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June 25, 2024, Chicago, USA, Chainwire
GolfN is the first golf app to harness the power of tokenization and digital collectibles to allow members to earn rewards for playing and participating in real-world sports.
GolfN, Inc. announced today that it has closed a $1.3 million pre-seed funding round. In this round, prominent blockchain investors participated, including key figures and projects from the Solana ecosystem: CitizenX, Fourth Revolution Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Asymmetric Financial). As a first step towards building a gamified Play-to-Earn (P2E) mechanism for real-world sports, GolfN will offer a premium digital caddy app that will compete with current competitors in the market and combine with Web3 rewards.
“Despite the high cost of playing, golf attracts nearly 67 million people worldwide,” said Jared Phillips, CEO and co-founder of GolfN. Currently, the more golfers play, the higher the payout. The free-to-use GolfN app will not only help users play better, but the more you play and participate, the more money you will earn and the better golf you will play.”
In March 2024, GolfN launched the Genesis Collection of NFT golf clubs through the Solana Network. Available in various rarities, clubs are the key to unlocking expansive rewards in the GolfN ecosystem. Mint, hosted on Tensor Launchpad, one of the leading digital collectibles marketplaces, sold out in less than an hour.
The increase will be allocated to the development and expansion of the GolfN app, community and ecosystem. The GolfN mobile application, which will be released in open beta later this year, will bring GolfN's Web3 gamification layer to real-world golf games. Using the app as a digital caddy and social platform, players can equip themselves with collectible digital golf clubs to earn rewards during each round, track side games, and organize leagues with friends. For players who do not purchase GolfN's digital collectible golf clubs during the mint period, the company will offer monthly membership subscriptions for rental NFT clubs available to collectors.
Introduction to golf
GolfN is redesigning golf engagement for the decentralized digital age. With a focus on innovation, community and sustainability, GolfN is committed to enriching the golf experience for golf enthusiasts of all levels. In addition to creating the first digital collectibles for real-world sports like golf, GolfN is developing a gamified social caddy app for on-course play that golfers can use to play better and earn blockchain convertible rewards .
For more information, visit GolfN official website | Twitter(X) | discord | youtube
contact
james carney
Operations Manager
Golf & Co., Ltd.
(email protected)
+1 708-365-9327
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