• WEMP is an ERC20 token which aims to empower women around the globe.
• CryptoChicks helps women understand cryptocurrency and blockchain.

The boom in retail investing and NFTs climbing to $11 Billion in the third quarter of 2018, 2021 was the year for digital growth in finance and technology.

A recent survey by Acorn and CNBC found that just 7% of female investors invest in stocks, as compared with 16% for men. The cryptocurrency market was one of the most gender-discriminating areas in investing. Only 4% of those investors were Black and less than 1/3 were women.

Like the financial and tech industries, cryptocurrency is dominated by males. But, women are taking over the spotlight. Professionals like @crypto_chicks or @NFTgirl are making waves on the crypto circuit. There is also a growing number of female NFT artists and collectors who are helping to close the gender gap. This article will show you how women can help close the gender gap within the crypto sector.

CryptoChicks

CryptoChicks, also known as Elena Sinelnikova or Natalia Ameline were founded by two friends who are both software engineers and passionate about blockchain. That’s when they both thought of the idea to help other women wade through the often daunting space with confidence. The result of their humble beginnings has become an international non profit with 56 events that have helped thousands increase their understanding about cryptocurrency.

Crypto Mom

Another female famous for being a role model for women in the crypto space is SEC commissioner, Hester Peirce—aka “Crypto Mom”. Pierce is the key player in the delivery of regulatory frameworks digital assets with chairman Gary Gensler, a male-centric US government organisation called SEC (Securities and Exchange Commission).

Since 2005, Crypto Mom has held the same position at SEC. It is expected that she will remain there until at least 2025. This businesswoman cares deeply about crypto making it accessible to female investors. Pierce spoke at George Washington University Law School recently and expressed her optimism about the future.

Although a work in progress with all the growing pains and rough edges that implies, DeFi’s promises of democratization, open access, transparency, predictability, and systemic resilience are alluring.

Bitcoin Bombshell

Shanah Walton, otherwise known as “Bitcoin Bombshell” is a native New Yorker and crypto event organizer that is passionate about organizing events for women to more easily navigate the minefield that can often be cryptocurrency.

Walton hosts webinars and offers consulting services. She also provides a website for women where they can begin their education investment journey. The entrepreneur’s end goal is to engage underrepresented communities with the digital currency, and increase distributed technologies like blockchain’s visibility as a valuable commodity, making it accessible to all.

Women Empowerment Token

Women Empowerment Token, (WEMP), is another group that makes cryptocurrency accessible to women worldwide. WEMP is specifically a decentralized token ERC20 that can be used to deflationarily and in community governance. It aims at empowering women all over the world, as well as bridging the gender gap within the industry.

Each month, WEMP’s community votes, chooses and donates to women entrepreneurs to support their businesses. You can also get free resources from the WEMP community to help you learn more about cryptography. WEMP’s NFTs are strictly for women. WeMP will only allow NFTs that were created by women. This creates safe and encouraging space for all females. The program also offers free resources for women to enhance their crypto education.

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