Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats

Oluwapelumi Adejumo

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea. According to a Sept. 13 press release, a16z contributed $1 million to the fund, while OpenSea pledged the remaining $5 […]

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Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats