CreatorDAO raises $20 million in funding from a16z, Initialized Capital and Paris Hilton

The decentralized organization CreatorDAO, which provides financial and technological support to creators, raised $20 million in a seed round. The information comes in a пресс-релизе.

The round was led by venture funds a16z and Initialized Capital. Other investors included 2 Ventures, M13, Audacious Ventures, 6th Man Ventures, Abstract Ventures, SV Angel, as well as Пэрис Хилтон and The Chainsmokers.

CreatorDAO invests in creators in exchange for a share of their future earnings.

In January–June 2022, funding for blockchain startups amounted to $30.3 billion.

Read about what decentralized autonomous organizations are in our cards.

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