The Good Tech Companies - GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Raise

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Golfin tees up play to earn golf following $1.3 million pre-seed raise. By Chainwire. Chicago, United States, June 25, 2024 Chainwire, Golfin 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. Golfin, Inc. today announced the closure of its $1.3 million pre-seed funding ground. The round saw participation by prominent blockchain investors, including leading personalities and projects in the Solana ecosystem, CitizenX, Fourth Revolution Capital, AdDefi underscore dad, Nom, at the onlyNom. And Joe McCann, Asymmetric Financial, among others.

Starting point is 00:00:50 First off the tee in building a gamified play-to-earn, P2E, mechanism for a physical sport, Golfin will offer a premium digital caddy app to rival current market incumbents and pair it with Web3 Rewards. Greater than, despite its high cost of play, Golf has hooked nearly 67 million people greater than globally, commented Jared Phillips, Golfin's CEO and co-founder, currently, greater than the more golfers play, the more they pay out. The free-to-use Golfin app will greater than not only help users play better, but the more they play and engage, the more greater than they will earn to play more and better golf. In March 2024, Golfin released its Genesis collection of NFT golf clubs on the Solana

Starting point is 00:01:30 network. The clubs, which come in various rarities, are the keys turn scaling rewards in the Golfin 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 Golfin app, community, and ecosystem. The Golfin mobile application, due out in open beta later this year, will bring Golfin's Web3 gamification layer to the real-world game of golf. 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, track side games, and organize leagues with friends. For players who did not purchase Golfin's digital collectible golf clubs during the mint,

Starting point is 00:02:14 the company will offer monthly membership subscriptions for which rental NFT clubs will be made available by collectors. About Golfin Golfin is redesigning golf engagement for the decentralized digital era. With a focus on innovation, community, and sustainability, Golfin is dedicated to enriching the golfing experience for golf enthusiasts of all levels. In addition to minting the first digital collectibles for a real-world sport like golf, Golfin is developing a gamified social caddy 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 official website, Twitter,

Starting point is 00:02:51 X, Discord, YouTube contact James Carney Operations Lead GolfN, Inc.james at golfn.com plus 1-708-365-9327. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Raise

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