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

Russian punk rock group Pussy Riot plans to launch DAO for LBTQ+ and female artists.

As the group’s co-founder Nadya Tolokonnikova told Cointelegraph, the DAO will work to reduce the gender inequality that still marks the non-fungible token (NFT) space and the wider crypto industry.

Despite the huge gender gap in crypto — roughly 60% of U.S. crypto investors are white men, according to According to an August 2021 survey, Nadya is convinced it is too early for Pussy Riot to have an impact.

“The NFT space is still small, and I feel like with enough effort, you can actually change it,” she said.

Nadya is already using her following to promote the work of women and LGBTQ+ artists and connect them with potential collectors. DAOs will continue to do so, but on a larger scale.

“We’re going to hire a whole team to create educational materials for girls who want to go into space,” Nadya said.

Punk rock group Pussy Riot has gained worldwide popularity for its provocative performances and criticism of the Russian government.

Last year, Pussy Riot started using NFTs to raise money for social causes. In March 2021, the video for their music single “Panic Attack” was sold as an NFT series for a total of 178 ETH. Then most of the money goes to victims of domestic violence.

“I want to bring a massive human rights and philanthropic component to NFTs,” Nadya said.

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