CreatorDAO, a popular decentralized community that invests in creators, has announced the completion of its latest funding round. CreatorDAO received about $20 million led by a16z Crypto and Initialized Capital.
Other participants in the funding round include Paris Hilton, The Chainsmokers, Michael Ortiz, and Liam Payne, Liquid2 Ventures, M13, Audacious Ventures, 6th Man Ventures, Abstract Ventures, SV Angel, Hack VC, Fika Ventures, Fuel Capital, Goldhouse, Soma Capital, Alliance DAO, Shima Capital, Olive Capital, Kygo’s Palm Tree Crew, MGU Capital, Position Ventures, Alchemy Ventures, among others.
CreatorDAO intends to allow participants in the round to become creators on its platform and generate revenue through commissions. It invests in creators by providing capital, Mentorship, technology, and operational support.