Beijing, China, 13th August, 2021,
Web 3 Advertising protocol, Parami Protocol The latest funding allows Parami to fortify blockchain data privacy, with prominent investors such as NGC Ventures and CMS Holdings backing the project alongside numerous other influential blockchain investment groups.
The round also attracted financial support from major names like Crypto Discover, DCI Capital, AU21 Capital, and other sector giants, underlining widespread trust in Parami’s vision.
Funds will be strategically used to create robust privacy protocols on blockchains, positioning Parami at the forefront of user-controlled data networks. The initiative will enhance user engagement, reflecting Parami's commitment to pioneering secure Web 3.0 environments.
Parami stands as a trailblazer in the personal data arena, shaping privacy protocols on blockchain that empower users with control over their personal information. Leslie, co-founder of GBV, has expressed strong support, acknowledging Parami’s expert leadership in data privacy initiatives.
“Blockchain’s potential to preserve privacy and link various entities is impressive, and we’re eager to collaborate with Parami in advancing this innovative frontier.”
In 2021, Parami set a new standard in the digital space with its AD 3.0 framework, utilizing blockchain to ensure users are fairly rewarded for their data while safeguarding their identity in Web 3.0 applications.
Parami enhances data privacy through a Substrate-based parachain, offering Polkadot and Kusama users secure data management capacities, thereby democratizing privacy controls.
Data privacy’s significance has surged dramatically, as platforms like Facebook endure scrutiny for inadequate user data protection. Even with anonymized blockchain operations, data trails often compromise user anonymity, and profit-centric data usage remains problematic. Parami’s AD 3.0 model tackles these concerns effectively.
The CMS Holdings CEO, Dan Matuszewski, emphasizes the global necessity of Parami’s pioneering protocol for boosting Web 3.0's adoption, reaffirming the belief in Parami's technological promise and skilled team.
“Parami’s contributions are pivotal in the Web 3.0 space, promising a transformative era of internet utilization, and we commit to supporting its groundbreaking endeavors.”
Employing Decentralized Identity networks and zero-knowledge proofs, Parami secures user privacy robustly. The Parami DID system enables secure transactions and personal asset management, aligning user attention with advertiser interest seamlessly.
Bilal Junaid from Genblock Capital applauds the strategic investment in Parami, touting user incentivization through tokens as a key to evolving decentralized identity fields, a testament to AD 3.0’s empowerment of user-driven data management.
“Parami’s unique attention tokenization stands out among DID platforms, paving the way for inspiring yield farming incentives.”
Contacts
- Mora ZHU
- mora@parami.io
