Russian punk rock collective Pussy Riot is planning to launch a DAO for LBTQ+ and girls artists.

Because the group’s co-founder Nadya Tolokonnikova advised Cointelegraph, the DAO can be engaged on decreasing the gender inequality that also marks the nonfungible token (NFT) house and, extra broadly, the crypto trade.

Regardless of the massive gender hole in crypto — round 60% of US crypto traders are white males, according to a survey from August 2021 — Nadya is satisfied that it’s nonetheless early sufficient for Pussy Riot to make an affect.

“The NFT house continues to be so small, I really feel that with a adequate effort you possibly can truly change it,” she stated.

Nadya is already utilizing her follower base to advertise the work of ladies and LGBTQ+ artists and join them with potential collectors. The DAO will proceed doing so however on a bigger scale.

“We’re going to rent an entire workforce who can be creating academic materials for women who need to enter the house,” stated Nadya.

Punk rock group Pussy Riot has gained worldwide recognition for its provocative performances and criticism of the Russian authorities. 

Final 12 months, Pussy Riot began utilizing NFTs to boost cash for social causes. In March 2021, the video of their music single “Panic Assault” offered for a complete of 178 ETH as an NFT collection. A lot of the cash was then donated to victims of home violence.

“I wished to deliver giant human rights and charitable elements to NFTs,” Nadya stated.

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