GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Increase

Chicago, United States, June twenty fifth, 2024, Chainwire

GolfN is the primary golf app to make use of the facility of tokenization and digital collectibles to empower its members to earn rewards for enjoying and interesting with a bodily sport.

GolfN, Inc., immediately introduced the closure of its $1.3 million Pre-Seed funding spherical. The spherical noticed participation by distinguished blockchain buyers, together with main personalities and initiatives within the Solana ecosystem – CitizenX, Fourth Revolution Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Uneven Monetary) – amongst others. First off the tee in constructing a gamified Play-to-earn (P2E) mechanism for a bodily sport, GolfN will supply a premium digital caddie app to rival present market incumbents and pair it with Web3 rewards.

“Regardless of its excessive price of play, golf has hooked almost 67 million individuals globally,” commented Jared Phillips, GolfN’s CEO and Co-Founder, “At present, the extra golfers play, the extra they pay out. The free-to-use GolfN App won’t solely assist customers play higher, however the extra they play and have interaction, the extra they are going to earn to play extra and higher golf.”

In March 2024, GolfN launched its Genesis Assortment of NFT Golf Golf equipment on the Solana community. The Golf equipment, which are available in numerous rarities, are the keys to earn scaling rewards within the GolfN ecosystem. Hosted on Tensor Launchpad, one of many main digital collectible marketplaces, the Mint offered out in underneath an hour. The increase might be allotted to the event and scaling of the GolfN app, group, and ecosystem. The GolfN cell software, due out in open beta later this yr, will convey GolfN’s Web3 gamification layer to the real-world recreation of golf. Whereas utilizing the App as a digital caddie and social platform, gamers will be capable of equip their digital collectible golf golf equipment to earn rewards throughout every spherical, observe aspect video games, and arrange leagues with associates. For gamers who didn’t buy GolfN’s digital collectible golf golf equipment through the mint, the corporate will supply month-to-month membership subscriptions for which rental NFT golf equipment might be made out there by collectors.

About GolfN

GolfN is redesigning golf engagement for the decentralized digital period. With a deal with innovation, group, and sustainability, GolfN is devoted to enriching {the golfing} expertise for golf lovers of all ranges. Along with minting the primary digital collectibles for a real-world sport like Golf, GolfN is growing a gamified social caddie app for on-course play, which golfers can use to play higher and earn blockchain convertible rewards.

For extra info, customers can go to GolfN’s:

Contact

James Carney
Operations Lead
GolfN, Inc.
[email protected]
+1 708-365-9327