Why Does Nobody Care About Womens Are Staking Their Claim To Web3 & The Metaverse? Complete Information- 2022

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When it comes to these Womens are staking their claim to web3, the collection of technologies and concepts known as Web3 frequently focuses on atoning for the crimes of Web 2.0 firms, which have consolidated control over online experiences and mined user data for profit.

Whether you believe the future of the internet is AR, VR, NFTs, DAOs, the multiverse, or any mix of these, there is a massive amount of money pouring into those areas from the usual suspects. However, if the same corporations and people that managed Web 2.0 are in charge. The specifics of how this will operate are still being worked out.

And, for the time being, many of those who are most enthusiastic about Web3 is the tech bro types you might expect. However, there is a group of women who are picking up pickaxes and hurling them into the fertile new internet. They’re putting up incentives to entice more women to join Web3, so they can have a say in the next web. How much may Web3 change?

Web3 is really about compensating authors for their efforts. Music, artwork, digital fashion, or any other type of intellectual property is converted into or linked to NFTs so that it may be verified, monitored, and transacted on a public blockchain. This technology enables artists to get compensated directly for their efforts. The new internet, according to this great vision, is decentralized.

BFF, a group created to teach women how to participate in the crypto boom, is one of the most visible attempts. It has 14,000 subscribers despite being just one month old. Brit Morin, the founder of women’s media business Brit + Co and a former Googler, leads BFF. She co-founded this new network for the “crypto inquisitive” with a group of more than 50 celebrities (including Tyra Banks, Gwyneth Paltrow, and Mila Kunis), programmers, and entrepreneurs.

Following Womens Are Staking Their Claim To Web3

BLACK WOMEN IN CRYPTO

Another group, launched in 2018, is Black Women in Crypto, which aims to welcome more black women into the crypto space. 

Womens Are Staking Their Claim To Web3: BLACK WOMEN IN CRYPTO

There are additional NFT collections geared at women, such as Boss Beauties, WomenRise, and Crypto Coven. Some of them focus on art, but Crypto Coven sells avatars for the metaverse, a permanent VR/AR experience that might sit on top of Web3.

Funding is becoming more available for female content creators. Randi Zuckerberg, an entrepreneur who got her start in tech working for her brother Mark’s firm, founded Big Hug, an accelerator that strives to elevate female innovators via investment and coaching, last week.

The timing of these ventures is propitious. In November, art market research firm ArtTactic noted that only 16% of NFT sales were going to female artists (the stats for non-white women were even more dismal). On NiftyGateway, an NFT marketplace owned by the Winklevoss twins, less than 4% of the artworks come from artists in Africa, less than 2.5% come from Latin America, and less than 1% come from artists in the Near East, the report says.

Much of the current effort to bring women onto futuristic internet platforms is as content creators, rather than engineers of the underlying technology. Web3 is in some ways like the early 1990 iteration of the web, free and open to whoever is willing to develop in it. 

The purpose of these varied attempts to entice women to these new platforms is to ensure that they have the same chance to capitalise as males. It’s becoming evident that in the future iteration of the internet world, having technological abilities may be less significant than being able to garner a following.

THE ULTIMATE CREATOR ECONOMY

THE ULTIMATE CREATOR ECONOMY

While men continue to dominate the young metaverse, female Web3 producers are quickly climbing to the top. Krista Kim is one of the most well-known, having sold her digital Mars House for half a million dollars.

Natalie Johnson, who worked as a fashion buyer for most of her early career, is now launching Nuno, a digital fashion business. Every realm, a metaverse corporation led primarily by women, gained notoriety for their million-dollar land grab in Decentraland (the company has already spent $4.2 million on approximately 800 land parcels in The Sandbox).

Janine Yorio, Every realm’s co-founder, and CEO has an experience in private equity and real estate. She began investing on metaverse assets for fun after selling her real estate investment software Compound to investment platform Republic.

This bet rapidly formed the core of her metaverse investing firm, Everyrealm. One of the most crucial things to grasp about working in the metaverse and creating NFTs, according to her, is that these goods require communities.

Janine Yorio, Every realm’s co-founder, and CEO has an experience in private equity and real estate. She began investing in metaverse assets for fun after selling her real estate investment software Compound to investment platform Republic.

This bet rapidly formed the core of her metaverse investing firm, Everyrealm. One of the most crucial things to grasp about working in the metaverse and creating NFTs, according to her, is that these goods require communities.

THE UNLIKELIHOOD OF A DECENTRALIZED WEB

The youngsters that are developing in Roblox are likewise unable to take what they have created with them.

This takes me back to my initial question: If a diverse group of individuals, including more women, create content and communities on top of Web3 and the metaverse, does it matter if they don’t own the underlying platforms?

THE UNLIKELIHOOD OF A DECENTRALIZED WEB

“A platform is only as powerful as its infrastructure; if the infrastructure is prejudiced or non-inclusive, the ripple consequences are substantial,” writes Danah Boyd, a Microsoft researcher and the founder of Data & Society, via email. She’s talking about technology in general, but her logic might also apply to Web3 or the metaverse.

Platform owners have enormous power. Because its leadership promoted a free speech policy, Reddit enabled hate speech to grow on its site. For years, Facebook has enabled disinformation to circulate freely among its members. When Twitter was created, its creators did not consider the possibility of harassment, and it took the business 15 years to develop mechanisms to counteract toxic conduct on its site.

(The beta version of Safety Mode is still available.) Community moderators play an essential role in keeping communities safe, although they are ultimately constrained or supported by the platforms’ wider policies.

However the next version of the internet shapes up, it is perhaps promising that more women are deciding what companies get funded. In addition to Randi Zuckerberg, Beryl Li, cofounder of Yield Guild Games, is investing in play-to-earn game companies

Arianna Simpson is the head of crypto and Web3 investments at venture capital firm a16z (one investment she was involved with is in a woman-led company called Iron Fish, which is developing a privacy layer for blockchains). Projects like BFF provide women with even more opportunities to experiment with this emerging technology.

“We’re incredibly powerful in this new period,” Hackl says of herself and other women. She has been approached to invest in many startups in the recent year: “I never saw myself as an investor before, but now I do.”

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