Women’s History Month: Closing the Gender Gap Through Web3 Education
Main Takeaways
March is Women's History Month — a time to celebrate and recognize the vital role of women throughout history and contemporary society.
Binance believes that crypto literacy is a powerful tool to help narrow the gender gap.
From funding Web3 education to launching women-first crypto events, Binance is on a mission to pave the way for an inclusive future.
Happy Women’s History Month! Read on to learn how Binance has been increasing female participation in the crypto space.
Since bitcoin's creation in 2009, the evolution of digital money has displayed an adoption curve akin to that of the internet. Today, millions of people rely on Web3 for a variety of uses – yet there is still a valuable component notably underrepresented in its story: women.
As blockchain technology continues to display the potential to democratize finance, we must avoid the pitfalls of gender inequality many industries have fallen into. The blockchain industry has a duty to support women within the Web3 workforce and expand access to crypto knowledge and education in the broader market for female investors.
Binance is on a mission to increase the freedom of money globally. A crucial part of this is bringing more diversity to the crypto ecosystem to ensure blockchain lives up to its full potential. We want to empower all crypto-curious women to become crypto-fluent through a range of ongoing initiatives and events. Women’s History Month is a great time to look back at what we have accomplished on this front so far – and to envision the equitable future we are working to build.
Celebrating Women In Binance New Zealand
👩💼 At Binance New Zealand, we celebrate the achievements of women in the crypto industry. Watch Emma Hill's video to learn how she joined our team and what her advice is for other women wanting to get into the crypto/Web3 space.
Closing the Web3 Gender Gap
A recent report by CoinJournal found that less than 5% of crypto founders at top crypto companies are women and that, as of 2022, out of over 10,000 companies reviewed, only 292 were female-founded.
Yi He, Binance’s co-founder and chief marketing officer, was one of the first female senior leaders in the space and is now determined to help others succeed in the industry. Yi said:
"As one of the few female leaders in the industry, I believe that we have a mission, through Binance Charity and Binance Academy, to help more women understand Web3 and blockchain technology. Our educational and internship programs aim to empower young women with the knowledge and skills – for them to be ready for industry disruption. We believe that anyone with ideas can change the world, regardless of gender. We hope that these commitments will result in more women at the front line of innovation and bring change to our industry.”
Crypto is still in its infancy, and there is still time to learn important lessons from the tech industry’s experience. Education should be a priority because, with Web3, we have a unique chance to create a diverse and representative workforce almost from the beginning.
The growing industry demand for more workers makes this the perfect time to increase the number of skilled female applicants. Returns to education are vast, and prioritizing it can help tackle the gender gap near its source: the intake of qualified and trained women into the workforce.
To further tackle gender inequality, Binance has created its first formal internship and graduate programs, which offer more access to careers in crypto for diverse talent, including women. The company also provides guidance and career advice to women through workshops, educational courses, and lectures focused on sharing industry experience, as well as hosting female mentorship programs and special talent sessions on how to break into the Web3 workforce.
We will soon be releasing a new AI product, Binance Sensei, which will allow users to ask questions when learning about crypto on our free Web3 knowledge hub, Binance Academy. In addition to providing free crypto educational resources in over 30 languages on Academy, Binance is waiving trading fees, up to $600, through March with code IWD2023 as an additional way to welcome new users to the world of crypto.
Watch our exclusive International Women's Day video here:
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Disclaimer
This content is for general information purposes only, not investment advice. Cryptocurrencies, including Bitcoin, are volatile and fluctuate on a day-to-day basis, thus, trading requires proper diligence and sound judgement in order to evaluate the risks associated. Nothing in this video constitutes investment or legal recommendation, nor should any data or content mentioned be relied upon for any investment activities. You should consider seeking independent legal, financial, taxation or other advice to check how the video content information relates to your unique circumstances. Binance New Zealand is not affiliated, associated, endorsed by, or in any way officially connected with any individual or organisations mentioned in the video. Binance New Zealand is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly by use of this blog entry and expressly disclaims any and all liability for any loss or damage you may suffer.