NFTs of empowered women aim to drive female engagement in crypto
Female artists are creating NFTs to empower women everywhere, proving that crypto isn’t just an all boys club. The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021, analytics firm DappRadar recorded $2.5 billion in NFT sales, showing a major increase from the $13.7 million in sales during the same time period in 2020. Christie's auction house reported $93.2 million in NFT sales during the first half of 2021. In addition to impressive sales, the NFT marketplace OpenSea, which reportedly hosts 98% of the....
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By women and for women: Crypto industry leaders take action to bring equality to the blockchain sector by developing female-centric initiatives. The tech industry is notorious for its male-dominated culture, and unfortunately, the blockchain space may still be exhibiting this, at least for the time being. Although female cryptocurrency investors are on the rise, men still make up the majority of job positions within the blockchain sector. This could be due to a number of reasons, such as a lack of funding for female-led blockchain companies or the ever-present gender wage gap in tech.....
Female artists and creators are implementing various forms of activism and social value into NFT collections, using them to combat gender inequality. With the blockchain industry growing at lightspeed, businesses are actively and, even desperately, seeking out talent; and there just doesn’t seem to be enough manpower out there. Enter women — literally around 50% of the global population that has, so far, been heavily underrepresented in crypto. With most developers being men, it’s understandable this still dev-led space noticeably lacks female contributors, but as the industry surges,....
Web3 games are focusing on community building, aesthetics, customization and representation to attract female users — but is this enough? Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive inclusivity. A recent report from the Entertainment Software Association found that 48% of gamers in the United States identify as female. It has also been noted that nearly half of all gamers in the world are women. The interest that women have taken in the billion-dollar gaming sector is notable. This, combined with the....
The survey of 1,031 female Americans between the ages of 18 and 65 discovered that 15% of women are interested in a career in crypto. Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. BlockFi noted that a third-party survey panel conducted the study on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65.According to a recent study by BlockFi focused on the shifting attitudes toward cryptocurrency, 92% of....
Far less women still engage with the Bitcoin community with the exception of organizations such as The Digital Citizen Fund. It is formally known as the "Women’s Annex Foundation" and uses Bitcoin to pay girls and women in developing countries as they learn to access technology, virtually connecting with others across the world and obtaining necessary skills to succeed in a global market. According to figures from Coin Dance, the margin between male and female use of the digital currency is too wide to talk of a balance at this point. In its Bitcoin Community Engagement by Gender....