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It's a disparity that parallels the gender gap in venture capital, where just 23% of US investors are women, according to the National Venture Capital Association and Deloitte.īut female venture capitalists such as Bent are seeking to nip those disparities in the bud while Web3 is still in its infancy, instead of repeating mistakes of the past.Īnd as investors plow money into the hot crypto sector, these women are also working to ensure they receive their fair share. In a Pew Research Center poll, 10% of US female respondents said they had used a cryptocurrency, versus 22% of US male respondents. While the world of Web3 - the term used to describe an emerging assortment of online technology such as crypto - includes some prominent women, such as the investor Katie Haun and FTX Ventures' Amy Wu, it's garnered a reputation as a male-dominated playground, replete with strip-club after-parties and high-profile Twitter feuds. For Bent, it ended up being a gateway to a broad array of other crypto-focused groups, such as the Komorebi Collective, a decentralized autonomous organization, or DAO, focused on investing in female and nonbinary crypto founders. The Crypto Coven, a nonfungible-token project featuring digital art that depicts a variety of witches, has gained a strong following among women in venture capital. "That has its place, but at the same time, it's not always the most welcoming culture," she said.
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When Mercedes Bent, a partner at Lightspeed Venture Partners, first came across the Crypto Coven in November, she realized she'd finally found a Web3 community that felt like a good fit, rather than the groups full of "crypto bros" she'd previously encountered. Several female VCs are also hoping to help Web3 expand beyond its niche of rich early adopters.Women from DAOs like Eve Wealth share information on Web3 deals, which are often "party rounds.".Female VCs are creating their own communities to break into the boys club of Web3.With just a single click of mouse, users are able to secure their private and important files, clean their drive at faster speeds. The whole process of installation is extremely easy & guides users throughout the entire process even permitting them to customize whenever needed.
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