Women's Entrepreneurship In Crypto
Let's explore women's entrepreneurship in the crypto industry.
Today is Women's Entrepreneurship Day, which has been celebrated worldwide since 2013 every 19th of November. The goal of Women's Entrepreneurship Day is to help raise awareness regarding the importance of women participating in the global economy, not just as product consumers and service users but also as entrepreneurs spearheading the development of various industries.
The gender gap between the number of executive-level positions in companies held by men and women is also an important issue addressed by Women's Entrepreneurship Day, which encourages women to become industry leaders who are making a difference in the world.
Finally, Women's Entrepreneurship Day is about making the business environment more inclusive toward women and less a male-dominated segment of society.
On this Women's Entrepreneurship Day, we'll explore female entrepreneurship in crypto, what are the key factors that can contribute to its growth, and we'll have a look at some inspiring success stories of influential women in crypto.
Women Are Into Crypto Too!
One of the most common gender-based misconceptions about cryptocurrency and blockchain technology is that crypto is a male industry and that women generally have no interest in this new, disruptive technology. This claim couldn't be more far from the truth.
In fact, available data shows that around 37% of the 420 million global crypto holders are women, compared to 21% in 2021. Women hold some 26% of all jobs in the crypto industry, while 70% of female crypto holders are storing their crypto long-term and are considered HODLers.
These numbers clearly show that women are absolutely an integral part of the crypto industry, and unlike common myths claim, yes, women are into crypto too!
Blockchain technology and crypto bring an unprecedented level of innovations and change to how people can pay for products and services, manage and store their funds, as well as how they can interact with each other, and women are just as fascinated by crypto as men.
Female Entrepreneurship in Crypto
While women account for around a quarter of employees in the crypto industry, statistics show that just 3% of crypto businesses have female founders. Furthermore, just 10% of crypto fund partners are women, while only 5 of the top 120 global crypto companies have at least one female co-founder.
This means that there's a vast difference between the number of women interested or involved in crypto in some capacity and the number of women who are engaged in the industry as entrepreneurs, company founders, and C-Suite executives.
But why is it so, and could these figures change?
Initially, the crypto community was relatively small and populated mainly by "tech-geeks" who believed in Bitcoin in 2009 and 2010, when most of the world was quick to dismiss BTC. The first investment funds, large-scale businesses, and exchanges to enter the industry were simply reproducing the standard gender gap rate in entrepreneurship, which is a result of long-lasting social, economic, educational, and other factors.
Luckily, the change is happening before our very eyes, thanks to female blockchain organizations like Global Women in Blockchain and inspiring female entrepreneurs and industry leaders who take upon themselves the task of paving the way for female entrepreneurship in the crypto industry.
Empowering Women in Crypto Through Blockchain Education and Community Building
Comprehensive blockchain education and community building are essential factors that can contribute to the growth of female entrepreneurship and success rates in the crypto industry.
CryptoChicks is an excellent example of a non-profit female blockchain project aimed at helping women navigate the world of blockchain technology and join the industry as creators and entrepreneurs. Their CryptoChicks Academy is a valuable educational resource that helps women obtain the necessary skills to enter the crypto market.
Women Do Crypto is an example of a networking platform that connects women in the blockchain industry and encourages them to found their own crypto companies.
The Association for Women in Crypto is an international community of female crypto professionals and entrepreneurs that organize gatherings and networking events. At the same time, Global Women in Blockchain aims to unify crypto educational resources that help women become industry leaders and start their own crypto companies.
Furthermore, there are blockchain conferences such as International Women of Blockchain, which are basically all-encompassing crypto summits that focus on the role of women in the industry.
Examples of Influential Women in the Crypto Industry
Let's have a look at a few inspiring cases of female entrepreneurs in the crypto industry.
Elizabeth Stark is a computer science professor with a rich career at top US universities, who jumped onto the crypto bandwagon, attracted by the technological innovation of Bitcoin. She is now the co-founder and CEO of Lightning Labs, spearheading efforts to create Bitcoin scaling solutions that can boost the BTC network's overall performance. Elizabeth has been featured in Forbes and the New York Times as a top-tier female crypto entrepreneur.
Jutta Steiner is a co-founder of Parity Technologies, an innovative blockchain company geared toward developing Ethereum-based platforms. The company specializes in providing custom blockchain solutions for projects that want to build on Ethereum. Jutta is a passionate blockchain and decentralization advocate who began her career in McAfee before shifting to the Web3 sector, and she was also a researcher at the University of Edinburgh.
Meltem Demirors is the Chief Strategy Officer of CoinShares, one of the largest crypto asset management platforms in Europe. Meltem is an experienced blockchain and finance professional, often seen at key blockchain conferences as a keynote speaker and panel participant. She is a vocal supporter of cryptocurrency as the future alternative to traditional money.
Galia Benartzi co-founded Bancor Protocol, one of the leading DeFi crypto projects on the market. Bancor is an innovative blockchain project that allows users to automate on*chain trading strategies and execute arbitrage trades between Bancor and external exchange platforms, among other features. Galia is also the CEO of a cross-platform software company called Particle Code. She is an example of a female success story at the core of a top-notch crypto project.
zondacrypto: The Story Behind the Brand
Every reputable company has a background story about its brand identity, name, and logo. This is our story.
Major Regulatory Concerns in Crypto
Let’s have a look at the major concerns expressed by regulators in the latest court case against a major crypto ...
NFTs and the Prevention of Illegal Art Trafficking
NFTs can help protect artists' copyrights, prove ownership over artwork, and prevent illegal art trafficking.
Why Is Regulation So Important for Crypto?
Check our new blog post to learn why is regulation so important for the cryptocurrency market.
Crypto Trends in October 2023
Let’s check out what were the most important news and trends on the crypto market in October.
