Web3 activists fight for reproductive rights with NFTs, DAOs and protests
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade. Web3 community members are fighting back against the United States Supreme Court’s ruling to overturn Roe v. Wade. On June 24, 2022, the landmark court case that previously assured the right to have an abortion was overturned, sparking a backlash among reproductive rights activists in the U.S.Some activists have turned to Web3 solutions, creating decentralized autonomous orginzations (DAOs) and nonfungible token (NFT) projects focused....
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Cointelegraph caught up with Animoca Brands co-founder Yat Siu at NFT LA to learn more about DAOs, Web3 and why NFTs are critical. The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in the open metaverse as the underlying assets people interact with. Decentralized autonomous organizations (DAOs) are also coming to fruition to allow for community governance within virtual environments. The growth of Web3 has essentially allowed NFTs and DAOs to flourish. For example,....
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts. What is an investment DAO?A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its community is an investment DAO. Investment DAOs tap into the power of Web3 to democratize the investment process and make it more inclusive. DAOs can have their units in tokens that are listed on a crypto exchange. The community rules are agreed upon and governance is enforced through smart contracts.....
IP rights will continue to be an area of conflict within Web3 and NFTs, but there's no easy solution, lawyers told Cointelegraph. Intellectual property (IP) rights will continue to be a growing area of tension within Web3 and NFTs, as IP rights often rely on a single "identifiable entity," while Web3 is more often decentralized. Speaking to Cointelegraph, David Kappos, a partner at Cravath, Swaine & Moore LLP said that IP is traditionally “owned by an identifiable entity, which makes it necessarily centralized from a legal viewpoint.”Kappos suggested that the tension between IP and....
Challenges to internet freedom are threats to grassroots protests, panelists agreed. On Friday, NSA whistleblower Edward Snowden led a panel discussion as part of a fundraiser for the Tor Project.Joining Snowden were three experts in internet privacy and human rights. The four focused on global protests over the past year, whether they were in Minsk or Portland. Founder of the Library Freedom Project Alison Macrina said that: “What we saw a lot this summer with the BLM protests across the country and the world was [..] law enforcement monitoring social media of activists.” She continued to....
In the past decade, technology has assisted protests and social movements in a way few predicted. While most political commentators were wondering about the effectiveness of public protests, activists in the Middle East were overthrowing governments with significant help from a certain social network that limits messages to a brief 140 characters. Regardless of what situations those countries find themselves in now, the power of protests could not be denied. It hasn't been a fast track to freedom (see: Egypt) but it can undoubtedly get things done. The use of social media and technology....