Web3 content publishing platform Paragraph completes $5 million financing, Coinbase Ventures and others participate

According to BlockBeats, on May 3, The Block reported that in addition to acquiring the Ethereum-based blogging platform Mirror, Web3 content publishing platform Paragraph also raised $5 million in new financing, with Union Square Ventures and Coinbase Ventures participating in this round of financing. Paragraph founder Colin Armstrong will serve as CEO, and Mirror founder Denis Nazarov will serve as an advisor.