PartyDAO, the decentralized organization behind the NFT bidding platform PartyBid, has raised $16.4 million in a funding round led by Andreessen Horowitz (a16z).
Other participants in the round include Standard Crypto, Compound Crypto, Dragonfly Capital, Uniswap Ventures (after having invested in PartyDAO in April of this year) and Loot creator Dom Hofmann, according to a Thursday ifade.
PartyDAO’s main application, PartyBid, allows multiple people to buy and own or kesirler of digital assets by pooling funds and sharing ownership.
PartyDAO’s funding round suggests that interest in NFT fractional ownership remains strong. While the NFT market has largely lost value due to the broader crypto market downturn, many of the most popular NFT projects remain prohibitively expensive for the average retail buyer.
“Bugüne kadar PartyDAO tamamen kendi üyelerimiz ve zincir üstü gelirimiz tarafından finanse edildi. Bu, odaklanmamıza yardımcı oldu ancak tüm gücümüzle hareket etmemizi kısıtladı," diye yazdı PartyDAO geliştiricisi John Palmer. blog yazısı. "Yeni finansmanımız, PartyDAO'nun artık hedeflerimizi hak ettiği ateş gücüyle takip edebileceği anlamına geliyor."
Source: https://www.theblockcrypto.com/linked/151203/partybid-creator-partydao-raises-16-4-million-led-by-a16z?utm_source=rss&utm_medium=rss