Decentralized knowledge protocol Golden completes $40 million financing, led by a16z

Chain Catcher news, the decentralized knowledge protocol Golden has completed a $40 million financing round, led by a16z, with participation from Protocol Labs, OpenSea Ventures, and founders of projects such as Solana, Dropbox, Postmates, and Twitch. At the same time, a16z general partner Ali Yahya will join Golden's board alongside a16z co-founder Marc Andreessen.

It is reported that Golden is developing a decentralized interface to incentivize the collection and verification of normative data, similar to a Web3 version of Wikipedia. The project claims that over 35,000 users participated in the early testnet phase of the protocol, with the mainnet scheduled for release in the second quarter of 2023. (Cointelegraph)