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Russian protest group Pussy Riot seeks to tackle gender inequality in the NFT space

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 instructed Cointelegraph, the DAO might be engaged on decreasing the gender inequality that also marks the nonfungible token (NFT) area 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 area continues to be so small, I really feel that with a ok effort you may really change it,” she mentioned.

Nadya is already utilizing her follower base to advertise the work of girls 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 crew who might be creating instructional materials for women who need to enter the area,” mentioned Nadya.

Punk rock group Pussy Riot has gained worldwide reputation 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” bought for a complete of 178 ETH as an NFT sequence. A lot of the cash was then donated to victims of home violence.

“I needed to deliver massive human rights and charitable parts to NFTs,” Nadya mentioned.

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