According to Odaily, GolfN, a project based on the Solana ecosystem, has successfully raised $1.3 million in funding. The project, which aims to create a Play-to-Earn (P2E) mechanism for physical golf, has attracted investment from several entities including CitizenX, Fourth Revolution Capital, and Nom.
The funding will be used to further develop the project and expand its reach within the golfing community. The P2E mechanism being developed by GolfN is expected to revolutionize the way golf is played and monetized, offering new opportunities for players and investors alike.
Details about the specific use of the funds and the timeline for the project's development have not been disclosed. However, the successful funding round indicates a strong interest in the potential of blockchain technology to transform traditional sports like golf. The involvement of prominent investors like CitizenX, Fourth Revolution Capital, and Nom further underscores the growing confidence in the Solana ecosystem and its applications in various industries.
