Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million – Press launch Bitcoin News

press launch

PRESS RELEASE. Parex has efficiently developed a community-driven DAO ecosystem by means of its ParexChain, Parex Pockets, RaccoonSwap, Trade, and different decentralized functions. The corporate has secured US$ 6.5 million in a brand new funding spherical. The funding was supplied 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 totally 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 shall be used to mine and help Parex mining.

Revolutionary blockchain options to scale back inflation

Liam Anthony, CEO of Parex, expressed his satisfaction in DWFLabs and Bitgert Ventures, two vital traders who think about Parex’s promising future. “As 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,” he stated. “Soon, we will announce the testnet of the PEP-20 blockchain infrastructure, and launch a massive AIRDROP campaign.”

Parex supplies a Decentralized Autonomous Group (DAO) ecosystem that features a vary of options corresponding to a one-of-a-kind mining algorithm designed to get rid of inflation, an ecosystem token, blockchain infrastructure, decentralized functions, a crypto pockets, and a cryptocurrency trade.

Contact: Liam Anthony, information@parex.market

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