOA Mid-Atlantic Chapter meeting in
October. Ronnie jokingly suggested we create an NFT (non-fungible
token) because it was a rare instance with both Jim and me
smiling. All of us in the golf industry should have some reasons to
smile about 2021 - even those of us often portrayed as pessimists.
My friend, Peter Harrity from New Hampshire sent me an
article about " LinksDAO " and its 3 founders that intend to buy a
golf course using proceeds from an NFT sale. These guys reportedly
raised $10.4 Million in 48 hours selling about 9,000 unique
NFTs promising a " stake " in whatever they do with the money -
ostensibly buying a golf course. I had already seen the article, but
6 The Pellucid PersPecTive
Peter's questions cut to the chase - what does all this mean for me
as a golf course owner?
A DAO is a " decentralized autonomous organization " - a
Blockchain based collective that securely stores the terms, conditions
and smart contract rights for someone " buying " an NFT.
NFTs are purchased using a cryptocurrency (in this case, Ethereum).
Most of you have at least heard about the NFT phenomenon
- atheletes selling one-of-a-kind images, artists selling
unique digital paintings and who knows what else at values that
are hard to believe.
Without going into great detail, the brave new world of Blockchain,
cryptocurrencies and NFTs is real - very speculative, highly
unregulated and extremely mysterious; but real nonetheless.
January 2022
PHOTO BY RONNIE MILES

The Pellucid Perspective - January 2022

Table of Contents for the Digital Edition of The Pellucid Perspective - January 2022

TOC
COVID Succeeds Where Tiger Failed By Jim Koppenhaver
NFTs, Blockchain, Cryptos, DAOs and Golf By Stuart Lindsay
12 Activities; A trickle Led by Transactions
December GPH a Christmas Present at +29%, ‘21 Year Ends at +1%
November Utilization Drops Double Digits, Year Will Finish Above 60%!
The Big Apple at #6 in Latest Ranking, More Errant Golf Shots=More Broken Windows
The Pellucid Perspective - January 2022 - TOC
The Pellucid Perspective - January 2022 - COVID Succeeds Where Tiger Failed By Jim Koppenhaver
The Pellucid Perspective - January 2022 - 3
The Pellucid Perspective - January 2022 - 4
The Pellucid Perspective - January 2022 - 5
The Pellucid Perspective - January 2022 - NFTs, Blockchain, Cryptos, DAOs and Golf By Stuart Lindsay
The Pellucid Perspective - January 2022 - 7
The Pellucid Perspective - January 2022 - 8
The Pellucid Perspective - January 2022 - 9
The Pellucid Perspective - January 2022 - 12 Activities; A trickle Led by Transactions
The Pellucid Perspective - January 2022 - 11
The Pellucid Perspective - January 2022 - December GPH a Christmas Present at +29%, ‘21 Year Ends at +1%
The Pellucid Perspective - January 2022 - 13
The Pellucid Perspective - January 2022 - November Utilization Drops Double Digits, Year Will Finish Above 60%!
The Pellucid Perspective - January 2022 - 15
The Pellucid Perspective - January 2022 - The Big Apple at #6 in Latest Ranking, More Errant Golf Shots=More Broken Windows
The Pellucid Perspective - January 2022 - 17
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