The women of crypto take over Davos WEF

Many of you closely monitor the meetings of decision-makers at Davos during World Economic Forum. Many of you have strong opinions about these gatherings. I agree with them. However, right now I want to talk about what inspired me most during the five days of summit. It was my first Davos event and I couldn’t help but notice how many women decision-makers were there, which is in sharp contrast to similar events in Dubai or Lisbon.

Although the Promenade at Davos was occupied by crypto companies, it was not the usual finance and tech presence that was there. But, it was the presence in high-ranking positions of women from all segments of the industry that strengthened my belief that the future is bright for the crypto industry. As the operations leader of UpLift DAO (a platform for innovative crypto community projects), I engage with the community extensively to keep them involved and reach as many sectors as possible.

A diverse community means more support for new projects. It is important to ensure that women are represented. It is exciting to see women taking an active role in community projects.

Many reports and surveys bemoan crypto’s low participation rates — some estimates suggest as high as 85% of crypto community members are male. However, Grayscale’s 2019 study found that 43% (or 43%) of Bitcoin investors are female. This is a growing number, as cryptocurrencies allow for easy and open access to investment unlike traditional commodities and assets.

Related: A call to women for the Web3 movement

A report for April 2022 showed that women’s participation increased by more than 170% over the previous fiscal year. Men’s usage was only slightly higher at just under 80%. Women had higher average initial deposits and traded less often, but their portfolios were more structured and contained focused positions.

As information and resources are now more accessible, the financial playing field has improved. This is a result of a large community and transparent project design. I was able to meet with a number of extraordinary women, from mentors to investors to entrepreneurs to technologists, while in Davos. They are making waves in crypto. These women are inspiring and dynamic pioneers in the crypto community, making a difference. I had the opportunity to ask these remarkable women questions, and I am happy to share their answers.

Marieke Frament is the CEO of NEAR Foundation

A non-profit foundation located in Switzerland, that oversees the development and maintenance of the NEAR protocol. NEAR Protocol is a layer-1, shared proof-of-stake blockchain that is easy to use and scaleable. NEAR is also certified as a carbon-neutral blockchain.

What is it that makes you so excited about the cryptocurrency industry?

“The best thing about the crypto industry right now is the endless possibilities of blockchain, particularly the NEAR protocol!” It offers incredible opportunities to change the way we live and organize ourselves. DAOs can be a great way for people and societies to come together and work in a more inclusive, fair, and democratic manner.

What brought you to WEF Davos? How can women impact global economic innovation today?

“Crypto was a major theme at Davos this Year and it was important that NEAR be there to support the important initiatives that WEF is championing, but also to show that we are making a positive impact on the world through the creation of a protocol which is sustainable, accessible, and inclusive for all. Blockchain is often viewed as a bad thing for the environment. We need to make sure that world leaders realize this. Diversity is more important in the new Web3 world. As new rules are created, more women and more diverse thought will be needed to create an inclusive future. However, about 85% of Bitcoin users are male right now. Only a third of crypto-holders worldwide are women, while men dominate the investor space. This isn’t sustainable and won’t bring about the positive outcomes that we desire for society.

What advice would your advise to women looking to begin a career in cryptography?

The following advice is for women who want to get into crypto. To get into crypto, you don’t need to be a programmer. Web3 is a way to rethink what Web2 did. Web3 will require the same skills as Web2 and many women can make their mark in this space. If you are interested in becoming a developer, we can help you get started. Web3 is not taught anywhere at the moment. NEAR University has launched to help you. We are also on a path of training millions of developers, male and female. My top tips for breaking into this sector are to read and learn as much as possible, and then play with the DApps and tools that are available. Engage with companies and projects that appeal to you the most, and follow influential people on Twitter.

Kerry Leigh Miller is a founding partner at Overton Venture Capital

An early-stage venture fund that invests in next-generation consumer brands and services. Kerry advises, invests in and amplifies the best-in class entrepreneurs across all industries and functions.

What is it that makes you so excited about the cryptocurrency industry?

There is the potential for every industry to be transformed by creating incentives and protocols that can change the world for the better.

What brought you to WEF Davos? How can women impact global economic innovation today?

“I was there to: (1) share my thought leadership on venture capital, decentralization/Web3, (2) learn from other thought leaders in both business, social impact and politics and (3) create new partnerships. DeFi and Web3 are two areas where I’ve seen women make an impact. Women are better communicators, I believe. It can be overwhelming to comprehend Web3 and DeFi. Women are better at understanding the complex areas and simplifying them into easy-to-understand use cases.

