On December 19, 2024, Ken Komatsu, founder and CEO of Golfin, shared the latest progress of the project in a unique AMA, explaining how Golfin subverts traditional golf through Web3 technology and brings the concept of "Golf2Earn" into the lives of global players. Three industry experts also attended the meeting: Vincent, partner of Tido Capital, NAOMI, head of Chinese community marketing at Element, and Toto, co-founder of Golfin, who jointly analyzed the uniqueness and future development of Golfin for us.
In the AMA, Ken Komatsu answered 10 questions about Golfin in detail, providing important information about the technology, mission, vision and upcoming token $GON behind Golfin. Below is our carefully edited AMA content to give you an in-depth understanding of the future of Golfin.
Question 1: Can you briefly introduce Golfin to the community?
Golfin team answers:
Golfin is not just an ordinary Web3 game; it is the world's first 'Golf2Earn' platform. Players earn experience points that reflect in the game after completing real golf matches, enhancing their virtual characters. These characters can participate in in-game tournaments and win rewards, with the prize pool for the first tournament reaching $100,000.
We are still the official supporters of the PGA Tour Japan events and collaborating with Japanese golf anime (Tomomitsu Oi). Our goal is to build the world's largest golf and Web3 community. Through GPS technology, we hope to attract more people to participate, promote economic development, and create a globally influential project.
Question 2: What inspired you to create Golfin?
Golfin team answers:
Golfin stems from our love for golf and the vision of making it more accessible, rewarding, and modern. Golf is often seen as a sport associated with health and wealth, but participation is often limited due to high costs and barriers. By integrating Web3 technology, we aim to create a 'Golf Nation' where everyone can experience the joy of golf while earning. As golf enthusiasts, we see the enormous potential of combining blockchain with real-world golf, bringing more excitement and value to players worldwide.
Question 3: What is unique about Golfin compared to other GameFi or P2E platforms?
Golfin team answers:
Golfin is not an ordinary P2E game, but the first Golf2Earn project that directly integrates real activities. Here’s what makes us unique:
Real-world integration: Collaborating with over 1,800 golf courses in Japan, accounting for about 80% of the total number of courses.
Reward model: To avoid common Ponzi scheme issues in P2E models, rewards are distributed in USDT and USDC rather than project tokens.
Community scale: Over 210,000 community members from around the world.
Unique NFTs: After purchasing NFTs, players can own exclusive items in real life, such as golf clubs.
Partnerships: We collaborate with top global events like ZOZO Championship to jointly host golf activities.
Anime collaboration: Partnering with popular Japanese golf anime (Tomomitsu Oi) to launch special IP NFTs and items.
We are bringing the Web3 concept into the mainstream through golf and empowering the community.
Question 4: What is Golfin's mission and long-term vision?
Golfin team answers:
Our mission is to create a 'Golf Nation' where everyone can experience the health, wealth, and community connections that golf brings. By connecting Web3 with real-world golf, we are:
Driving global expansion and integrating more partners.
Beyond the golf industry, collaborating with retail stores and restaurants to attract customers through GPS technology in the app.
Building a golf community currency that allows players to earn while enjoying the sport.
Leveraging community drive to turn golf into a global sport for everyone.
Question 5: Can you introduce us to the technology behind Golfin?
Golfin team answers:
Golfin uses advanced technology, including:
A GPS-based app for tracking real golf match data and providing experience points and token rewards based on verified behavior.
A tournament-based reward system that encourages player competition.
NFTs providing special in-game items for player characters.
Blockchain technology ensuring the transparency and security of all transactions.
$GON token used to support the operation of the Golfin ecosystem.
These technologies make ‘Golf2Earn’ a reality and help us seamlessly integrate real-world golf courses and practice ranges.
Question 6: How do you view the impact of Real World Assets (RWA) on the future of Web3 and the opportunities it brings?
Golfin team answers:
Real World Assets (RWA) is one of the most exciting trends in Web3, bridging the gap between digital ecosystems and real-world value. By tokenizing physical assets or combining blockchain with real activities, RWA creates opportunities for the widespread application of blockchain technology:
Providing practical utility beyond speculative nature.
