We've seen record inflows for blockchain startups, and a16z is capitalizing on it by leading a $40M raise for a decentralized knowledge protocol. (Reporting via forgeforth_)
Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates and Twitch, among others.
In addition to leading the Series B funding round, Andreessen Horowitz’s general partner Ali Yahya will join Golden’s board alongside a16z cofounder Marc Andreessen. The funding gives Golden additional resources to continue building its protocol, which is designed to standardize the discovery and verification of knowledge in theSpecifically, Golden is developing a decentralized interface that incentivizes collecting and verifying canonical data.
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