According to BlockBeats, on September 13, a16z crypto general counsel Miles Jennings posted on the X platform that a16z, OpenSea, Stand With Crypto and others jointly launched a creator defense fund.

a16z will contribute $1 million to work with the law firm to provide legal services and consulting to artists and creators who are facing potential government action or simply want to ensure they are structuring their NFT projects in a legal and compliant manner.