As a researcher with a background in blockchain technology and sports industry, I’m thrilled to see GolfN’s innovative approach to combining the physical sport of golf with the digital world of tokenization and NFTs. The potential to earn rewards for playing and engaging with the game is an exciting development that could attract new players and retain existing ones.
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. revealed the completion of its $1.3 million Pre-Seed financing round on Thursday. Notable blockchain investors took part in this funding round, including CitizenX, Fourth Revolution Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Asymmetric Financial). To begin with, GolfN aims to introduce a gamified earning model for golf, a first-of-its-kind initiative in the sports industry. The company plans to launch a premium digital caddie application, setting new standards in the market and integrating Web3 rewards for users.
“Golf may be pricey to participate in, but it has managed to attract approximately 67 million individuals worldwide, as stated by Jared Phillips, CEO and Co-founder of GolfN. Not only does our free GolfN App aid users in enhancing their game, but the more they use it and become engaged, the more rewards they will accrue to continue playing 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 revolutionizing golf participation in the decentralized digital realm, prioritizing novelty, camaraderie, and eco-friendliness. By enhancing the golfing journey for golf aficionados at every skill level, GolfN introduces the first-ever digital collectibles tied to a real-world sport – golf. Furthermore, GolfN is crafting a caddie app infused with games that golfers can utilize during actual play, enabling them to improve their performance and reap blockchain-converting incentives.
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
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2024-06-25 23:00