A16z leads $25 million seed round for NFT infrastructure startup Co:Create

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A16z leads $25 million seed round for NFT infrastructure startup Co:Create
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A16z leads $25 million seed round for NFT infrastructure startup Co:Create (via Yogita_Khatri5)

It aims to help creators and brands launch their native token and manage DAOs.Co:Create, a crypto startup building an infrastructure protocol to help NFT projects launch tokens and manage DAOs, has raised $25 million in a seed round led by Andreessen Horowitz .

Fung said NFTs are more than just digital collectibles. They are"programmable assets" that can be used to unlock certain benefits, such as a game, an event, an experience or other goods and services. The initial version of the protocol will launch this fall, said Fung, adding that the mainnet will follow later.

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