UnicornDAO Rallies For Women And LGBTQ Artists; Raises $4.5 Million 

As a women-led organization in the Web3 space, UnicornDAO has been shaking barriers and was able to raise a staggering $4.5 million in support of women and/or LGBTQ artists.

The feminist movement called UnicornDAO led by Nadya Tolokonnikova of Pussy Riot together with Rebecca Lamis and John Caldwell was launched in March 2022 rallies for equality in the space.

Yuga Labs Donates Its UnicornDAO Seat

Yuga Labs CEO is in full support of the thrusts of UnicornDAO and is in fact opening its seat for donation to any woman of LGBTQ artist or leader who cannot afford the investment or costs.

The funding was supported by World of Women, Flamingo DAO, Collab Currency, MoonPay, Tribute Labs, The LAO, Polygon, Wave Financial, Big Sky Partners, Quantum, SIA, and Mike Winkelmann a.k.a. Beeple.

More so, UnicornDAO is greatly supported by artists all over the world who have been moved by their vision such as the following: Yulia Shur, Priyanka Desai of Tribute Labs, Charli Cohen, Tolokonnikoca, C Verdults, Diana Sinclair, IX Shells, Sophie Cohen of Gagosian Gallery, PPl Pleasr, and others.

Members of Pussy Riot flee Russia following repeated arrests and a crackdown (The Art Newspaper).

UnicornDAO Now Open For Membership

Unicorn DAO was launched in March 2022 and is now open to new members of varied backgrounds. They are now even open to males who want to join the force. Their membership is growing as more people are attracted to the organization’s mission and vision for equality and diversity.

Their current members are Beeple, Blake Kathryn, True Ventures, World of Women, SIA, Polygon, MoonPay, Art Blocks, Yuga Labs, Grimes, Wave Financial, ConsenSys Mesh, and Collab+Currency; to name some.

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Members will be contributing 50 ether to UnicornDAO and receive 1% interest. The membership contribution earns him or her 1% of revenue and voting rights. The membership is currently capped to a maximum of 540 ether or 9% for every member.

Recording artist Grimes has announced that she has also joined the board of UnicornDAO. Further, she has also donated the “New Gods” video to the women-led organization.

UnicornDAO’s main thrust is that art investment funds can enable equal distribution of visibility to women and LGBTQ individuals at all points of the world.

Pussy Riot CEO, Nadya Tolokonnikoca, shares that UnicornDAO and Pussy Riot have the same vision or ethos which is “to bring equality, justice, and joy to communities that have been historically underrepresented.”

Crypto total market cap at $1.28 trillion on the daily chart | Source: TradingView.com

Launch Of Unicorn Riot

UnicornDAO has announced its opening to new members this week. It will now be open to the general public, which means male allies can join as well. An in-person launch will be held on June 21 at the NFT NYC.

Meanwhile, UnicornDAO has also announced the upcoming launch of UnicornRiot, a group intended for organizing fundraisers for uplifting reproductive and political rights in the United States.

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Featured image from TIME, chart from TradingView.com