World of Women and Tezos Partner to Push for Gender Equality Across Web3
The team behind the World of Women (WoW) non-fungible tokens (NFTs) project has teamed up with Tezos to push gender parity across the Web3 space by creating more opportunities for women.
WoW said with support from Tezos, it has aspirations to expand its reach and empower more women by connecting and supporting them.
“WoW has exerted significant influence for women globally across web3. Tezos’ advanced technology, industry expertise, and extensive network can bolster WoW’s impact for a new era of growth,” says Kathleen Breitman, a prominent figure in the blockchain industry, and the co-founder of Tezos.
According to WoW and Tezos, women are underrepresented across the Web3 sector. The gap is further widened by the funding disparity, with male-led ventures receiving four times more investment. This is a testament to the ongoing challenges women face in securing funding, recognition and support.
Women constitute 37% of cryptocurrency holders but only 27% of the web3 workforce and 13% of startup founding teams, according to data from the Boston Consulting Group .
“Women are underrepresented and underserved across web3, just as they historically have been across tech and finance,” said Shannon Snow, World of Women COO.
But their contributions and potential are immense. WoW aims to unite the collective power of women across web3 and beyond and provide opportunities to further their impact at the forefront of art, tech and culture,” adds Snow.
There are more initiates backing women in Web3 emerging. In January, crypto exchange Bitget launched a new initiative dubbed the “Blockchain4Her” group which aims to support female-led businesses.
Blockchain4Her has launched incubation programs tailored especially for female
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