Play Today has raised $1.2m in Seed funding to develop a blockchain-based golfing app.
The company aims to create an international brand that supports and enhances the experience of playing golf in the real world, as well as providing a virtual clubhouse where golfers can trade stories and watch live coverage of events.
Most of the funding will develop a digital scoring app with a crypto wallet, enabling golfers to record their rounds and compete against others.
Play Today's scoring app and wallet is based on the Flow blockchain, and the company has set a target of 100,000 mobile app users by the end of 2023.
The funding has come from Clive Mayhew, the current Chair of Fishburners. As with all old-school deals, the founders apparently met Clive on the golf course.
Due Diligence: AFR