ChainCatcher news, according to The Block, the Web3 content publishing platform Paragraph has not only acquired the Ethereum-based blogging platform Mirror but also raised $5 million in new funding, with this round led by Union Square Ventures and Coinbase Ventures. Paragraph founder Colin Armstrong will serve as CEO, while Mirror founder Denis Nazarov will take on an advisory role.

ChainCatcher news, according to CoinDesk, the Web3 content publishing platform Mirror has been acquired by Paragraph. The Mirror team will continue to operate independently and will focus on developing "Kiosk," a Web3 social application that integrates blockchain and e-commerce based on Farcaster.The founder of Paragraph stated that Mirror and Paragraph will eventually merge into a unified product suite.

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)