Could Web3 and Crypto Pave the Way for ‘Abortion-Focused’ DAOs?

Blockonomics
Could Web3 and Crypto Pave the Way for Abortion-Focused DAOs?
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Following the leak of a U.S. Supreme Court draft opinion that will overturn the 1973 landmark Roe v. Wade choice, activists and entrepreneurs are trying for alternate options to assist fund an “abortion-focused” DAO.

Ultimately, they see this as a approach to supply cash to girls in additional than two dozen states the place abortion providers could also be considerably restricted or banned. 

However, if Roe is overturned, it’s price noting that abortion wouldn’t be “outlawed” – reasonably, states would have the ability to individually decide the process’s legality.

Currently, 13 states in the U.S., together with Arkansas, Idaho, Kentucky, Louisiana, Mississippi, Utah, and Wyoming have already indicated their willingness to ban abortion by passing “trigger laws,” which might successfully ban abortions instantly after the pending choice.

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With many anti-abortion teams are already accepting cryptocurrency donations, most nationwide abortion nonprofits and well being care suppliers nonetheless don’t settle for crypto, because it nonetheless hasn’t come into many conversations since the SCOTUS draft leak. 

However, a shift in that dialog may very well be taking place quickly, says Elissa Maercklein, the CEO of the NFT collective Crypto Chicks. Back in February, Crypto Chicks made a donation of 5 ETH (over $15,000 at the time) and round $10,000 as of Friday to the International Planned Parenthood Federation (IPPF), changing into the first crypto donation the group accepted.

“When I contacted them, they were a bit surprised, but excited to learn more,” Maercklein informed The New York Times. In working with the IPPF, Maercklein has ensured the group will proceed accepting crypto donations by way of the Giving Block platform, which will even allow a number of anti-abortion teams, together with Alliance Defending Freedom, National Right to Life and Students for Life of America.

How would an ‘abortion rights’ DAO work?

According to Dr. Giobannina Anthony, an OB-GYN, says that if Roe v. Wade is overturned, these “trigger laws” will current new hurdles and prices for suppliers and girls in search of abortions. 

Ideally, members to an abortion rights DAO would pool funds that will be used to pay for out-of-state journey, in-clinic procedures and the drugs that account for 54 p.c of abortions in the United States. 

Big tech together with Amazon and Citigroup have additionally agreed to assist workers cowl journey prices, regardless of potential penalties for many states the place financially facilitating abortions carries authorized penalties. 

The utility of DAOs

Over $40 million in Ether was raised by way of DAOs in 2021, starting with ConstitutionDAO and transferring to the rise of crypto donations to Ukraine by way of UkraineDAO, which was organized partly by Nadya Tolokonnikova of Pussy Riot. 

The DAO raised over $7 million in a matter of days by promoting an NFT of a Ukrainian flag, to assist present humanitarian and reduction efforts in Russia’s unprovoked invasion of Ukraine again in February. 

The query stays as as to whether Web3 by and by way of digital currencies can present an alternate solution to increase funds as conversations surrounding Roe’s overturning proceed

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