Olayinka OdeniranThe Foundation Black Women Blockchain Council (BWBC) in 2018 after attending the North American Bitcoin Conference in Miami that year.

Just three of 88 speakers were womenIt was dominated by white men. This is the so-called “networking party” was held at a strip clubThere were many women who felt disappointed and uncomfortable at the place.

Odeniran explains to CNBC Make It that after experiencing this, the women in that space “basically said they had enough,” Odeniran says. “Instead complaining, we decided that instead of complaining, and to unite ourselves in creating our own community.”

Although it was exciting to create a community of crypto women, I realized that there were only a few people who looked like me. She says that she began looking for Black women who were in the same space. Odeniran invested since in the onboarding of Black women into the space via the BWBC. The global benefit LLCBlack women in the world can access educational resources that will help them understand and grow wealth through blockchain.

In July 2021, the BWBC partnered with notable Ethereum software company ConsenSys to launch an online program to train half a million Black womenGlobal blockchain development by 2030. Odeniran confirms that the initiative will begin in 2022’s third quarter.

We want representation to demonstrate that the space isn’t just for one person. male dominatedShe says. There are a lot of women involved in this. “We’re accomplishing a lot of amazing things.”

This mission is not just for Odeniran. There are many other female-led crypto organisations that aim to encourage diversity. Non-profit organizations are also included. Women in Blockchain (WiB)and independent, decentralized entities (DAOs() Like the Komorebi CollectiveYou can also find other useful information at www.stackoverflow.com

Manasi VoraWiB’s founder would have agreed.

Vora discovered bitcoin in 2016 while researching monetary policies. Although Vora had previously worked in traditional finance in a bank, she became interested in bitcoin after reading about prime minister Narendra Modi. banned most of India’s currency notesIt is almost impossible to devalue it overnight.

Vora states, “This sent a lot shockwaves through the Indian economy.” The most affected was the marginalized. That was the pivotal moment when I began to think about money.”

She fell into the “rabbit hole” of bitcoin after that. Vora was intrigued by the potential of bitcoin, even though she noticed she was not one of many women present in an industry conference room with hundreds of men.

There was a narrative that crypto would change the world of finance back in those days. Vora states that she saw the same systemic biases as traditional finance in crypto. There wasn’t enough diversity in decision-making rooms.

Vora quit her day job to become a full-time crypto enthusiast. In 2017 Vora founded WiB (an organization that promotes diversity within the cryptocurrency space). Vora hopes that WiB will help to reduce barriers to entry into crypto through the provision of educational resources.

Vora also believes in funding female and nonbinary crypto founders. This led to her co-creating the Komorebi Collective DAO 2021. The Komorebi Collective DAO is a fund that invests in projects and start-ups led by women or nonbinary creators.

A DAO can theoretically be described as a blockchain-based organization. collective that isn’t governed by one person or entity. Instead, the rules and governance of its organization are codified. smart contracts and cannot be changed unless voted upon by the DAO’s members. Although there have been many DAOs established in recent years, they can still be risky. There are many legal and safety benefits. unknowns to be worked out.

Vora and WiB partner with she256The nonprofit, which also seeks to improve crypto diversity, is called. Kinjal ShahVC Blockchain Capital’s partner in the creation of Komorebi Collective to serve as investment DAO.

Shah states that inclusion should be part of crypto conversation earlier in the day. I am conscious about making sure that everyone can participate in the discussions and create safe environments. I hope Komorebi will be part of the change.

Medha KothariCo-founder at she256, Dr. Maura, also feels the same.

“We [are]Blockchain technology has convinced you [is]”We are going to fundamentally alter the way that our financial system runs and how our societies is governed,” she said. We felt it essential that the people who build these systems reflect the diverse population of the world.

Each person must have invested $5,000 in order to be eligible for membership of the DAO. Members have the ability to vote in deciding which crypto founders are invested in. Vora reports that so far the DAO raised $400,000 for investment. They have invested 65% of that in businesses around the world. They plan to increase their capital in the future.

Vora refused to reveal which crypto companies she had invested in and said that not all are public. She did however mention two companies in decentralized finance.DeFi() Ecosystem, which includes saving and lending, while other companies include an NFT Marketplace and one that is focused on building wealth for women using crypto. Vora Shah and Shah have extensive experience in this space. Financial experts advise being cautious and understanding the risks when investing in DeFi or NFTs. taking time to research before buying in.

“There is a diversity problemVora states that this problem must be addressed in crypto, and that organizations such as ours can bridge that gap.” But I think it’s wrong to only highlight women who are in this space.

Vora, along with her co-creators, have one goal through the Komorebi Collective: “Get a bunch of really badass women founders, builders, and investors in that space to come together, pool capital, or learn and make a big difference while making returns,” Vora says.

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