Thriving in the DeFi Industry: Strategies for Women – IWD 2023 Special
Decentralized finance (DeFi) has the potential to increase women’s financial inclusion, who are often excluded from traditional financial systems. Women are nearly 10% less likely than men to have a bank account, according to the World Bank. During the pandemic, the digital era and the adoption of a new working and lifestyle model accelerated, allowing individuals to work remotely. The crypto industry has opened up new opportunities for women to earn money, including trading, mining, freelancing, staking, and investing. The use of cryptocurrency and digital finance tools can aid in overcoming financial barriers, particularly for women in developing nations who may not have access to conventional financial institutions. The article also lists influential women entrepreneurs in Web3, including Cathie Wood, Yi He, Nicole Muniz, Brittany Kaiser, and Caitlin Long.
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