Many of you closely follow the gathering of the decision-makers at Davos during the annual World Economic Forum. Many of you have very strong opinions about these gatherings, which I share. Right now, however, I would like to discuss what inspired me the most during those five days of the summit. This was my first Davos event, and I could not help noticing how many women decision-makers were present, in stark contrast to similar crypto events happening in Dubai and Lisbon, for example.
Yes, the Promenade at Davos was taken over by crypto companies, exceeding the traditional finance and tech presence, but it was the presence of so many women in senior positions representing every segment of the crypto industry that increased my firm belief that the future of the crypto industry is bright. As operations lead of UpLift DAO, a launchpad for innovative crypto community projects, I interact with our community intensely to keep them engaged, and reach out to as many different sectors as possible.
Having a diverse community brings greater support to new projects, and ensuring that women are well represented is foremost of importance. It’s exciting now to see women having integral roles in major projects and taking the lead in this space to inspire the community.
Many surveys and reports bemoan the low participation rates of women in crypto — estimates say as much as 85% of the crypto community is male — however, a 2019 study by Grayscale challenges that trend and found that 43% of investors interested in Bitcoin are women. This number has surely grown as cryptocurrencies offer easy and open access to investing, unlike traditionally traded assets and commodities.
Related: An open invitation for women to join the Web3 movement
An April 2022 report saw women’s participation increase over 170% in the last fiscal year, while men’s usage was just under 80% higher. Moreover, women on average made larger initial deposits, and although they traded less frequently, their portfolios showed more structured strategies and focused positions.
The evolution and leveling of the financial playing field has come about as information and resources have become more easily accessible to everyone, another result of widespread community-building efforts and transparency built into project designs. While in Davos, I met up with several extraordinary women — from investors to mentors to entrepreneurs and technologists — making waves in the crypto community. These women are…
Click Here to Read the Full Original Article at Cointelegraph.com News…