How to Choose a Safe Cryptocurrency Exchange?
One of the most critical aspects when choosing a cryptocurrency exchange is the platform's safety.
Crypto Trends in September 2023
Let’s check out what was the most important news and trends on the crypto market in September.
Why and How is zondacrypto Better Than Others?
It can be difficult for beginners to choose the right platform for their needs. Read on to find out why ...
Why do cryptocurrencies work well for e-commerce?
GAMIVO is yet another satisfied customer of zondacrypto pay
Crypto Trends in August 2023
Let’s check out the most important news and trends on the crypto market in August.
Crypto Trends in July 2023
Let’s check out the most important news and trends on the crypto market in July.
Around 30% of MEVSPACE customers pay with cryptocurrencies with zondacrypto pay
One in three customers is already paying for dedicated servers and VPS services with cryptocurrencies
zondacrypto is listing Quant
zondacrypto is listing Quant, the cryptocurrency which bridges the gap between blockchains
Crypto Trends in June 2023
Let’s check out the most important news and trends on the crypto market in June.
Regulatory tightening and EU MICA - risk or opportunity
In this article, we’ll discuss the upcoming Markets in Crypto Assets (MiCA) bill proposed by the EU Parliament. ...
The 5 Main Types of Crypto Attacks
In this article, we’ll examine the five main types of attacks that target cryptocurrency users.
Crypto Trends in October 2022
It’s October! What's trending in crypto this month?
Crypto Trends in September 2022
It’s September! What's trending in crypto this month?
Bitcoin Showing Signs of Resurgence After Catastrophic Dip: What's Contributed?
The Crypto Winter looms even as Bitcoin’s price shows signs of stabilising and resurging. Read on to discover ...
The Polygon Blockchain Is Here
The Polygon blockchain has finally arrived to zondacrypto, and it will be a true game-changer for our users.
We will conduct a scheduled maintenance from 10:00 AM to 10:45 AM (UTC+1) on 27.11.2023.
Wallet Maintenance on 26.11.2023.
On 26.11 from 11:00 to 13:00 (UTC+1) a wallet maintenance is planned.
Black Friday Means a 50% Commission Discount on crypto markets!
zondacrypto is having a Black Friday Promotion.
We will conduct a scheduled maintenance from 6:15 AM to 7:00 AM (UTC+1) on 23.11.2023.
zondacrypto Giveaway Winner List
Our two-month long massive Bitcoin giveaway is over, and we are proud to announce the giveaway winners.
zondacrypto Will Be Participating in Blockchain Expo
zondacrypto will be participating in the Blockchain Expo conference in London from the 30th of November to the ...
Adding and Removal of Several Markets (13.11)
We are removing DAI/EUR, JUV/EUR, and adding ZRX/USDT, PUNDIX/PLN and MATIC/EUR markets.
We will conduct a scheduled maintenance from 6:15 AM to 7:45 AM (UTC+1) on 14.11.2023.
How Is zondacrypto Working on All Saints’ Day?
Please note that on All Saints’ Day on 01.11.2023, our exchange platform will be operational as usual, however ...
1.23 Stablecoins: What Are They and How Do They Work?
A stablecoin is a non-volatile cryptocurrency whose price is tied to the value of a specific fiat currency.
1.21 What are Proof-of-Work Cryptocurrencies?
Proof-of-Work blockchains use miners to validate transactions and process network traffic.
1.22 What Are Proof-of-Stake Cryptocurrencies?
Proof-of-Stake cryptocurrencies allow users to earn staking rewards by participating in the blockchain’s ...
4. 08 Phishing: types and examples
Phishing is a type of fraud that involves impersonating another person or institution in order to extract data ...
4. 07 Investment scams. What to look out for?
Investment fraud is one of the most common recent threats that is oriented towards people who use the services ...
4. 06 Travel Rule
Travel rule is a rule well known from the traditional banking sector, which states that all funds sent from one ...
2.16 Crypto taxation in Poland
Every year in Poland, more and more people are investing in cryptocurrencies. This involves, among other things, ...
4.05 Crypto taxation in Poland
Every year in Poland, more and more people are investing in cryptocurrencies. This involves, among other things, ...
4.04 Illegal Activities in Crypto
In this lesson, we explore recent statistics and discover insights about criminal activities related to ...
4.03 DLT Pilot Regime
The Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based ...
Invezz / Interview: Volatility, liquidity and what happens next for crypto – zondacrypto exchange
Anyone who has ventured into the cryptocurrency world will agree with one thing: the volatility is unmatched. Be it plummeting or soaring prices, crypto markets are notorious for the pace at which they move. In this interview, Stanislav Havryliuk, our COO, assesses the current situation on the crypto market.
US regulators are cracking down on stablecoins!
Blockworks spoke to our COO Stanislaw Havryliuk about the recent SEC action against @PaxosGlobal and stablecoin #BUSD
Should we expect to see similar action against #USDT and #USDC? Which #stablecoin is the safest option?
Meet the person that is creating ripples of growth in the crypto space
Our CEO Przemysław Kral is making headlines again!
In this feature from FoxInterviewer, he discusses the skills needed to succeed in the emerging digital assets industry, the importance of KYC and AML procedures, and the tools he is building at Zonda.
Business Insider recently had a chat with our CEO
Zonda’s CEO Przemysław Kral recent spoke to @BusinessInsider about the importance of consumer safety and compliance in the #crypto sector.
Read the full article, along with additional commentary from our COO Stanislav Havryliuk
How will the US banking crisis affect crypto? Our CEO spoke to Benzinga
The collapse of Silvergate has sent shockwaves through the crypto industry. Where will US crypto businesses now go for banking services?
Zonda CEO Przemysław Kral recently spoke to @Benzinga about this issue and the problems it could cause.