Web3 content publishing platform Paragraph completes $1.7 million funding

ChainCatcher news, according to The Block, the Web3 content publishing platform Paragraph has completed a $1.7 million funding round, led by Lemniscap, with participation from FTX Ventures, Binance Labs, GCR, and Seed Club Ventures.

Paragraph was founded by Colin Armstrong in 2021 and helps authors, DAOs, and NFT communities in the Web3 space monetize their content through an integrated communication service. Content creators and community builders can manage their users or fans through a membership mechanism using NFTs or ERC-20 tokens. (Source link)