Odaily Planet News: Noise, an attention market tool currently building a prediction market-related information platform, has announced the completion of a $7.1 million seed round led by Paradigm. Previously, the company also received investment support from Figment Capital and Anagram, as well as GSR, JPEG Trading, and KaitoAI. According to reports, Noise's testnet launched a beta version in May last year, available only to invited users. It attracted over 1,300 participants who placed bets on 14 attention markets tracking cryptocurrency topics, using social media data provided by Kaito. (The Block)
Noise Completes $7.1M Seed Round Led by Paradigm
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Summary
Noise, a platform focused on prediction markets and on-chain data, has raised a $7.1 million seed round led by Paradigm. Earlier backers include Figment Capital, Anagram, GSR, JPEG Trading, and KaitoAI. The Noise testnet launched a beta version in May of last year, inviting over 1,300 users to place bets on 14 markets tracking cryptocurrency market trends using social media data from Kaito.
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