The Crypto investment world is not left out as more women hope for a more gender-equal industry as they strive to #BreakTheBias.
A recent Grayscale survey has revealed that more women are considering investing in digital assets. The study shows a 6% increase in female investors willing to consider a Bitcoin investment product from 2020.
Source: Grayscale
Women #BreakTheBias
This increase in interest for Bitcoin investment falls in line with the 2022 International Women’s Day (IWD2022) campaign theme, #BreakTheBias. This year’s movement focuses on celebrating women’s achievement, raising awareness against bias and taking action for equality.
“Imagine a gender equal world. A world free of bias, stereotypes and discrimination. A world that’s diverse, equitable, and inclusive. A world where difference is valued and celebrated. Together we can forge women’s equality. Collectively we can all #BreakTheBias.”
Another crypto financial service company, BlockFi, also released a survey ahead of the IWD2022 celebrations. The study highlights the increasing knowledge about purchasing and investing in crypto amongst women.
According to the report, nearly one-third of the women polled say they plan to buy cryptocurrency in 2022. 60% of these respondents said they would buy cryptocurrency within the next three months. Furthermore, nearly 45% of women said they knew how to buy cryptocurrency. This percentage nearly doubles the 23% who said they knew how to purchase digital assets six months ago.
The new study is the second in BlockFi’s Real Talk: Women x Crypto survey series. The research asks female Americans between 18 and 65 about their current motivations, behaviours, and dispositions regarding crypto investing, financial well-being, and professional aspirations. According to BlockFi’s release, the recent survey included 1,031 female Americans and was conducted by an unknown third-party survey panel on January 28, 2022.
Further results showed that one in five women think cryptocurrency might help them achieve their financial goals. These include paying for a vacation, retiring on time, or buying a house. However, only 24% of those polled said they owned cryptocurrency, with 70% of those claiming to be HODLers. The digital assets purchased the most are Bitcoin (71%), Dogecoin (42%), and Ethereum (18%).
Despite the growing interest in crypto investment, data shows female investors remain largely sceptical about digital assets. 80% of respondents still found cryptocurrency unclear, and 72% believe it is too risky to invest in. Only 14% of respondents believe Bitcoin is comparable to gold or silver for long-term investment. However, 41% think real estate is the best long-term
UN Celebrates Women With Boss Beauties NFT Collection
The United Nations also celebrated International women’s day with the release of the Boss Beauties NFT collection. This marks the international body’s first-ever female-focused NFT exhibition. The unveiling was held at its headquarters in New York and was titled “Boss Beauty Role Models.”
The Role Models limited series was designed in partnership with Cathy Hackl, the Godmother of the Metaverse. It features some of history’s most innovative women alongside contemporary women, who are shattering glass ceilings.
The Role Models inaugural event was created in collaboration with 5th Element Group. The consultancy firm works with the UN Office of Partnerships to bring public businesses and non-profit sectors together to meet the UN’s Sustainable Development Goals (SDGs).
The digital portraits were revealed at the event hosted by Lisa Mayer, Founder and CEO of Boss Beauties. It was also live streamed into the Spatial metaverse and featured keynote speeches and panels with speakers from brands, corporations and influencers.
Do you think more women should be involved in crypto investing? Let us know your thoughts in the comments below.
Chris is a crypto enthusiast and a firm believer in the blockchain’s ability to create a new financial paradigm. Through writing, Chris hopes to expose the intricacies of this disruptive technology and how it is beneficial to Africans and developing countries. He aims to give readers a rational and unbiased outlook of the industry by equipping them with the necessary information to make enlightened investment decisions.