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press launch
PRESS RELEASE. Parex has efficiently developed a community-driven DAO ecosystem via its ParexChain, Parex Pockets, RaccoonSwap, Trade, and different decentralized purposes. The corporate has secured US$ 6.5 million in a brand new funding spherical. The funding was offered by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the funding arm of the cryptocurrency trade Bitgert which invested US$ 3.5 million.
The funding spherical was accomplished simply as Parex was making ready its ParexChain infrastructure, which is designed to offer a completely community-driven DAO blockchain ecosystem. The funds will allow Parex’s efforts to speed up its efforts to create an environment friendly DeFi and DAO ecosystem. A part of the funding will likely be used to mine and assist Parex mining.
Progressive blockchain options to scale back inflation
Liam Anthony, CEO of Parex, expressed his satisfaction in DWFLabs and Bitgert Ventures, two important buyers who place confidence in Parex’s promising future. “As an organization, Parex is dedicated to growing progressive blockchain options that prioritize group involvement and cut back inflation. With the assist and experience of high buyers like DWFLabs and Bitgert Ventures, we’re even stronger as we gear up for the launch of the PEP20 Mainnet,” he mentioned. “Quickly, we are going to announce the testnet of the PEP-20 blockchain infrastructure, and launch a large AIRDROP marketing campaign.”
Parex gives a Decentralized Autonomous Group (DAO) ecosystem that features a vary of options corresponding to a one-of-a-kind mining algorithm designed to eradicate inflation, an ecosystem token, blockchain infrastructure, decentralized purposes, a crypto pockets, and a cryptocurrency trade.
Contact: Liam Anthony, knowledge@parex.market
It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com isn’t accountable, immediately or not directly, for any harm or loss precipitated or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about within the press launch.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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