From Binance to SheFi, the frontier is feminine.

Comment by: Elena Sinelnikova, Co-Founder of Metis and CryptoChicks.

Women lead top crypto exchanges. According to Pantera Capital, they earn 15% more than men. We have come a long way.

Web3, however, is nowhere near harnessing the potential of the female community and harnessing its leadership – both economically and culturally/psychologically.

Only 13 percent of Web3 projects have female founders, and they receive only 6 percent of the industry's total funding. Web3 events – conferences, hackathons, after-parties – are dominated by men. And then there are predators lurking around.

Web3 is committed to inclusion and equity for all – getting more women on board and creating safer spaces is essential. Women make up 50% of the world's population, have more than $31 trillion in spending power, and control 85% of consumer spending. Dismissing and, at worst, disempowering their leadership doesn't make sense for Web 3.

Empowering the marginalized benefits everyone

Creating more women-centric corners on Web3 means access and accessibility for everyone. It's about breaking the monopoly of the hypermasculine “bro code” on anything or anyone remotely feminine.

The idea of ​​a female frontier represents a cultural shift in Web3. Care, cooperation, empathy and sensitivity – so-called feminine qualities – are a call to build and nurture spaces that are valued and invisible.

Every person – woman or man – grows in such spaces, whether we accept them or not. It is evident from the number of men who attend and actively participate in “women-only” conferences and events.

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The beauty and strength of women's spaces comes from the experience of being exposed to stigma in all shapes and sizes. Along with sisterhood, these experiences make women more receptive, receptive, and giving.

These qualities are recurring concepts in any textbook definition of inclusion. That is why diverse voices feel more audible and at home in women's communities. It's okay to have a lot of fun while discussing serious issues and big ideas to change the world.

Constructing a female boundary

Getting more women on board Web3 and creating more women-centric spaces will make the industry internally inclusive and fulfill its external mission of promoting inclusion in finance.

But breaking generational stereotypes is just as difficult, if not more difficult, than replacing old business structures. The women themselves are made to feel inferior, even if someone else tells them so. This greatly complicates the problem.

Statistics showing that women-led businesses have achieved higher revenue growth or return to equity do not seem to make a difference. The fact that women-led companies grow roughly twice as fast as their male-led counterparts has failed to produce the desired results.

The problem is not entirely logical or cognitive, but psychological and deep-rooted. You have to learn a lot before you can learn new ways or see yourself in a new light. Because of this, education, mentoring and universal support are critical.

Women-centered societies are doing well in this regard. From groups to scholarships, they give young and aspiring women a way to make it big in Web3. It's not just talk and lip service.

As these women-centric communities grow, they generally create greater visibility for women who are leading the evolution of Web3 in various capacities. This evolution creates positive change, inspiring more young women to take the leap and stake their claim on technological paradigms.

In addition to the vision of appropriate training and skill development – ​​the women supported in this round should be well equipped to help the user community around the world.

Site 3's products and services may be more focused on solving real, non-routine pain points than expanding the horizons. Because coding is a form of expression, female sensibilities are inevitably expressed in Web3 codebases and technology.

What we're seeing now – and calling for – is a movement to break down the barriers to the potential of Web3 as an inclusion-first industry. Helping more women participate in the narrative and creating space for them to actively contribute is mission-critical.

The border is feminine, especially when women and their partners put so much dedication into building it. Of course, the end is still far away, but the journey has undoubtedly begun.

Elena Sinelnikova is the founder of Metis and Cryptochix. In the year In 2021, Elena was one of 12 candidates selected by IT World Canada in fintech and blockchain in Canada. In the year In 2022, Elena was recognized by Hardbeacon as one of the top 20 most influential women in blockchain.

This article is not intended for general information purposes and should not be construed as legal or investment advice. The views, ideas and opinions expressed herein are solely those of the author and do not necessarily represent the views and opinions of Cointelegraph.