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Data Center News > Blog > Investments > GolfN Raises $1.3M in Pre-Seed Funding
Investments

GolfN Raises $1.3M in Pre-Seed Funding

Last updated: June 27, 2024 6:18 am
Published June 27, 2024
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GolfN, a decentralized golf app supplier, closed its $1.3m Pre-Seed funding spherical.

Backers included CitizenX, Fourth Revolution Capital (@DeFi_Dad), Nom (@TheOnlyNom), and Joe McCann (Uneven Monetary), amongst others.

The elevate will likely be allotted to the event and scaling of the app, neighborhood, and ecosystem.

Led by Jared Phillips, CEO and Co-Founder, GolfN supplies an app that makes use of tokenization and digital collectibles to permit members to earn rewards for taking part in and interesting with a bodily sport.

The cellular utility, due out in open beta later this yr, will deliver GolfN’s Web3 gamification layer to the real-world sport of golf. Whereas utilizing the App as a digital caddie and social platform, gamers will have the ability to equip their digital collectible golf golf equipment to earn rewards throughout every spherical, monitor aspect video games, and manage leagues with pals. For gamers who didn’t buy GolfN’s digital collectible golf golf equipment through the mint, the corporate will provide month-to-month membership subscriptions for which rental NFT golf equipment will likely be made obtainable by collectors.

In March 2024, the corporate launched its Genesis Assortment of NFT Golf Golf equipment on the Solana community. The Golf equipment, which are available varied rarities, are the keys to earn scaling rewards within the GolfN ecosystem. Hosted on Tensor Launchpad, one of many main digital collectible marketplaces, the Mint offered out in beneath an hour.

FinSMEs

26/06/2024

See also  Jump Raises $23M in Series A Funding

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