Attracting mainstream users who are unfamiliar with cryptocurrency but understand the value of real-world assets.
Promoting innovation across industries such as real estate, gaming, sports, and finance.
In Golfin, we leverage the RWA concept to link blockchain with real golf experiences. Players enhance their virtual characters' abilities through actual matches, and these characters can be traded or used in competitions for rewards. We also plan to tokenize golf club memberships or usage rights as NFTs, making these tangible assets part of the RWA ecosystem.
Question 7: What achievements has Golfin made so far?
Golfin team answers:
We have achieved some remarkable milestones:
NFT sales exceed $4 million, equity financing exceeds $1 million.
Establishing partnerships with major partners like ZOZO Championship and Golf Lounge.
Boasting over 210,000 community members passionate about golf and blockchain.
The reward mechanism uses USDC or USDT, avoiding the token sell-off pressure common in the Web3 GameFi space.
Collaborating with Japan's largest department store Seibu to sell Golfin merchandise.
Collaborating with Japanese anime (Tomomitsu Oi) to launch exclusive NFT characters and items.
Soon to be listed on the MEXC exchange, marking our further development in the Web3 ecosystem.
Question 8: What major catalysts are coming up for Golfin?
Golfin team answers:
$GON token will be launched on December 20 on the MEXC exchange, marking an important milestone for the project.
Driving global expansion by bringing Golfin to more golf courses, regions, and players.
Establishing new collaborations with more well-known golf brands and organizations to promote golf, fitness, and health concepts.
Question 9: What is the next step for Golfin after the $GON launch?
Golfin team answers:
Global expansion: Bringing Golfin to more regions and golf courses.
New partnerships: Announcing new collaborations with top brands and organizations soon.
App upgrades: The GPS-based app will continuously evolve, providing players with more ways to participate and earn.
Question 10: How can the community participate in Golfin?
Golfin team answers:
Follow our Twitter for the latest announcements and updates.
Join the Telegram community to connect with like-minded individuals.
Participate in the Gleam event during the AMA for a chance to win generous rewards.
Looking forward to our app launch, join the Golf2Earn revolution!
Through this AMA, the Golfin team detailed their Golf2Earn concept and demonstrated how to integrate traditional golf with modern technology via Web3, breaking the traditional barriers of the sport and creating a new, more inclusive and rewarding golf ecosystem.
In the evaluations of Vincent and NAOMI, we can see their recognition of the Golfin project.
Vincent pointed out that Golfin not only shows great potential in innovating the combination of blockchain and traditional golf but also has a very sound economic model that ensures the platform's sustainability. Vincent particularly emphasized that Golfin's business model and corporate governance structure are very mature, with good cash flow performance and strong risk resistance. He believes that Golfin has a clear global expansion plan, and partnerships with several industry giants make it more competitive in the market. As an investment project, Golfin is undoubtedly an opportunity worth paying attention to.
NAOMI, from the perspective of community and culture, talked about Golfin, stating that it is not just a game; it has created an attractive social platform for golf enthusiasts and Web3 players globally. In her view, Golfin not only provides financial earning opportunities but also allows everyone to experience the innovations and fun brought by Web3 technology while enjoying golf. She particularly mentioned that Golfin's combination of NFT technology and GPS technology enables players to truly own items in the game, generating strong interest from the Web3 community in Golfin.
Golfin's future is clearly full of endless possibilities. With the launch of the $GON token, global expansion of the project, and establishment of new partnerships, Golfin will undoubtedly continue to attract the attention of a large number of players and investors. Especially its integration with real-world golf activities not only allows players to earn in the digital world but also enjoy the fun and health benefits of golf in reality. For players, the Golf2Earn model offered by Golfin is not just a fun challenge but a way to achieve personal wealth and health.
With the ongoing development of the market, we have reason to believe that Golfin will not only attract more traditional golf enthusiasts but may also become a model for other Web3 projects to emulate. Its deep integration of Real World Assets (RWA) with Web3, as well as the transparency and security brought by blockchain technology, will serve as an important reference for development in other fields.