Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million

PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem done its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and different decentralized applications. The institution has secured US$ 6.5 cardinal successful a caller concern round. The backing was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the concern limb of the cryptocurrency speech Bitgert which invested US$ 3.5 million.

The concern circular was completed conscionable arsenic Parex was preparing its ParexChain infrastructure, which is designed to supply a afloat community-driven DAO blockchain ecosystem. The funds volition alteration Parex’s efforts to accelerate its efforts to make an businesslike DeFi and DAO ecosystem. Part of the concern volition beryllium utilized to excavation and enactment Parex mining.

Innovative blockchain solutions to trim inflation

Liam Anthony, CEO of Parex, expressed his pridefulness successful DWFLabs and Bitgert Ventures, 2 important investors who person religion successful Parex’s promising future. “As a company, Parex is committed to processing innovative blockchain solutions that prioritize assemblage engagement and trim inflation. With the enactment and expertise of apical investors similar DWFLabs and Bitgert Ventures, we are adjacent stronger arsenic we cogwheel up for the motorboat of the PEP20 Mainnet,” helium said. “Soon, we volition denote the testnet of the PEP-20 blockchain infrastructure, and motorboat a monolithic AIRDROP campaign.”

Parex provides a Decentralized Autonomous Organization (DAO) ecosystem that includes a scope of solutions specified arsenic a one-of-a-kind mining algorithm designed to destruct inflation, an ecosystem token, blockchain infrastructure, decentralized applications, a crypto wallet, and a cryptocurrency exchange.

Contact: Liam Anthony, [email protected]

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