Odaily News: JKLabs announced the completion of a $2 million pre-seed funding round, with participation from 1kx, Boys Club, Seed Club Ventures, and over 90 angel investors. Sean McCaffrey, co-founder of JKLabs, stated that decision-making often faces challenges due to internal conflicts, lack of transparency, and legal complexities among community members and investors. JKLabs aims to address some governance issues through its jokerace platform, which allows for hosting competitions and hackathons, granting funds, providing incentives to on-chain community members, and determining voting weight through on-chain reputation. (The Block)