UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators

2 years ago

Eli is simply a quality newsman for CoinDesk. He holds ETH, SOL and AVAX.

Digital creation corporate UnicornDAO has raised $4.5 cardinal to empower women and LGBTQ-led non-fungible token (NFT) initiatives, with members from each country of the NFT abstraction coming unneurotic to enactment successful the round.

UnicornDAO is helmed by Nadya Tolokonnikova, a societal activistic and founding subordinate of the Russian creation corporate Pussy Riot.

Tolokonnikova has been an activistic successful the creation satellite for implicit a decade, astir precocious progressive with UkraineDAO, a task that sold an NFT of the Ukrainian flag for $6.75 cardinal to rise wealth for Ukraine’s warfare efforts against Russia successful March.

Prominent members of the DAO see musicians Sia and Grimes, on with NFT personalities Beeple and Gary Vaynerchuk, with further concern from the World of Women and Moonbirds NFT collections, Moonpay, Polygon and Bored Ape Yacht Club steadfast Yuga Labs. UnicornDAO is Yuga’s archetypal extracurricular investment.

UnicornDAO has truthful acold invested $1.4 cardinal successful NFT creation from underrepresented groups, according to a property release.

“Right present we are focusing connected supporting Web 3 artists, but down the enactment we’d similar to enactment with much accepted creation forms arsenic well,” Tolokonnikova told CoinDesk successful an interview. “All our curators are radical who I personally met during the past twelvemonth of my crypto journey. Our ethos is the aforesaid arsenic Pussy Riot’s has been for implicit 10 years, to bring equality and joyousness to underrepresented groups.”

Members of UnicornDAO are expected to lend some their superior and clip to advancing the DAO’s efforts, with archetypal investors being granted committee seats, according to a property release.

Public applications to articulation the DAO unfastened connected June 21, with much accusation to beryllium announced astatine the DAO’s lawsuit astatine NFT.NYC connected the aforesaid day.

NFT creator Beeple and Pussy Riot’s Nadya Tolokonnikova astatine the UnicornDAO motorboat event. (UnicornDAO)

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Eli is simply a quality newsman for CoinDesk. He holds ETH, SOL and AVAX.

Eli is simply a quality newsman for CoinDesk. He holds ETH, SOL and AVAX.


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