PANews reported on November 7th that Erik Torenberg, a partner at a16z, tweeted that a16z has officially established a new media team. The team aims to help startups gain attention in the social media age through brand building, content distribution, and narrative support. The team will operate its own podcasts, videos, and community content, and will simultaneously launch the "New Media Fellowship," planned to begin in early 2026, focusing on cultivating "highly online" creators—a scholarship dubbed the "Thiel Scholarship for the Ultimate Online Creators." CAA (Creative Artists Agency) is a top-tier talent agency founded in Hollywood in 1975, renowned for revolutionizing the entertainment industry. 16z describes itself as the "CAA of the tech world," implying it's not just an investment firm, but rather dedicated to empowering founders, helping them control the narrative, dominate public opinion, build brand storylines, and systematically amplify their influence through new media resources—just as CAA helps actors dominate the entertainment industry.PANews reported on November 7th that Erik Torenberg, a partner at a16z, tweeted that a16z has officially established a new media team. The team aims to help startups gain attention in the social media age through brand building, content distribution, and narrative support. The team will operate its own podcasts, videos, and community content, and will simultaneously launch the "New Media Fellowship," planned to begin in early 2026, focusing on cultivating "highly online" creators—a scholarship dubbed the "Thiel Scholarship for the Ultimate Online Creators." CAA (Creative Artists Agency) is a top-tier talent agency founded in Hollywood in 1975, renowned for revolutionizing the entertainment industry. 16z describes itself as the "CAA of the tech world," implying it's not just an investment firm, but rather dedicated to empowering founders, helping them control the narrative, dominate public opinion, build brand storylines, and systematically amplify their influence through new media resources—just as CAA helps actors dominate the entertainment industry.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more