Briana Marbury, CEO of the Interledger Foundation, noted that the crypto industry is often characterized by a strong 'bro culture' that is unwelcoming to anyone who falls outside of the “pale and male” category.
The world of Web3 has opened up new opportunities for individuals to participate in a more open and transparent internet, and to create wealth. However, despite the potential benefits of this emerging technology, women face unique challenges in the Web3 space. From the lack of diversity in the industry to the gender bias in funding, women encounter significant obstacles that make it difficult for them to thrive in the decentralized web.
Martens shared her observation that she rarely ever sees women in the C-suite when examining new web3 companies and their management. She noted: Similarly, Sandy Carter, the COO and Head of Business Development at Unstoppable Domains, noted that women make up only 12.7% of the Web3 workforce, highlighting the need for greater diversity within the industry. In her experience, Carter has observed a significant gender gap in job applicants, with only 3% of candidates for a recent role at her company being women.
“People, women especially, can often self deselect themselves from pursuing potentially lucrative, rewarding and purposeful career pathways in crypto - or technology more broadly - because they believe ‘it’s not for people like them.’ Intentionality is key here. There needs to be a lot of intention in the crypto space in shifting old tropes into new and inclusive narratives.”
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