Web3PH celebrates women in Web3 by commemorating their hard work, dedication, and innovation through a “The Beauty of Crypto” event last Friday, March 15. Supported by Bitget, women of Web3 gathered in an event where they connect, collaborate, and enjoy the night.

Web3PH aimed to onboard more women onto Web3 by continuous outreach efforts to different sectors where Web3 is not exposed to women. Previously in January, they gathered tech leaders to obtain their support in the initiative to solve this problem in Web3. Then in February, Web3PH hosted a mixer for young leaders from different student organizations to youth-oriented groups to invite them to become our partners. Fast forward to March, Web3PH has successfully commemorated Women’s Month through the event, “The Beauty of Crypto”.

The Beauty of Crypto event invited women speakers who had tremendous progress in the Web3, Crypto, and Blockchain industry. These leaders shared their experiences, challenges, and solutions to overcoming said challenges to help other women succeed in Web3. The night progressed as everyone looked to collaborate, connect, and help each other to promote Web3 with women.

The Web3, Cryptocurrency, and Blockchain industry have been a predominantly-male industry for its entire existence. In a recent study made by Boston Consulting Group, 13% of Web3 founding teams include a female member. However, women founders of Web3 companies are at a staggering low of 7%. Web3PH has sought out to challenge the status quo by encouraging women to participate in Web3 innovation.

From a Facebook post by Krishia Dela Cruz, she expressed her insights on her outlook of the future of Web3 for women. She states “Showing up and taking space in a male-dominated industry especially in finance and tech isn't just about representation, but also about empowerment and instigating change. Let's continue pushing each other and challenging stereotypes, ladies!“. This compliments and cements the goals and vision of Web3PH to have a pro-women Web3 industry.