TechFlow News — Web3 publishing platform Paragraph has raised $1.7 million in a seed funding round led by Lemniscap, with participation from other investors including FTX Ventures, Binance Labs, GCR, and Seed Club Ventures.
Founded by Colin Armstrong in 2021, Paragraph is a publishing platform that helps web3 writers, DAOs, and NFT communities monetize their content through an integrated newsletter service. The platform aims to challenge traditional publishing giants by providing web3 tools for content creation. Unlike paid subscriptions on web2 newsletter platforms like Substack, Paragraph enables creators and community builders to manage their audiences using NFTs or ERC-20 tokens. These memberships create new opportunities for engagement—whether by gating content with NFTs or rewarding token holders to incentivize growth. Creators can use their own NFTs or ERC-20 tokens, or choose to mint directly on Paragraph for a 3% fee.Original link
