Digital Art collective UnicornDAO fetched $4.5 million for the NFT projects run by women and LGBTQ. The funding round was joined by other members of the NFT community.
UnicornDAO was launched back in March by Nadya Tolokonnikova, a founder of the feminist art group Pussy Riot to Support Women and LGBTQ+ Artists.
The founder of the feminist art collective Pussy Riot, Nadya Tolokonnikova created UnicornDAO in March, to support women and LGBTQ+ artists.
Tolokonnikova is a women activist, who has been active for a decade in the art world.
Many big faces such as artists, musicians, and NFT creators are members of the UnicornDAO including Sia, Grimes, Beeple, Gary Vaynerchuk, and others. Apart from this, crypto and NFT communities also back this woman empowerment project.
The DAO consists of World of Women and Moonbirds NFT collections, crypto trading app MoonPay, blockchain network Polygon, and Yuga Labs, the creators of the Bored Ape Yacht Club NFTs are also included.
Till now, UnicornDAO has already invested $1.4 million in the NFT art form to support underrated artists from women and LGBTQ community. The DAO’s members are hoping to contribute their money and time.
For the advancement of the DAO, the DAO is granting the board seats to initial investors. Currently, public applications are open to join the DAO. Hence, more information will be revealed at the DAO’s event at NFT NYC on June 21.
“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,” says Tolokonnikova.
“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.”
