Solana ecosystem project Dare Market completes $2 million financing

ChainCatcher news, the Solana-based challenge platform Dare Market has announced the completion of a $2 million funding round, led by Karatage and Paper Ventures.

The platform was initially launched in September, allowing users to complete challenge tasks posted by other users. After participants complete a challenge, they need to share proof of completion on social media in exchange for rewards. Users can also create their own challenges and promise to complete them after reaching specific fundraising goals. Dare Market charges a 6.9% commission on the bounty earned for each successfully completed challenge.