What advice would your advise to women looking to begin a career in cryptography?

“Appoint a digital bodyguard (or several!) • Someone you can trust to mentor and teach. You should start slow and work your way up.”

Thy Diep Tai, co-founder of Unit Network

She designs blockchain & crypto learning, mentoring & coaching programs. She has over 15 years of experience creating peer-to–peer and central training programs/curricula, as well as transformation programs to support self- and organizational growth.

What is it that makes you so excited about the cryptocurrency industry?

Web3 is an industry that is still in its infancy and has a tremendous growth rate. There are many opportunities to enter, shape and shake up the world and create ventures, products, and solutions that go beyond nine to ten innovations. To build the economy of tomorrow, we need everyone’s help. We want everyone to feel welcome and integrated quickly.

What brought you to WEF Davos? How can women impact global economic innovation today?

Web3 is the economic engine of tomorrow. The World Economic Forum is a melting pot of ideas and talents, where there are many different thoughts. It is the best place to find your audience and build lasting alliances that will help you move the needle on issues such as women’s inclusion in the economy of the future.

What advice would your advise to women looking to begin a career in cryptography?

“Please don’t think you don’t have enough knowledge about technology to take part. Our industry is still young so you can easily learn everything you need in a relatively short time. It’s not too late to get involved. You will see a remarkable return on your investment in time to learn how to make a social innovation that is more impactful than the internet. It is the right time to get involved. DLT Talents, Unit Masters, and H.E.R. DAO has many initiatives that help you get onboarded quickly and connect with other communities. This will allow you to thrive and drive the token economics.

Sandra Tusin, Mindstream AI and NFT.SOHO

Mindstream AI is her driving force. Mindstream AI partners with the U.K government and the Mayor in London to assist underprivileged groups to access good education and technology jobs. Sandra is also co-founder of NFT.SOHO. This monthly event in London brought together artists, collectors and innovators. Outlier Ventures is also where she works.

What is it that makes you so excited about the cryptocurrency industry?

“I’m thrilled by the many uses of blockchain and crypto and how it can be used decentrally to make many industries more efficient and transparent.”

What brought you to WEF Davos? How can women impact global economic innovation today?

“I went to Davos because I wanted to be with like-minded people who care about making an effect that goes beyond their own lives. The boundaries for women participating in all industries are eroding more. Women can definitely leave their mark on early industries like blockchain and [nonfungible tokens or] NFTs to ensure that the innovations and creations they make benefit all members of society.

What advice would your advise to women looking to begin a career in cryptography?

I would recommend women to seek mentors and other like-minded women. It’s easier to learn and start new things if there are others who are on the same path as you, or have been through similar struggles.

Yuree Hong is founder and advisor at Shechain.co

She is passionate about the United Nations Sustainable Development Goals of Diversity & Inclusion and Education, as well as the future of decentralized network and artificial intelligence. Shechain.co is her advisory and founder. It showcases women-led blockchain startups, with the mission of making the blockchain industry inclusive.

What is it that makes you so excited about the cryptocurrency industry?

Blockchain technology allows for cryptography to have a mixed impact that includes economic, political and technological advancement. We live in an age of uncertainty, such as climate change or geopolitical issues. These are phenomena that the world has seen in the past while shifting to the new norm. It’s exciting to be able to work on this topic at a time when the world is preparing for a new type of transformation.

What brought you to WEF Davos? How can women impact global economic innovation today?

“Diversity Redefined: The Future of Women’s Economic Empowerment through Web 3” was the session I hosted in Davos. We discovered that women don’t have enough financial resources. This was one of our biggest challenges. Women entrepreneurs who have more success with their use cases will help re-educate and change the perspective on funding. I see a world in which everyone is as recognized for their deliverables as individuals, regardless of gender. To achieve this, I am working on shechain.co.

What advice would your advise to women looking to begin a career in cryptography?

“Be curious. You will be able to advance in crypto and blockchain by using a variety of approaches. You can experiment with app development using multiple protocols such as Ethereum (ETH), Polygon(MATIC) and Near (NEAR). Diversifying your portfolio of investments will protect you from high volatility if crypto investing is more appealing to you. You can attend as many events and conferences as you like if you’re a marketing professional. But, don’t forget to take in some technical sessions to improve your technological knowledge. It is worth investing your time and energy in learning the fundamentals of crypto and blockchain.

Juliet Su is NewTribe Capital’s fund partner and ecosystem leader.

