Silicon Valley venture capital giant Andreessen Horowitz, responsible for the phrase “software is eating the world,” invest in the Friends with Benefits (FwB) DAO. Perhaps the most well known tokenized community, FwB is praised as the “de facto home of web3’s growing creative class” and for onbarding influential artists and creatives into crypto ”by putting human capital first.” The exact details of the funding remain undisclosed, but presumably the ‘get’ here is access to innovative intellectual property, and an inside view of a 2000-member DAO as it evolves from insular community into a (more) prominent cultural producer. “In addition to borderless resource assembly, DAOs enable bottom-up innovation and community building, from which new ideas can be incubated and scaled” note the VC firm’s Carra Wu and Chris Dixon.