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We've Raised $5m & We're Joining Forces with Mirror

Announcing our new fundraise and unveiling a new chapter with Mirror.

Colin Armstrong

Colin Armstrong

Today, we're thrilled to share some exciting news:

  • Paragraph will be taking ownership of the Mirror product

  • We've raised $5m from Union Square Ventures & Coinbase Ventures

A New Chapter with Mirror

Both Mirror and Paragraph have always shared a common goal: to empower creators with the tools needed to own direct relationships with their audiences, and to unlock powerful new monetization & distribution models. Now that Paragraph is uniting with Mirror, we'll be positioned to accelerate our mission and expand our support to an even wider array of creators.

I'll continue to be CEO, and Denis Nazarov, the founder of Mirror, will remain as an advisor.

In the nearterm, publishing on both Mirror and Paragraph will continue as usual. We'll be spending the next several months having conversations with creators to determine what a single great choice for onchain publishing might look like.

Our $5m Fundraise

We're also excited to announce that we've raised $5m, led by Union Square Ventures with participation from Coinbase Ventures. Fred Wilson, Nick Grossman and the rest of the USV team have been thinking about the intersection of publishing & digital ownership for as long as anyone and we're thrilled to not only partner with them, but to also welcome their newsletters to Paragraph.

And, with support from industry leaders like Coinbase and Base, we'll ensure that publishing onchain is as seamless & accessible as possible.

Hiring

Finally, if any of this sounds exciting for you, we're hiring across engineering, design, & growth roles: https://paragraph.xyz/careers.

Read the corresponding announcement on the Mirror blog.

Collect this post as an NFT.

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Over 2.5k subscribers

Fenrir Crypto
Fenrir Crypto
Commented 8 months ago

Big news! We first tried setting up a Mirror profile but publishing on it didn't seem to work as we experiences some bugs. But then we found Paragraph which worked flawlessly and has even more options like refering other newsletters for example. We never looked back! Now, the fact that the 2 biggest Web3 publishing platforms are joining forces is great for the industry. Congrats!

silhom.eth
silhom.eth
Commented 11 months ago

Great news, Congratulations! I have been using Paragraph extensively for the past month and would really love if I could publish my newsletter on both platforms in a single click!

emo.ethFarcaster
emo.eth
Commented 2 weeks ago

what platform do people write technical blogs on these days? medium? substack? mirror?

0xmonsFarcaster
0xmons
Commented 2 weeks ago

Personal blogs Or bear

philFarcaster
phil
Commented 2 weeks ago

ghost

SteveFarcaster
Steve
Commented 2 weeks ago

Personal website built with astro/ghost, can mirror to medium/substack/paragraph/etc for greater distribution

jtgiFarcaster
jtgi
Commented 2 weeks ago

on mirrors in public bathrooms lately

Reid DeRamusFarcaster
Reid DeRamus
Commented 1 week ago

Let us know if you'd be interested in checking out Paragraph / Mirror. We have some valuable integrations w/ Farcaster if you're planning to share your writing here.

Andrew B CoathupFarcaster
Andrew B Coathup
Commented 1 week ago

Point .eth at static website on IPFS. Mirror (owned by Paragraph) https://paragraph.xyz/@blog/paragraph-mirror-fundraise

Mayday.degen 🎩Farcaster
Mayday.degen 🎩
Commented 2 weeks ago

Web2 ghost Web3 mirror

MattFarcaster
Matt
Commented 10 months ago

What's the tldr on the result of Paragraph acquiring Mirror? Will accounts & associated articles be brought over?

