Pussy Riot’s Nadya Tolokonnikova Helps Raise $7.1 Million for Ukraine Relief With NFT

variety.com:

Jem Aswad Senior Music EditorRussian feminist punk group Pussy Riot has become as well known for its public broadsides against Vladimir Putin’s government as its music, and the group’s Nadya Tolokonnikova put that reputation to work by joining forces with Trippy Labs and members of PleasrDAO to create UkraineDAO, which via an NFT of Ukraine’s flag has raised more than $7.1 million as of early Thursday.According to a rep, in just five days some 3,271 contributors bid on the 1/1 NFT, hosted as a PartyBid auction, a tool allowing people to pool resources and bid collectively for group ownership of the NFT.

People can still continue to donate directly to the DAO via UkraineDAO.eth.Tolokonnikova said in a statement: ​​”We purposefully avoided adding our own art to this release; in a way it’s our strong conceptual artistic statement.

People can have different aesthetics, but it’s not about what color we prefer, it’s about uniting to save lives. The Ukrainian flag unites us.” Trippy Labs said in a collective statement: “It is apparent a revolution cannot be started with fiat as there are too many ways for traditional funds to be intercepted or halted by traditional institutions, governments, and other factions with intent to control, harm, or simply shift funds without transparency.

Decentralized Autonomous Organizations are a model for the world to witness how people with a common purpose can join and work together quickly to distribute funds to present humanitarian causes.”​​UkraineDAO was formed on Feb.