United

Solana

Revolution

Raise

James

Chicago, United States, June 25th, 2024, Chainwire
<h3 id="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 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.&nbsp;</h3>
<a href="https://golfn.com" rel="noopener noreferrer nofollow" target="_blank">GolfN, Inc</a>., today announced the closure of its $1.3 million Pre-Seed funding round.&nbsp;The round saw participation by prominent blockchain investors, including leading personalities and projects in the Solana ecosystem – CitizenX, Fourth Revolution Capital (<a href="https://x.com/DeFi_Dad" rel="noopener noreferrer nofollow" target="_blank">@DeFi_Dad</a>), Nom (<a href="https://x.com/TheOnlyNom" rel="noopener noreferrer nofollow" target="_blank">@TheOnlyNom</a>), 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.
<blockquote>
 “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.”&nbsp;
</blockquote>
<img decoding="async" src="https://www.ethnews.com/wp-content/uploads/2024/06/Untitled_design_64_1719330158HkZHREmchf.jpg">In March 2024, GolfN released its <a href="https://www.golfn.com/blogs-items/feeling-great-about-your-genesis-packs" rel="noopener noreferrer nofollow" target="_blank">Genesis Collection of NFT Golf Clubs</a> on the Solana network.&nbsp;The Clubs, which come in various rarities, are the keys to earn scaling rewards in the GolfN ecosystem.&nbsp;Hosted on Tensor Launchpad, one of the leading digital collectible marketplaces, <a href="https://www.tensor.trade/trade/golfn" rel="noopener noreferrer nofollow" target="_blank">the Mint sold out</a> in under an hour.&nbsp;<img decoding="async" src="https://www.ethnews.com/wp-content/uploads/2024/06/Untitled_design_66_1719331181nlOmPO3lP2.jpg">The raise will be allocated to the development and scaling of the GolfN app, community, and ecosystem.&nbsp;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.&nbsp;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.&nbsp;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.
<h4>About GolfN</h4>
<a href="https://golfn.com" rel="noopener noreferrer nofollow" target="_blank">GolfN</a> is redesigning golf engagement for the decentralized digital era.&nbsp;With a focus on innovation, community, and sustainability, GolfN is dedicated to enriching the golfing experience for golf enthusiasts of all levels.&nbsp;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: <a href="https://golfn.com" rel="noopener noreferrer nofollow" target="_blank">Official Website</a> | <a href="https://x.com/GolfNApp" rel="noopener noreferrer nofollow" target="_blank">Twitter (X)</a> | <a href="https://discord.gg/golfn" rel="noopener noreferrer nofollow" target="_blank">Discord</a> | <a href="https://www.youtube.com/@GolfNApp" rel="noopener noreferrer nofollow" target="_blank">YouTube</a>
<h5>Contact</h5>
James Carney Operations Lead GolfN, Inc. james@golfn.com +1 708-365-9327 
The post <a href="https://www.ethnews.com/golfn-tees-up-play-to-earn-golf-following-1-3m-pre-seed-raise/" rel="noopener noreferrer nofollow">GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Raise</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

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

Table of Contents

ETHNews

Other articles published on Jun 26, 2024

MicroStrategy’s $800 Million BTC Buy Triggers Millions Of Dollars In Inflows For This Bitcoin ETF...

Crypto Buzz: BlockDAG’s $53.5M Presale Explodes with Crypto Analyst Backing; Uniswap Climbs & Ren...

UAE Steps Up Crypto Game: Binance Licensed, Stablecoin Regulations Implemented

VanEck Declares Zero Fee for Spot Ethereum ETF Gearing Up for July 2 Launch

Analyst Predicts Early July Trading for VanEck’s Ether ETF

Notcoin (NOT) Price To Reach $2 in July?

Join our free newsletter for daily crypto updates!