“During the study period, blockchain startups raised $27.85 billion, with female-led blockchain startups receiving only 6.34% of the total funding,” exchange analysts wrote in a report provided to Bits.media.
Experts say that the financing of blockchain projects where the leader is a woman is “more sensitive to negative changes, but less sensitive to bullish trends.”
“There is an urgent need for incubators that can support women-founded startups and create a more inclusive and supportive environment for their development,” the experts conclude.
The company's analysts noted that from the beginning of 2022 to the end of 2023, fundraising by blockchain startups overall decreased by 70%.
Bitget experts have identified another trend related to gender inequality: since the beginning of 2022, the number of blockchain startups led by women has decreased by almost half.
“The disparities identified in our research serve as a stark reminder that we must actively strive to create an ecosystem in which talent and potential are the only criteria devoid of gender bias,” experts say.
Last year, BitBanker analysts studied the behavior of more than 7,000 users over the course of a year and identified common traits consistent with a Russian who is actively interested in digital currencies. The typical user is male. Women use cryptocurrency almost three times less often. As a rule, these are girls over 27 years old from Moscow or the Moscow region.
Recently, the government of the autonomous region of Portugal, the Madeira archipelago, announced its intention to attract high-tech startups in the cryptocurrency industry by providing a wide range of preferences.
Source: Bits
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