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A16z crypto invests $1 million to jointly establish creator defense fund

Miles Jennings, general counsel of a16z crypto, said in a post on the X platform that a16z has jointly launched a creator defense fund with OpenSea, Stand With Crypto, etc. a16z will contribute $1 million to work with law firms to provide legal services and advice to artists and creators who face potential government action or simply want to ensure they build NFT projects in a manner that is in legal compliance.