Non-custodial cryptocurrency platform ShapeShift DAO has launched a new nonfungible token (NFT) auction in support of female artists in the nonfungible token and blockchain industries — a segment of the population that remains underrepresented in the rapidly growing digital economy.

The auction for “Block 495559—Crypto Kitties and the Great Hairball in the Tubes,” a collaborative one-of-a-kind NFT series created by female artist LunaHawk and ShapeShift DAO director GrayMachine, will be held on OpenSea between April 4–11. The NFT series was minted on the Ethereum mainnet and will include custom, animal-themed digital art that conveys the history of the cryptocurrency market through various animals.

ShapeShift DAO members approved of LunaHawk’s 10-piece NFT series in October 2021. The collection was first displayed at the ETHDenver conference in February.

According to GrayMachine, the NFT auction will be a first of a series that will launch in the “coming weeks and months.”

ShapeShift DAO plans to contribute 10% of the NFT proceeds to the Women of Crypto Art Fund, a community group that supports women in the digital art space. The contributions will be made via Giveth, a crypto-focused charitable funding platform.

Related: International Women’s Day 2022 focuses on bringing women to Web3

In addition to promoting women in blockchain, ShapeShift DAO said the auction will also support the needs of the decentralized autonomous organization as it continues to grow.

Now that we're open source, anyone is welcome and encouraged to add new features to https://t.co/RtsJBsfELoShapeShift DAO’s Product and Engineering workstreams will provide guidance and support.How to get started...https://t.co/3pJM8nvIYu@ShapeShift_io #DAO