A recent Pew Research Center survey found that only 19% of women aged 18-29 invest in cryptocurrencies, compared to 43% of men of the same age group.
However, differential representation in the cryptocurrency and blockchain industries dwarfs these numbers. According to a 2019 report, the proportion of women working in these fields – including as developers, investors and casual enthusiasts – ranges from 4% to 6%; At least 94% of the workforce are men.
This is a big topic: Fortunes are often made in an industry. The future direction of the industry – who invests, what builds next – is often influenced by these big winners. According to experts, now is the time for women to shape the crypto industry and its future as their absence could ultimately diminish their influence and benefits.
“It is vitally important that women and women-identifying women are now part of crypto and blockchain as we build the next generation of the financial ecosystem to replace the traditional system masquerading as legacy (non-blockchain) systems are outdated,” said Natalie Demary, co-founder and CEO of CryptoFemme. Her organization and the rising DAO (Decentralized Autonomous Organization) are trying to raise awareness and bring more women to crypto. “Crypto and blockchain came out of finance and technology, and traditionally these industries have not had a high proportion of women. We are trying to change that.”
“Crypto is a world that moves fast, with many voices and opportunities within the space,” said Mel Perry, co-founder and CVO (Visionary Officer) at CryptoFemme. The good news for women is that there are still plenty of opportunities for those who are inspired to build a career for themselves, narrowing the diversity gap in the space.
According to growing groups of artists, programmers, entrepreneurs and investors, women cannot afford to put off learning about cryptocurrency and determining if it fits into their financial strategy and risk tolerance. These women are making their mark on the industry without waiting for an invite, and will do whatever it takes to encourage other women to do the same.
By offering education, mentoring, and a community suitable for all cryptocurrency experiences, but especially for newcomers and crypto-curious people, CryptoFemme seeks to bridge the gap for all 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 education and mentoring program for beginners. It consists of six week-long crypto masterclass courses covering, among other things, the background of crypto, why it was developed, how it works, how you can use it and best practices for privacy, security and profitability. Join the community here to learn more about the program as well as other events, tools and resources for women and people who identify as femme and have all levels of crypto experience.