KARMA3 LABS Secures $4.5 Million Funding for Decentralized Reputation Protocol OPENRANK

KARMA3 LABS, the development team behind the decentralized reputation protocol OPENRANK, has announced the completion of a $4.5 million funding round. The round was led by GALAXY and IDEO COLAB VENTURES, with participation from SPARTAN, SEVENX, HASHKEY, FLYBRIDGE, DELTA FUND, DRAPER DRAGON, and COMPA CAPITAL. OPENRANK protocol allows developers to use its 'reputation graph' for rating, ranking, or recommending applications or communities. OPENRANK is collaborating with METAMASK SNAPS and provides ranking and recommendation APIs for LENS and FARCASTER.