Women Break Stereotype and Secure Their Place in Crypto Space by CoinQuora
With the retail investment revolution, boom and NFTs reaching $ 11 billion in the third quarter, 2021 has been the year of digital expansion in the world of finance and technology. WEMP, an ERC20 token that aims to empower women around the world.
CryptoChicks helps women learn about cryptocurrency and blockchain.
As with the finance and tech industries, the cryptocurrency space is undoubtedly a male dominated field, but more and more women are taking their place in the spotlight. Thanks to professionals like @crypto_chicks, @NFTgirl and @BTCbombshell who have made a name for themselves on the cryptocurrency circuit, as well as more and more NFT artists and collectors establishing themselves in the field, the ratio of men to women is closing slowly but surely. . Here we take a look at how women are helping to close the gender gap in the crypto industry.
Despite the exploding investment space, a recent survey conducted in partnership with CNBC and Acorn found that only 7% of women invest in the stock market, compared to 16% of men. One of the main areas of investment of the gender disparity has been found in the cryptocurrency market, where less than a third of investors were women and only 4% were black women.
CryptoChicks, aka Elena Sinelnikova and Natalia Ameline, began when two friends of software engineers and blockchain enthusiasts worked their way through the ins and outs of blockchain. It was then that they both thought of the idea of helping other women walk through the often intimidating space with confidence. What started from humble beginnings is now an international non-profit organization with events in 56 countries helping thousands of women deepen their cryptocurrency knowledge and learn more about blockchain.
Another woman famous for being a role model for women in the crypto space is SEC Commissioner Hester Peirce aka “Crypto Mom”. Pierce plays the central role of providing regulatory frameworks for digital assets alongside President Gary Gensler in the US government organization’s men-centered Securities and Exchange Commission (SEC).
While this is a work in progress with all the growing pains and roughness that it entails, DeFi’s promises of democratization, open access, transparency, predictability, and systemic resilience are alluring.
Crypto Mom has been with the SEC for more than five years and is expected to stay until at least 2025. The businesswoman is passionate about making crypto digestible for female investors. In a recent speech at George Washington University Law School, Pierce said she was optimistic about the future of the digital economy.
Shanah Walton, also known as “Bitcoin Bombshell”, is a native New Yorker and crypto event planner who is passionate about organizing events for women to more easily navigate the minefield that can often be cryptocurrency.
Walton offers consultations, hosts webinars and provides a website where women can begin their educational investment journey in easily accessible and digestible language. The entrepreneur’s end goal is to engage underrepresented communities with digital currency and increase distributed technologies such as the visibility of blockchain as a valuable product, making it accessible to everyone.
Women Empowerment Token
Women Empowerment Token (WEMP) is another organization that makes cryptocurrency more accessible to women around the world. Specifically, WEMP is a decentralized and deflationary community-driven ERC20 token that aims to empower women across the globe and close the gender gap in the male-dominated industry.
Each month, the WEMP community votes, chooses and donates to women entrepreneurs to support their businesses. It also provides free resources to help women learn more about cryptocurrency. WEMP has a strict women-only policy for its NFTs, only allowing NFTs created only by women, encouraging a safe space for women in the space. It also provides free resources for women so that they can boost their crypto education.
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