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 amongst male and female Web3 investors.
According to a recent report from cryptocurrency marketplace Gemini, women make up just 26% of Web3 investors. Additionally, as evidenced by ownership of bitcoin (BTC-USD), the premiere digital currency, women make up less than 15% of bitcoin investors.
The emergence of NFTs, or non-fungible tokens, has created opportunities to grow the Web3 community in both size and diversity. NFTs surpassed $22 billion in the global market last year, according to data from DappRadar, a firm that tracks sales, easily eclipsing the $100 million market in 2020.
Continue reading: https://money.yahoo.com/crypto-women-web3-investing-131037478.html
And while the numbers show a growing interest amongst young investors, a stark disparity exists amongst male and female Web3 investors.
According to a recent report from cryptocurrency marketplace Gemini, women make up just 26% of Web3 investors. Additionally, as evidenced by ownership of bitcoin (BTC-USD), the premiere digital currency, women make up less than 15% of bitcoin investors.
The emergence of NFTs, or non-fungible tokens, has created opportunities to grow the Web3 community in both size and diversity. NFTs surpassed $22 billion in the global market last year, according to data from DappRadar, a firm that tracks sales, easily eclipsing the $100 million market in 2020.
Continue reading: https://money.yahoo.com/crypto-women-web3-investing-131037478.html
