Members of the Web3 community are fighting back against the US Supreme Court ruling. Overturn Roe v. Wade case.
On June 24, 2022, a groundbreaking proceeding that previously guaranteed the right to abortion was overturned, causing a backlash among US reproductive activists.
Some activists have turned to Web3 solutions and created Decentralized Autonomous Organization (DAO) and Non-Fungible Token (NFT) projects focused on raising awareness of women’s reproductive rights.
One of the earliest of these efforts was demonstrated by Nadia Trokonnikova, a member of the Pussy Riot group of performance activists. Tolokonnikova told Cointelegraph about three weeks ago to members of Pussy Riot and Unicorn DAO, a group where women redistribute wealth and visibility to identified LGBTQ + people. Staging Protest at Texas Capitol in response to Leaked Draft Opinion on the Supreme Court’s final decision to overturn the Roe v. Wade case. She said:
“The protest was called the” current matriarchy. ” I dropped a huge 45-foot banner from the 3rd floor of the Texas Capitol in Austin to display this message. Then I created this as an NFT. This was the first political performance art piece used to raise money for women’s reproductive rights. ”
Cryptocurrency financing to support reproductive rights
But this effort was just the beginning of Pussy Riot and Unicorn DAO. Tolokonnikova said the group will launch another NFT collection on July 7th to further support reproductive rights. This time, we responded to the official overthrow of the Roe v. Wade case. Unicorn DAO co-founder John Caldwell, known as the Proof of Protest, told Cointelegraph that the NFT collection allows users to “buy feminism” to indicate the “Proof of Protest.”
According to Tolokonnikova, the visual “bottle of feminism” purchased from this NFT drop will remain permanently on the blockchain and become an integral part of a person’s digital identity. She said:
“A few years from now, when the rights of the uterine owners are deprived of them, no one can tell you that you did nothing. I own evidence of protest. Burn patriarchy. Furious at the system of oppression that tells you they own your body. If you don’t have a womb, anger your mother’s rights, I have it Must be. “
The Proof of Protest NFT, launched with the Lens Protocol (Web3 social graph built on the Polygon blockchain), is already Collected By more than 1,300 individuals, it demonstrates the importance of female reproductive rights within the Web3 community.
Bradley Freeman, Social Growth Manager at Aave, the LensProtocol development team, told Cointelegraph that the Pussy Riot NFT was created as a publication for the LensProtocol and will become an NFT when collected. This is essentially the same concept as preferring social media posts. .. “Lens Protocol believes in” collecting “content across the web. This makes creating an NFT as easy as posting or valuing a post, “he explained.
Recently: Hardware crypto wallet sales increase as centralized exchanges scramble
All funds raised for the Proof of Protest NFT drop in Pussy Riot will support reproductive rights organizations through the Ethereum wallet created by LegalAbortion.eth. Unicorn DAO, And Endaoment, a public charity. Alexis Miller, leader of Endaoment’s donor engagement and strategic partnerships, told Cointelegraph that the Foundation distributes cryptocurrency revenues to seven organizations across the United States that support reproductive rights. She explained:
“LegalAbortion.eth is a Web3 Ethereum wallet that allows you to donate cryptography using NFT creators, decentralized applications, or decentralized finance protocols. The wallet has multiple secret” keys to sign transactions. It also includes multi-signature features that require users, ensuring that multiple key owners remain responsible for each other. All Multisig Signers of LegalAbortion.eth have agreed to Endaoment, the ultimate destination for all funds received. Protecting the Reproductive Rights Fund.. “
Reliable multisig signer @pussyrrriot@StaniKulechov @amandacassatt @ix_shells @ pplpleasr1 @unicorndao_xxx @JuanPaDulanto @vegsurfer @rahilla @endaomentdotorg
100% of the funds distributed to these organizations:https://t.co/plCfy2430N pic.twitter.com/ccBWYOSqVm
LegalAbortion.eth (@legalabortion_x) June 26, 2022
Miller shared that Endowment’s Reproductive Rights Fund raised $ 55,000 from crypto donors shortly after a leak calling for the overthrow of the Roe v. Wade case. “The Foundation will then evenly distribute these funds to the nonprofits with which we are affiliated, including the Reproductive Rights Center, the Texas Choice Foundation, and the SisterSoung Women of Color ReproductiveJustice Collective.” She added.
Cryptocurrency funding for women’s reproductive rights groups only began in May, but Miller says Endaoment has already given a total of $ 425,000 to various nonprofits dedicated to helping women. Said. “We raised this amount between individual donors and through our community. Endaoment’s Protect Reproductive Rights Fund raised $ 87,000, which raised $ 17,000 through LegalAbortion.eth and abortion. Includes $ 42,000 raised through Cowgirl DAO, which sells NFT collections that support access.
