The Web3 community has witnessed growth opportunities with the popularity of non-fungible tokens
The promise of Web3, a vision of the internet built on blockchain-based, decentralized systems, has reinvigorated an entirely new generation of investors. According to a 2021 study by the personal loan company Stilt, 94% of people who own crypto are millennials or Gen Z. And while the numbers show a growing interest amongst young investors, a stark disparity exists between male and female Web3 investors.
The report showed that women make up only 26% of Web3 investors; and 15% of bitcoin investors, even though a 2021 study by the personal loan company Stilt showed that 94% of people who own crypto are millennials or Generation Z.
The Web3 community has witnessed growth opportunities with the popularity of non-fungible tokens (NFTs), which have surpassed $22 billion in the global market since last year, DappRadar’s report showed. However, a report from BTC Markets showed that the cryptocurrency market is witnessing an increase in women users.
One of the leading female voices in the space is Becky Smouha, an entrepreneur and founder of SuperBabesNFT club, a crypto-centered community made by women for women, based in Sydney, Australia. After initially having no interest in investing, Smouha’s boyfriend introduced her to the world of crypto and unlocked an entirely new world of opportunity for her. Now, Smouha believes she must help empower and “gently guide” other women into the space.
“I’ve been seeing what everyone else is bringing to the table and seeing how I can get involved,” Smouha told Yahoo Finance, acknowledging her hesitancy early on. “It’s very showy. It can be very over complicated as well, and with that male-dominated side, it can be very off-putting for a lot of women.”