According to Odaily, Miles Jennings, the General Counsel of a16z crypto, announced on the X platform that a16z, in collaboration with OpenSea and Stand With Crypto, has initiated a Creator Defense Fund. A16z will contribute $1 million and partner with law firms to provide legal services and consultation for artists and creators facing potential government actions or those who simply want to ensure their NFT projects are built in a legal and compliant manner.