GolfN Prepares to Launch PlaytoEarn Golf After Securing 13M in PreSeed Funding

Chicago, USA, June 25th, 2024, Chainwire
GolfN has become the pioneer golf app to utilize tokenization and digital collectibles to empower its users to earn rewards for engaging in the physical sport.
GolfN, Inc., has officially closed its $1.3 million Pre-Seed funding round. This round saw involvement from major blockchain investors, including prominent 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) platform for a physical sport and aims to offer a top-quality digital caddie app to compete with current market leaders, along with Web3 rewards.
“Despite the high cost of playing, golf has captured the interest of nearly 67 million people worldwide,” said Jared Phillips, CEO and Co-Founder of GolfN. “Currently, the more golfers play, the more they have to pay out. The GolfN App, which is free to use, will not only help users improve their game, but the more they play and engage, the more they will earn to play better golf.”
GolfN released its Genesis Collection of NFT Golf Clubs on the Solana network in March 2024. These Clubs, available in various levels of rarity, are the key to earning escalating rewards within the GolfN ecosystem. The Mint, hosted on Tensor Launchpad, one of the top digital collectible marketplaces, sold out in under an hour.
The funds raised will be used for the development and expansion of the GolfN app, community, and ecosystem. The GolfN mobile application, set for open beta release later this year, will bring GolfN’s Web3 gamification layer to the real-world game of golf. Through the app, users can use it as a digital caddie and social platform, as well as equip their digital collectible golf clubs to earn rewards during each round, keep track of 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, through which rental NFT clubs will be available from collectors.
About GolfN
GolfN is transforming golf engagement for the decentralized digital era. With a focus on innovation, community, and sustainability, GolfN aims to enhance the golfing experience for enthusiasts of all levels. In addition to being the first to mint 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 improve their game and earn blockchain convertible rewards.
For more details, users can visit GolfN’s:
Official Website
Twitter (X)
Discord
YouTube
Contact
James Carney
Operations Lead
GolfN, Inc.
[email protected]
+1 708-365-9327