ColinFarcaster
Colin
Commented 10 months ago

Hoping to share more on this soon, but tldr is: - we want to build a single great onchain writing product - accounts/content will be migrated seamlessly - editing, minting, creating should all be very familiar

ciefa 🐌 eth/accFarcaster
ciefa 🐌 eth/acc
Commented 10 months ago

They will merge at some point, they haven't publicly announced when though. Mirror and Paragraph for now will stay separate companies, Mirror focuses on working on an ecommerce focused Farcaster client called Kiosk. Please correct me if I'm wrong @paragraph @colin 1/2

ciefa 🐌 eth/accFarcaster
ciefa 🐌 eth/acc
Commented 10 months ago

"Mirror and Paragraph will eventually merge into a single, unified product suite according to Paragraph's founder." https://www.coindesk.com/tech/2024/05/02/web3-publishing-platform-mirror-sells-to-paragraph-pivots-to-social-app-kiosk/

ciefa 🐌 eth/accFarcaster
ciefa 🐌 eth/acc
Commented 10 months ago
Danica SwansonFarcaster
Danica Swanson
Commented 11 months ago

How do I super-10x-like this exciting announcement?!?! This is big news for the future of writing and publishing, in web3 and beyond. We're lucky to be here at such a pivotal time.

ColinFarcaster
Colin
Commented 11 months ago

Thanks, @danicaswanson! I've always really appreciated your support!

Danica SwansonFarcaster
Danica Swanson
Commented 11 months ago

Richly deserved, @colin. As you know, I've worked in publishing + editorial for decades, and there's a long list of pain points. Paragraph is opening possibilities for writers of the sort I've always wished for, but didn't believe I'd see in my lifetime. Wishing you and the whole Paragraph community much success.

Naomi Farcaster
Naomi
Commented 11 months ago

Wooow triple liking this. That's awesome!!!

Danica SwansonFarcaster
Danica Swanson
Commented 11 months ago

Right?!? I'm so excited. From the blog post: “We'll be spending the next several months having conversations with creators to determine what a single great choice for onchain publishing might look like.” 😍 https://paragraph.xyz/@blog/paragraph-mirror-fundraise?referrer=danicaswanson.eth

ColinFarcaster
Colin
Commented 11 months ago

Very excited to kick off FarCon with two large announcements: - Paragraph is taking ownership of the Mirror product - We’ve raised $5m from USV and Coinbase Ventures https://paragraph.xyz/@blog/paragraph-mirror-fundraise

AhahahahahahahaFarcaster
Ahahahahahahaha
Commented 11 months ago

That's huge, congrats!

Gabriel AyusoFarcaster
Gabriel Ayuso
Commented 11 months ago

🥳

Jeff Feiwell Farcaster
Jeff Feiwell
Commented 11 months ago

🐐

Linda XieFarcaster
Linda Xie
Commented 11 months ago

That's huge, congrats!!

KalohFarcaster
Kaloh
Commented 11 months ago

This is 🔥

Christian Montoya 🦊Farcaster
Christian Montoya 🦊
Commented 11 months ago

Holy cow

LeoFarcaster
Leo
Commented 11 months ago

came to this channel after reading AVC exciting! can you share anything more about how this came to happen?

agoston nagyFarcaster
agoston nagy
Commented 11 months ago

congrats, looking forward! love publishing on paragraph

Patrick | MegapotFarcaster
Patrick | Megapot
Commented 11 months ago

Congrats, this is huge!

Daniel LombrañaFarcaster
Daniel Lombraña
Commented 11 months ago

Congratulations 👏🎉

ParagraphFarcaster
Paragraph
Commented 11 months ago

Exciting news from @paragraph! They're taking ownership of Mirror to better empower creators, uniting with them in a shared mission. Plus, they've raised $5m from Union Square Ventures & Coinbase Ventures. Stay tuned for more developments as they explore onchain publishing possibilities.

Mantej RajpalFarcaster
Mantej Rajpal
Commented 11 months ago

LFG congrats @colin & team 🥳

Steen!!!Farcaster
Steen!!!
Commented 11 months ago

This makes all the sense in the world, congratulations!

MontezFarcaster
Montez
Commented 11 months ago

Congrats on the link up Denis, @colin and team https://warpcast.com/montez/0xc17e0fda

Ignas Peciura Ⓜ️Farcaster
Ignas Peciura Ⓜ️
Commented 11 months ago

Congratulations!

Degen Street BetsFarcaster
Degen Street Bets
Commented 11 months ago

Wow

We've Raised $5m & We're Joining Forces with Mirror