# Paragraph

By [ayouth.eth](https://paragraph.com/@ayouth.eth) · 2022-10-25

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Paragraph, a Web3 content publishing platform, announced the completion of a US融资1.7 million financing, led by Lemniscap, with FTX Ventures, Binance Labs, GCR and Seed Club Ventures [participating.It](http://participating.It) is reported that Paragraph was founded by Colin Armstrong in 2021. It can help Web3 authors, DAOs and NFT communities monetize their content through integrated communication services. Content creators and community builders can use NFT or ERC-20 tokens to manage their users or fans through the membership mechanism.

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*Originally published on [ayouth.eth](https://paragraph.com/@ayouth.eth/paragraph)*