Women in web3: how the industry is changing

Diana King
Q Protocol
Published in
3 min readJun 20, 2023

Today, I would like to delve into a significant topic that has been an integral part of my career for the past eight years: the presence of women in the Web3 space.

Recently, Binance UA organized an online event, inviting prominent women from the Ukrainian crypto community to discuss the industry’s evolution. We explored gender inequalities, challenges we have faced throughout our experiences, and the anticipated changes in the near future.

If you’re interested, you can watch the full video in Ukrainian at this link:

https://www.binance.com/uk-UA/live/video?roomId=2135141

Let’s set the context…

During this event, I had the privilege of participating in two panel discussions. Personally, these conversations were incredibly inspiring, and many of my colleagues share the sentiment that the industry has become more inclusive, progressive, and free from biased beliefs.

Binance UA webinar

When I first embarked on my career, anything related to blockchain was deemed a gray area. The audience at that time seemed to be divided into two groups: techy-nerds and money-hunters. Consequently, numerous events revolved either around highly specialized tech stuff or around speculation, rather than focusing on the potential of the blockchain ecosystem and its future. However, the tides began to shift with the advent of crypto winters and significant industry developments.

The industry realized that using empty promotional models based on gender didn’t lead to positive results and changed how people viewed the projects. Society began questioning the reasons behind gender segregation and discovered no substantial differences.

So, what’s the current state of the industry?

Blockchain technology challenges and breaks down internal biases by being open-source and accessible to anyone with the necessary knowledge. There is a growing number of organizations and initiatives dedicated to supporting and empowering women in the industry. These initiatives focus on facilitating easy onboarding, integration, collaboration, and support for women.

One of the organizations supported by both myself and Q Protocol is wom3n.dao. This community is dedicated to providing women with knowledge about the blockchain industry and helping them integrate into the community.

“Our goal is not only to onboard women and non-binary individuals but also to cultivate the next generation of female founders for a more inclusive future internet, where everyone feels acknowledged and represented,” says Dajana Eder, the founder of wom3n.dao.

Dajana also highlights the role of implicit biases in holding back women in society, biases that are often internalized and intersectional. Wom3n.dao is actively working to bring a diverse community into Web3.

“We need to understand the structures of our society and how men and women are socialized differently. While this space has the potential to be a utopia, where a wallet doesn’t know gender, it still reflects the unresolved issues of the real world. To achieve equal representation, we need to bridge these gaps,” comments Dajana on the current market situation.

Wom3n.dao is a community that leverages the governance solutions provided by the Q Protocol. A showcase of deploying a DAO on Q is scheduled for the end of June. Follow on Twitter for more details and updates on planned events.

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