Social App Giggles Completes Over $1 Million Pre-Seed Funding, Led by 1kx

Odaily News: Social application Giggles, which integrates prediction market mechanisms, announced the completion of over $1 million in Pre-Seed funding. The round was led by 1kx, with participation from Noar Ventures, Bain Capital, Virtuals Protocol, and Night Capital, an early investor in prediction market Kalshi, among others. Giggles focuses on a "content as tradable assets" model, allowing users to "buy in" during the early stages of videos and, combined with prediction market mechanisms, transforming "content discovery" into quantifiable economic behavior. The new funds will be used to improve product features, expand distribution scale, and prepare for the official public beta. (PRNewswire)