Art design

How are NFTs supporting the LGBTQI+ community this Pride month?

Although many Pride Month events take place across India, what are NFTs doing to support the LGBTQI+ community?

June is dedicated to LGBTQI+ pride events in the United States and many other countries around the world. For the occasion, an NFT collection paying tribute to a selection of pride icons has been launched to raise funds for organizations fighting for the rights of lesbian, gay, bisexual, transgender and intersex people.

“Pride Icons” is billed as “the largest LGBTQI+ NFT collection in the world”. And for good reason, since it celebrates 100 artists and personalities that the queer community considers cultural icons. The list includes figures such as Andy WarholBarbra Streisand, Cher, Elton John and Marsha P. Johnson, African-American transgender woman and true figurehead of the 1969 Stonewall riots.

All have been immortalized in the form of NFTs – the blockchain-based digital property certificates that are proving popular in the art world and Hollywood — by artists Max Bahman, Gal Ben David and Matan Berson. Rather than choosing to faithfully represent these figures, the artists chose to embody their essence. “Every icon is built from every star, from Elton John to Cher and Harvey Milk, every NFT is tied to the icon and what it represents,” said one of the project’s three co-founders, Eliad Cohen. Forbes.

The “Pride Icons” collection is divided into three groups – “Plus”, “Prime” and “Prestige”. Each has its own level of rarity and grants access to different privileges, such as private events and even cosmetic surgery discounts. “While some are rarer than others, all Pride Icons are fabulous, legendary and unique in their own way,” the draft reads. website.

Collectors have until July to try to to acquire an NFT from the “Pride Icons” collection. The Andy Warhol NFT has already been sold for 1.4 Ethereum (Rs 201829 approx at the time of writing). The entrepreneurs behind the project hope that others will follow.

“Pride Icons is more than ‘just another NFT project’. It pays homage to those legendary LGBTQ+ icons who have brought us this far. Those who have shaped and inspired generations,” they say. “It’s a purpose-driven community that empowers its members to empower nonprofits! A membership for a lifetime.

With that in mind, $1 million will be donated to charities and organizations fighting for the rights of people in the LGBTQI+ community, like GLAAD and the Trevor Project. As Amir Lazarovich, one of the co-founders of “Pride Icons”, explains to Forbes“power will come when enough community has been built, once we have more people, we can do so much good for this world.”

This article is published via AFP Relaxnews.

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