Parsec, an on chain data analysis platform, announced the cessation of operations

Parsec, an on chain data analysis platform, announced its official offline operation. The team stated that the project has ceased service after five years of operation and is currently undergoing refunds and cancellation of all valid subscriptions. Parsec was launched in early 2021, providing on chain data terminals and analysis platforms, supporting data dashboards and visualization tools in fields such as DeFi and NFT, and offering API services. Parsec has completed a seed round financing of $1.25 million and a seed round expansion financing of $4 million, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.