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NFTs can be an excellent method to get women interested in crypto: Lavinia Osbourne

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  • Nonfungible tokens may entice women seeking a way into a male-dominated sector like crypto and blockchain, according to Lavinia Osbourne, creator, and host of Women in Blockchain Talks
  • During the epidemic, the actress acquired an interest in crypto, which she described as a very male topic
  • Despite the fact that NFTs were one way to entrance, Osbourne stated that there was still a problem of female underrepresentation in crypto and blockchain companies

Nonfungible tokens may entice women seeking a way into a male-dominated sector like crypto and blockchain, according to Lavinia Osbourne, creator, and host of Women in Blockchain Talks. Despite the fact that the ongoing pandemic has left many people in many countries in financial distress — whether, through job loss, inability to physically visit banks, or other concerns — Osbourne mentioned that the event may have pushed many women into crypto and blockchain once they were forced to leave other careers. She said that the current increase in nonfungible tokens, or NFTs, has made crypto more relatable to many individuals in the arts and other creative industries, citing media attention as an example.

People look at NFTs and think, ‘It’s strange — I don’t understand the technology, Osbourne said. When they hear all these tales of individuals making money on NFTs, they want to know how they can become involved. NFTs, in his opinion, are an excellent method to lure individuals into space.  Though Osbourne was most likely talking to men and women from all walks of life, the success of an NFT initiative just established by That ’70s Show and Family Guy star Mila Kunis appears to back up her claim. During the epidemic, the actress acquired an interest in crypto, which she described as a very male topic. She went on to establish the NFT project Stoner Cats, which included celebrities from Hollywood and the crypto world, including Ethereum co-founder Vitalik Buterin. The project sold 10,420 NFTs under 35 minutes earlier this week, and the first episode was broadcast several days later.

Despite the fact that NFTs were one way to entrance, Osbourne stated that there was still a problem of female underrepresentation in crypto and blockchain companies. According to the creator of Women in Blockchain Talks, women make up about 34% of people working in the IT business, but just 12% of those working in blockchain. She recommended bridging the gender divide by launching a campaign to show women that tech, blockchain, science, and STEM is a space for them. Despite the fact that NFTs were one way to entrance, Osbourne stated that there was still a problem of female underrepresentation in crypto and blockchain companies. 

According to the creator of Women in Blockchain Talks, women make up about 34% of people working in the IT business, but just 12% of those working in blockchain. She recommended bridging the gender divide by launching a campaign to show women that tech, blockchain, science, and STEM is a space for them. Osbourne and others are trying to recruit 50,000 women into the blockchain industry by 2023 as part of these aims. The campaign invites women to join up for the program and learn more about the financial and personal benefits of doing so.

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