Moonbirds NFT plans raises $50M in Series A funding to keep NFT artwork “in chain”
The venture capital firm Andreessen Horowitz (a16z), along with Seven Seven Six, True Ventures, Collab+Currency, Flamingo DAO, SV Angel, and VaynerFund, recently led a $50 million Series A fundraising round for PROOF. PROOF, the private community that developed the Moonbirds NFT collection, announced that it is transferring its blue-chip collection totally “in chain,” allowing photos to be entirely held within the underlying smart contract. On August 30, Harri Thomas, director of products at PROOF, gave a community live webcast titled “Future PROOF,” in which he said: “We’ve talked about putting the birds ‘on chain’, so what I’m here to tell