Chicago, USA, June 25th, 2024, Chainwire
GolfN has become the pioneer golf app to harness the power of tokenization and digital collectibles to empower its members by allowing them to earn rewards for playing and engaging in a physical sport.
GolfN, Inc. has announced the successful completion of its $1.3 million Pre-Seed funding round. This round attracted investments from prominent blockchain investors, including influential figures and projects in the Solana ecosystem such as CitizenX, Fourth Revolution Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Asymmetric Financial), among others. GolfN is leading the way in creating a gamified Play-to-earn (P2E) mechanism for a physical sport, and plans to offer a premium digital caddie app to compete with current market leaders, paired with Web3 rewards.
“Despite the high cost of playing golf, the sport has captivated nearly 67 million people worldwide,” stated Jared Phillips, GolfN’s CEO and Co-Founder. “Currently, the more golfers play, the more they have to pay. The free-to-use GolfN App will not only help users improve their game, but also enable them to earn rewards the more they play and engage, allowing them to play better and more golf.”
In March 2024, GolfN introduced its Genesis Collection of NFT Golf Clubs on the Solana network. These Clubs, available in various degrees of rarity, are the key to earning increasing rewards within the GolfN ecosystem. Hosted on Tensor Launchpad, a leading digital collectible marketplace, the Mint sold out in less than an hour.
The funding will be utilized for the development and expansion of the GolfN app, community, and ecosystem. The GolfN mobile application, set to be released in open beta later this year, will bring GolfN’s Web3 gamification layer to the real-world game of golf. Through the app, which serves as a digital caddie and social platform, players will be able to utilize their digital collectible golf clubs to earn rewards during each round, keep track of side games, and organize leagues with friends. For players who missed out on purchasing GolfN’s digital collectible golf clubs during the mint, the company will offer monthly membership subscriptions that will grant access to rental NFT clubs provided by collectors.
About GolfN
GolfN is reshaping golf engagement for the decentralized digital era. With a focus on innovation, community, and sustainability, GolfN is committed to enhancing the golfing experience for enthusiasts of all skill levels. In addition to creating the first digital collectibles for a real-world sport like Golf, GolfN is developing a gamified social caddie app for on-course play, allowing golfers to improve their game and earn blockchain convertible rewards.
For more information, users can visit GolfN’s:
Official Website
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Twitter (X)
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Discord
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YouTube
Contact
James Carney
Operations Lead
GolfN, Inc.
[email protected]
+1 708-365-9327
GolfN Launches PlaytoEarn Golf After Securing 13M in PreSeed Funding
