a16z Announced an Investment in Social DAO "Friends with Benefits" for an Undisclosed Amount

TokenInsight news, a16z announced an investment in social DAO "Friends with Benefits" for an undisclosed amount. FWB (Friends With Benefits) represents a new kind of DAO. Joining FWB requires a written application, which the community itself reviews and votes on, as well as a minimum buy-in of $FWB tokens, which represent meaningful ownership in the DAO.
Source

Fund Raising

DAO

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