UnicornDAO has raised $4.5 million to empower girls and LGBTQ+ artists. Based by Pussy Riot’s founding member Nadya Tolokonnikova, the DAO collects NFTs from women-identifying and LGBTQ+ individuals. However first—what’s UnicornDAO and who participated in its newest funding spherical?
About UnicornDAO’s $4.5 Million Fundraise
On Friday, Could 20, UnicornDAO introduced it has raised $4.5 million in a spherical led by ConsenSys Mesh, and Yuga Labs. MoonPay, World of Women, Tribute Labs, Quantum, Flamingo DAO, and The LAO additionally joined the fundraising. As well as, digital artist Beeple, musicians Grimes and Sia, entrepreneur Man Oseary, and Gary Vaynerchuk are a few of the others who participated within the funding spherical.
To this point, the DAO has collected works value $1.4 million from under-represented sections in Web3. Not too long ago, Grimes, who joined the DAO’s board, additionally donated her music video, “New Gods” to the DAO.
What’s UnicornDAO?
Nadya Tolokonnikova, one of many founding members of Russia’s political protest artwork collective, Pussy Riot, launched UnicornDAO in March 2022. It’s “a feminist movement that consists of Web3 native people who are using Web3-based tools to create much-needed equality in the Web3 space.”
In different phrases, the collective goals to “redistribute wealth and visibility” to “create equality for women-identified and LGBTQ+ people”. Finally, UnicornDAO’s mission is to “build the infrastructure for a feminist and queer revolution on blockchain”. Onboarding creators to Web3, “subverting crypto bro culture”, and constructing a high community for feminists x queers are additionally components of its missions.
To help these missions, the DAO will accumulate and show artwork created by girls, non-binary, and LGBTQ+ creators. It is going to additionally fund the companies of these within the area. Moreover, it’ll present the mandatory instruments for undervalued and underrepresented teams to empower themselves.
“Right now we are focusing on supporting Web 3 artists, but down the line, we’d like to work with more traditional art forms as well,” Tolokonnikova instructed CoinDesk. “All our curators are people who I personally met during the last year of my crypto journey. Our ethos is the same as Pussy Riot’s has been for over 10 years, to bring equality and joy to underrepresented groups.”
Learn how to Be part of UnicornDAO
It’s solely been a couple of days since UnicornDAO opened its membership to the general public. On June 21, the DAO will maintain a real-life launch occasion. Furthermore, the organisation launched UnicornRiot, a separate group specializing in organising and fundraising for activist causes. At present, the group focuses on reproductive rights within the US.
Whereas UnicornRiot is free to affix, you need to first apply to be part of UnicornDAO by paying 50 ETH. As of now, the group solely has a restricted variety of seats open. In case you want to be a part of, you possibly can apply at this hyperlink.
To conclude, UnicornDAO is a noteworthy enterprise within the male-dominated NFT area. Its numerous initiatives to help girls and LGBTQ+ artists are a lot wanted within the business.
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