Chicago, United States, June 25th, 2024,
Chainwire
GolfN is the first golf app to use the power of tokenization
and digital collectibles to empower its members to earn rewards for
playing and engaging with a physical sport.
GolfN, Inc., today announced the closure of its $1.3
million Pre-Seed funding round. The round saw participation by
prominent blockchain investors, including leading personalities and
projects in the Solana ecosystem – CitizenX, Fourth Revolution
Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Asymmetric Financial) –
among others. First off the tee in building a gamified Play-to-earn
(P2E) mechanism for a physical sport, GolfN will offer a premium
digital caddie app to rival current market incumbents and pair it
with Web3 rewards.
“Despite its high cost of play, golf has hooked nearly
67 million people globally,” commented Jared Phillips, GolfN’s CEO
and Co-Founder, “Currently, the more golfers play, the more they
pay out. The free-to-use GolfN App will not only help users play
better, but the more they play and engage, the more they will earn
to play more and better golf.”
In
March 2024, GolfN released its Genesis Collection of NFT
Golf Clubs on the Solana network. The Clubs, which come in
various rarities, are the keys to earn scaling rewards in the GolfN
ecosystem. Hosted on Tensor Launchpad, one of the leading
digital collectible marketplaces, the Mint sold out in under an
hour. The
raise will be allocated to the development and scaling of the GolfN
app, community, and ecosystem. The GolfN mobile application,
due out in open beta later this year, will bring GolfN’s Web3
gamification layer to the real-world game of golf. While using
the App as a digital caddie and social platform, players will be
able to equip their digital collectible golf clubs to earn rewards
during each round, track side games, and organize leagues with
friends. For players who did not purchase GolfN’s digital
collectible golf clubs during the mint, the company will offer
monthly membership subscriptions for which rental NFT clubs will be
made available by collectors.
About GolfN
GolfN is redesigning golf engagement for the
decentralized digital era. With a focus on innovation,
community, and sustainability, GolfN is dedicated to enriching the
golfing experience for golf enthusiasts of all levels. In
addition to minting the first digital collectibles for a real-world
sport like Golf, GolfN is developing a gamified social caddie app
for on-course play, which golfers can use to play better and earn
blockchain convertible rewards.
For more information, users can visit GolfN's: Official Website | Twitter (X) | Discord | YouTube
Contact
James
Carney
Operations
Lead
GolfN,
Inc.
james@golfn.com
+1
708-365-9327