Social app Giggles completes more than $1 million in a Pre-Seed funding round, led by 1kx

Gate News message: On April 9, social app Giggles, which integrates prediction market mechanisms, announced the successful completion of a Pre-Seed funding round of more than $1 million. 1kx led the round, with participation from Noar Ventures, Bain Capital, Virtuals Protocol, and early investors in the prediction market Kalshi, including Night Capital. Giggles is focused on a “content can be traded” model, which allows users to “buy” in the early stages of video and, combined with prediction market mechanisms, turn “content discovery” into quantifiable economic behavior. The new funding will be used to improve product features, expand distribution scale, and prepare for an official public test.