{"id":20962,"date":"2023-05-15T17:36:39","date_gmt":"2023-05-15T17:36:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/community-driven-blockchain-platform-parex-raises-us-6%e2%80%a45-million-press-release-bitcoin-news\/"},"modified":"2023-05-15T17:36:39","modified_gmt":"2023-05-15T17:36:39","slug":"community-driven-blockchain-platform-parex-raises-us-6%e2%80%a45-million-press-release-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/community-driven-blockchain-platform-parex-raises-us-6%e2%80%a45-million-press-release-bitcoin-news\/","title":{"rendered":"Community-Driven Blockchain Platform Parex Raises US$ 6\u20245 Million \u2013 Press release Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div id=\"\">\n<header class=\"article__header\">\n<\/header>\n<div class=\"featured_image_container\">\n <\/p>\n<p>press release<\/p>\n<\/div>\n<p><strong>PRESS RELEASE. <\/strong>Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the investment arm of the cryptocurrency exchange Bitgert which invested US$ 3.5 million.<\/p>\n<p>The investment round was completed just as Parex was preparing its ParexChain infrastructure, which is designed to provide a fully community-driven DAO blockchain ecosystem. The funds will enable Parex\u2019s efforts to accelerate its efforts to create an efficient DeFi and DAO ecosystem. Part of the investment will be used to mine and support Parex mining.<\/p>\n<p><strong>Innovative blockchain solutions to reduce inflation<\/strong><strong><br \/><\/strong><\/p>\n<p>Liam Anthony, CEO of Parex, expressed his pride in DWFLabs and Bitgert Ventures, two significant investors who have faith in Parex\u2019s promising future. \u201cAs a company, Parex is committed to developing innovative blockchain solutions that prioritize community involvement and reduce inflation. With the support and expertise of top investors like DWFLabs and Bitgert Ventures, we are even stronger as we gear up for the launch of the PEP20 Mainnet,\u201d he said. \u201cSoon, we will announce the testnet of the PEP-20 blockchain infrastructure, and launch a massive AIRDROP campaign.\u201d<\/p>\n<p>Parex provides a Decentralized Autonomous Organization (DAO) ecosystem that includes a range of solutions such as a one-of-a-kind mining algorithm designed to eliminate inflation, an ecosystem token, blockchain infrastructure, decentralized applications, a crypto wallet, and a cryptocurrency exchange.<\/p>\n<p><strong>Contact: <\/strong>Liam Anthony, <a href=\"https:\/\/news.bitcoin.com\/community-driven-blockchain-platform-parex-raises-us-6%E2%80%A45-million\/mailto:data@parex.market\">data@parex.market<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p><small><i>This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.<\/i><\/small><\/p>\n<div class=\"article__body__author\">\n<div class=\"article__body__author__avatar\">\n<img src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png 1x, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-300x300.png 2x\" class=\"avatar avatar-150 photo\"\/>\n<\/div>\n<div class=\"article__body__author__info\">\n<h6 class=\"article__body__author__info__name\">\nMedia <\/h6>\n<p class=\"article__body__author__info__about\">\nBitcoin.com is the premier source for everything crypto-related.<br \/>\nContact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.<\/p>\n<\/div>\n<\/div>\n<p class=\"images_credits\"><em><b>Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<div class=\"bottom_article_widgets\">\n<aside id=\"bn_widget_spacing-18\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-21\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>More Popular News<\/span><\/h4>\n<\/aside>\n<aside id=\"bn_widget_spacing-19\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-46\" class=\"widget_text td_block_template_1 widget widget_custom_html\"\/>\n<aside id=\"bn_widget_spacing-20\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-30\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>In Case You Missed It<\/span><\/h4>\n<\/aside>\n<\/div>\n<\/div>\n<p><script type=\"89f523c3d0b4052ad7ccd8ee-text\/javascript\">(function(d, s, id) {\n        var js, fjs = d.getElementsByTagName(s)[0];\n        if (d.getElementById(id)) return;\n        js = d.createElement(s); js.id = id;\n        js.src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&version=v3.2\";\n        fjs.parentNode.insertBefore(js, fjs);\n    }(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/community-driven-blockchain-platform-parex-raises-us-6%E2%80%A45-million\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) press release PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":20963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20962"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=20962"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/20963"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=20962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=20962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=20962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}