CreatorDAO Raises $20M From a16z and Paris Hilton
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CreatorDAO, a decentralized organization that provides financial and technological support to authors, has recently attracted $20 million in a seed funding round.
According to the press release, the round was led by venture capital funds a16z and Initialized Capital. Other participants include 2 Ventures, M13, Audacious Ventures, 6th Man Ventures, Abstract Ventures, SV Angel, as well as Paris Hilton and The Chainsmokers duo.
We should take into account that CreatorDAO invests in creators in exchange for a percentage of their future earnings.
The amount of funding for blockchain startups in January-June 2022 amounted to $30.3 billion.
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