The on-chain reputation governance platform Jokerace has completed a $2 million Pre-seed round of financing, with participation from 1kx and others

ChainCactehr news, the developer of the on-chain reputation governance platform Jokerace, 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.

It is reported that Jokerace aims to address governance-related issues by using on-chain reputation to assess who should have more say in the governance process, allowing projects to initiate competitions and hackathons, distribute grants, and provide incentives to on-chain community members.