GolfN App Research Overview

Main Value Proposition

• Integration of Real World Golf and Blockchain: GolfN offers a gamified experience combining physical activity with digital rewards, and a system where you can make money by using the app.

Key Features:

• GPS Tracking and Performance Insights: Accurate distance measurements, real-time data on course layout, and key metrics like driving distance and accuracy.
• NFT Golf Clubs: Collect, trade, and rent digital golf clubs, each with unique attributes affecting gameplay and rewards.
• Play-to-Earn Model: Earn points that convert to tokens through gameplay, staking, and strategic card use.
• Consumables: Items required for gameplay, similar to microtransactions in other games.

Does it have Product Market Fit?

Target Audiences:

• Traditional Golfers: Enhanced GPS performance analytics, real world rewards, and competitive pricing.
• Digital Collectors and people that like NFTs with utility: Collecting and trading digital golf items, earning through play-to-earn model, and enjoying competitive play.

Competitive Advantage:

• User-Friendly Onboarding: Users can log in using email or Google accounts without needing a crypto wallet, making the app accessible to non-crypto users.
• Traditional Payment Methods: The app allows for purchases with credit cards, removing the complexity of dealing with cryptocurrencies.
• Direct Purchase from Wholesalers: GolfN bypasses traditional retail markups by purchasing equipment directly from wholesalers and offering it to users at discounted prices.
• Play-to-Earn Model: GolfN incentivizes players by rewarding them for every round they play, engaging with the digital caddie, and completing other activities. Golfers earn points that can be converted into GolfN tokens.