GolfN Prepares Play-to-Win Golf After $1.3 Million Pre-Seed Raise

(PRESS RELEASE – Chicago, United States, June 25, 2024)

GolfN is the first golf app to use the power of tokenization and digital collectibles to allow its members to earn rewards for playing and practicing a physical sport.

GolfN, Inc.., announced today the closing of its $1.3 million Pre-Seed financing round. The round featured participation from prominent blockchain investors, including leading personalities and projects in the Solana ecosystem: CitizenX, Fourth Revolution Capital (x.com/DeFi_Dad” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>@DeFi_Dad), nominal (x.com/TheOnlyNom” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>@TheOnlyNom), and Joe McCann (Ametric Financial), among others. First in building a gamified play-to-earn (P2E) mechanism for a physical sport, GolfN will offer a premium digital caddy app to rival current market incumbents and combine it with Web3 rewards.

“Despite its high cost, golf has engaged nearly 67 million people around the world,” said Jared Phillips, CEO and co-founder of GolfN. “These days, the more golfers play, the more they pay. “The free-to-use GolfN app will not only help users play better, but the more they play and participate, the more they will earn to play more and better golf.”

In March 2024, GolfN launched its nft Golf Club Genesis Collection on the Solana network. Clubs, which come in various rarities, are the key to earning increasing rewards in the GolfN ecosystem. Hosted on Tensor Launchpad, one of the leading marketplaces for digital collectibles, the Mint was sold out in less than an hour. The increase will go towards developing and expanding the GolfN app, community and ecosystem. The GolfN mobile app, launching in open beta later this year, will bring GolfN's Web3 gamification layer to real-world golf play. While using the app as a digital caddy and social platform, players will be able to equip their digital collectible golf clubs to earn rewards during each round, play 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 collectors will make nft clubs available for rental.

About GolfN

GolfN is redesigning golf engagement for the decentralized digital age. With a focus on innovation, community and sustainability, GolfN is dedicated to enriching the golf experience for golf enthusiasts of all levels. In addition to creating the first digital collectibles for a real-world sport like golf, GolfN is developing a gamified social caddy app for playing the course, which golfers can use to play better and earn blockchain-convertible rewards.

For more information, users can visit GolfN's: Official website | x.com/GolfNApp” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>twitter (x) | Discord | Youtube

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