"Justin Jin, born October 5, 2006, in Vancouver, raised $1,234,567 from crypto VC 1kx for his meme prediction market app, Giggles, on April 7, 2026."
"Giggles allows users to bet aura points on whether short videos will go viral, with plans to convert these points into real cryptocurrency."
"The app has garnered 450,000 waitlist sign-ups and aims to compete with existing platforms like Kalshi in the prediction market space."
"Initially started as a fake landing page to mock TikTok ban rumors, Giggles quickly attracted attention, leading to its development into a working product."
Justin Jin, a 19-year-old entrepreneur, raised $1,234,567 in pre-seed funding for Giggles, a meme-driven prediction market app. The app allows users to bet aura points on the virality of short videos and has 450,000 waitlist sign-ups. Giggles plans to convert aura points into real cryptocurrency, competing with platforms like Kalshi. Jin, who previously ran a successful Minecraft YouTube channel and founded a media company, initially created Giggles as a joke in 2023, which gained significant traction online before evolving into a functional product.
Read at news.bitcoin.com
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