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PartyBid creator PartyDAO raises $16.4 million led by a16z

PartyDAO, the decentralized organization behind the NFT bidding platform PartyBid, has raised $16.4 million in a funding round led by Andreessen Horowitz (a16z).  Other participants in the round include Standard Crypto, Compound Crypto, Dragonfly Capital, Uniswap Ventures (after having invested in PartyDAO in April of this year) and Loot creator Dom Hofmann, according to a Thursday statement.  PartyDAO’s main application, PartyBid, allows multiple people to buy and own or fractions of digital assets by pooling funds and sharing ownership.  PartyDAO’s …