The Cryptocurrency Industry Has A Problem: There Aren’t Enough Women

The Cryptocurrency Industry Has A Problem: There Aren’t Enough Women

A recent Pew Research Center survey found that only 19% of women aged 18 to 29 invest in cryptocurrencies, compared to 43% of men in the same age group.

However, the disparity in representation in the cryptocurrency and blockchain industries dwarfs these figures. According to a 2019 report, the proportion of women working in those fields—including as developers, investors, and casually interested people—hovers between 4% and 6%; at least 94% of the workforce is made up of men.

This is a big issue: An industry’s infancy is frequently when fortunes are made. The direction the industry takes in the future—from whom to invest in to what to build next—is commonly influenced by those big winners. According to experts, now is the time for women to make their mark on the crypto industry and its future because their absence could eventually lessen their influence and advantages.

“It’s vital for women and femme-identifying people to be a part of crypto and blockchain right now because we’re building the next generation of the financial ecosystem to replace the traditional system, which is in a state of decline as legacy (non-blockchain) systems become outmoded,” says Natalie Demary, Co-founder and CEO of CryptoFemme. Her organization and budding DAO (decentralized autonomous organization) seek to educate and bring more women into crypto. “Crypto and blockchain came from finance and tech, and those industries traditionally don’t have a high representation of women. We’re trying to change this.”

“Crypto is a world that moves fast with many voices and opportunities within the space,” according to Mel Perry, Co-founder and CVO (visionary officer) at CryptoFemme. The good news for women is that there’s still plenty of opportunity for those inspired to create a career for themselves, thereby shrinking the space’s diversity gap.

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Women can’t afford to put off learning about cryptocurrency and determining whether it fits into their financial strategy and risk tolerance, according to growing groups of artists, coders, entrepreneurs, and investors. These women are making their mark on the industry without waiting for an invitation and doing everything they can to encourage other women to follow suit.

By offering education, mentoring, and a community appropriate for all experience in cryptocurrency, but especially for newcomers and the crypto-curious, CryptoFemme is attempting to close the gap for all of these individuals and groups of women. Because cryptocurrency is the future and women are the future.

The CFC (CryptoFemme Collection), their flagship product, is a primary beginner-level education and mentorship programme. It consists of six week-long crypto masterclasses courses that cover the background of crypto, why it was developed, how it functions, how you can use it, and best practices for privacy, security, and profitability, among other topics. Join the community here to find out more about the programme as well as other events, tools, and resources for women and people who identify as a femme who have all levels of crypto experience.