CreatorDAO Raised $20M in Seed Round Co-led by a16z and Initialized Capital

Investment organization CreatorDAO announced that it has closed a $20m seed funding round co-led by a16z and Initialized Capital, with participation from Liquid 2 Ventures, M13, Shima Capital and others. CreatorDAO aims to invest in creators by providing capital, technology, and operational support. Creators that join CreatorDAO will then share a percentage of their future earnings with the community treasury.