According to a survey conducted for CNBC and Acorns in 2021, women have relatively invested less as compared to men when it comes to both digital and traditional investments. The numbers tell it all. Men invest twice as much as women: in cryptocurrency (16% of men vs 7% of women), exchange-traded funds (14% of men vs 7% of women), individual stocks (40% of men vs 24% of women), in mutual funds (30% of men vs 20% of women), real estate (36% of men vs 30% of women) and bonds (14% of men vs 11% of women).
Angela Walch, a research associate at the UCL Centre for Blockchain Technologies in London, recently commented, “The crypto world seems to mirror the tech and finance worlds in terms of gender; there are women, but the space is heavily male-dominated”.
“As crypto becomes more mainstream, it is important to have diverse perspectives in creating and running the systems so that better decisions can be made,” she told the Thomson Reuters Foundation.
But the good news is that while the cryptocurrency and NFT space is male dominated, women too are making waves significantly in the emerging and lucrative virtual world.
Many female creators, collectors and technology innovators are breaking into these two blockchain technologies and making it accessible and inclusive for all.
Here are some trends that we have noticed in the new wave of digital currencies.
Embracing NFTs
NFTs or Non-Fungible Tokens are digital assets that can’t be duplicated. You can digitise any unique asset of yours, such as an art, a tweet, a trading collectible or even a concert ticket. Once you know how to create or mint digital art and put it up on the marketplace, collections can be bought and sold expensively. So, even a rise averse investor can get into the NFT market.
The NFT marketplace is attracting a niche audience. There has been a significant rise of celebrities, artists and investors even though the NFTs bought are relatively small.
For instance, Randi Zuckerberg is a big NFT…