Miller is a donor and partner project, although this number is quite small compared to other cryptocurrency financing initiatives, such as efforts to help Ukraine in the current conflict, which has already raised millions of cryptocurrency donations. I believe that the funds from will continue to flow. “We also have a Ukrainian fund and are raising more money, but when the draft opinion was leaked, we saw incredible activity. The Roe v. Wade case was overturned. There was even more activity when it was done, “she said.
In addition, the differences these funds make to the recipient nonprofits are noteworthy. Rebecca Dreke, Chief Operating Officer of Fund Texas Choice, told Cointelegraph when the six-week abortion ban was imposed. effect In Texas last year, organizations saw an increase in donors. She added that there were a few individuals asking if FundTexasChoice would also accept crypto donations. She said:
“At that time, we started considering accepting cryptocurrency donations, but I felt overwhelmed, so Endaoment offered cryptocurrency donations as a third-party nonprofit intermediary. It was a coincidence when asked if it would help. We have received nearly $ 100,000 since they set up a cryptocurrency donation for us. ”
Dreke added that all funds received will be distributed in US dollars, making them easily acceptable to nonprofits. Regarding how the funds will be used, Dreke explained that the donations received will be used to enable the mission behind FundTexasChoice. “We are still dedicated to ensuring fair abortion access to all texans that need it, but we will look at how this relates in terms of legal compliance. is needed.”
In addition to the funding currently being raised to help women navigate their reproductive rights, many other projects are underway. For example, a community of Web3 enthusiasts and activists recently launched Choice DAO. Sahar Afrakhan, a core member of ChoiceDAO, said the project was Roe v. He told Cointelegraph that it was launched in response to the overthrow of Wade and aims to support nonprofits and grassroots organizations that specialize in women.
“Our first mission is to raise over $ 1 million in 26 days for frontline organizations fighting for access to reproductive health care. This is a 10-year battle and we will win. We also know that we need to invigorate new people and new ideas in order to do that, “she said. Afrakhan said Choice DAO will soon begin accepting cryptocurrency donations.
Adriana Arche, chief operating officer and founder of media company Hauss, also told Cointelegraph that she is launching an NFT project to raise funds for both female creators and the National Network of Abortion Funds organization. This project is called Nice F * cking Titties, or NFT for short. “In this project, women can show off their breasts or be completely naked to show their freedom to their bodies,” said Arche. According to Arce, 5% of the profits from the “NFT” will be donated to the national network of abortion funds and 20% of the profits will be returned to female participants.
Challenges can hinder funding
It’s worth noting that the Web3 community has begun initiatives to support reproductive rights, but the question remains as to how these projects will be received. For example, the male-dominated culture of the crypto community may find these projects less important than other funding initiatives. Tolokonnikova is aware of this. But she believes that women’s rights should be taken into account by the entire Web3 community.
“We were aware of this reality when we decided to choose crypto as one of the tools for our activities. But this is not just women’s rights. It’s human rights. It’s human rights. It s everyone s right.
The current bear market is also a source of concern. Donors may be less capable or unwilling to donate due to poor market conditions. Fortunately, Miller said LegalAbortion.eth hadn’t seen any change in their donations. Part of this is due to the fact that LegalAbotion.eth accepts donations with Circle’s native stablecoin USD Coin (USDC).
“Many of the funds we opened last year include USDC, so people aren’t losing money. Stablecoin is associated with the US dollar, so people donating with USDC will give us the same amount. You can donate, “she said. And while ChoiceDAO hasn’t begun accepting crypto donations, she said the community behind the project believes that women’s reproductive rights will be a decade-long battle. Therefore, they “look far beyond current market conditions.”
How effective are cryptocurrency donations?
Aside from the challenges, it is important to examine the overall effectiveness of cryptocurrency donations collected to support women’s reproductive rights. for example, Cryptocurrency donations reached new heights in 2021Industry experts believe that more can be done to ensure that women’s voices are heard.
For example, Trokon Nikowa explained that she believes that it is best for women to go on strike nationwide.
Recently: How Metaverse Revolutionizes the Fashion Industry
“All American women should stop working to show the world what would happen without women’s participation, and everyone could see how the world suffers without women. I was able to do it, “she said. General strikes will certainly have an impact, but Tolokonnikova believes cryptocurrency financing is a good initiative at this time. “I think this donation is effective because it helps real people solve real problems,” she said.
Reflecting this, Afracan said he hopes that other socially influential DAOs like Choice DAO and Ukraine DAO will define the next generation of activists. She said:
“Our hope is that this new activist model goes beyond assisted reproductive technology. Consider Fundraising 3.0. Many nonprofits and social movements are hampered by capital. Web3’s global community We want to change that by unleashing the potential. We can and should take advantage of this in any move. “