A venture capital firm that is based in Dubai, which invests in crypto and blockchain projects at an early stage. Juliet is a curious person who loves ideas and innovation. This led her to venture capital and Web3 investing.

What is it that makes you excited about the cryptocurrency industry?

“Crypto is for me similar to the internet in the 90s. You have a certain level of freedom. Crypto allows you to live wherever you like, travel anywhere, and still be able pay anyone without any hassle. The rapidly evolving market is what ignites my passion. It allows one to stay on top of the latest trends, explore new ideas, and discover new opportunities. This allows you to grow personally and gives you a sense of excitement at learning new things every day.

What is your motivation for attending WEF Davos? How can women impact global economic innovation these days?

“I attended Davos many years ago before the pandemic. It’s always exciting to return here again. The community and its spirit are what I love. The people here are open-minded, friendly, and eager to share their knowledge. It’s more than just about doing business here. It’s about creating a network, getting ideas from the best minds in the industry, and meeting like-minded people on the same path to changing the world.

“My view on women’s impact differs from most others. Because I believe women’s role in the global economy cannot be ignored, I don’t support feminist movements or champion any women’s leadership programs. Women are the ones that inspire and support global leaders. They bring empathy and kindness to businesses and have a wider vision. Particularly in relation to crypto, I believe there is a clear lack of women within the industry. This should be addressed to make it more adaptable and scalable.

What advice would your advise to women looking to begin a career in cryptography?

“There is no right time, so start when you feel comfortable and continue to work your way. It is important for beginners to identify their strengths and find areas where they can thrive. Begin to build your network. Be bold and honest with yourself. Never be afraid to explore the unknown. Exploring is the best part of life.

Irina Sheaver, The Crypto Lawyer

Irina is a blockchain and cryptocurrency lawyer, based in Dubai and Switzerland. She represents clients around the world. Her extensive knowledge and technical expertise in blockchain, smart contracts, and cryptocurrency matters is what makes her highly respected internationally.

What is it that makes you so excited about the cryptocurrency industry?

“The thing that excites most is Bitcoin and seeing its full potential. Only 14% of the Middle East’s 570 million inhabitants have bank accounts. Many don’t trust the banking system and have witnessed their country’s currency fall multiple times in the past few years. Many people do not possess the necessary papers to open a bank accounts. It is a basic human right to trade and make a living. Being excluded from the financial and banking system goes against this. This is solved by Bitcoin. Anyone can now participate in international commerce with a $50 smartphone. This is not about bank access for the unbanked. I’m talking about enabling everyone to take part in international commerce and trade. Just imagine the possibilities!

What brought you to WEF Davos? How can women impact global economic innovation today?

“I used this opportunity to travel to Davos to take part in side events hosted by crypto companies. I spoke on panels, met like-minded bitcoiners, and voiced my opinion on the hypocrisy displayed by the ruling unelected elite. Bitcoin mining is facing a lot of opposition because it uses energy and is thought to be harmful for the environment. Yet, we are here in Davos and witnessing record helicopter traffic, and roads filled with petrol-guzzling limousines (with one person being chauffeured). This is good for the environment? There is a lot of talk about banking the unbanked. But in reality, the banking requirements have become so absurd that we are seeing the unbanking of those who are banked. Don’t forget digital identity and CBDCs, which are perfect tools for surveillance and quelling dissent.

What advice would your advise to women looking to begin a career in cryptography?

The world is moving increasingly digital, regardless of whether we like or not. Therefore, it makes sense to get a job in crypto. Crypto makes financial transactions and finances decentralized and cryptographically secure. I recommend that you attend events in your city, join WhatsApp and Telegram groups, find like-minded individuals, and join them in their mission to make finance available for all. Women who want to expand and diversify their crypto careers will be excited by the possibilities. There are many learning resources and community education is the best — it is easy to get started, and then stay active.

This article is not intended to provide investment advice. Every trade and investment involves risk. Readers should do their research before making any decision.
These views, thoughts, and opinions are solely those of the authors and do not necessarily reflect the views or opinions of Cointelegraph.
Irina Belezina is the operations leader of Uplift DAO. She has transformed the company into a multi-award winning launchpad that is leading the way for innovative crypto projects. Irina joined Uplift in 2015 and has helped to grow the platform by $1m TVL. She also formed strategic partnerships and onboarded several global funds. Irina, who is based in Lisbon (the “Crypto Capital”) of Europe, has a Master of Arts degree in international relations and business. She also has many connections within the crypto industry.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of topmagazinewire.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

Close Bitnami banner
Bitnami