Bitget, a prominent cryptocurrency exchange and Web3 company, has unveiled Blockchain4Her, a new initiative aimed at enhancing gender diversity in the blockchain industry. Announced at the Web3 Hub Davos event during the World Economic Forum 2024, this initiative comes with a commitment of $10 Million.

Blockchain4Her focuses on empowering female entrepreneurship and highlighting the significant contributions of women in the blockchain and Web3 spaces.

Recent studies by Bitget highlight the persistent gender bias in blockchain funding. Female-led startups have secured just 6% of total funding, signaling a need for change in the blockchain funding landscape. Blockchain4Her addresses this gap, aiming to enhance inclusivity and equal opportunity.

The initiative will introduce incubation programs tailored for female entrepreneurs, providing mentorship and resources essential for success in the blockchain industry. Additionally, this also feature pitch competitions, offering female-founded startups a stage to present their innovations and attract potential investments.

Biget also aim to feature Women in Blockchain Summit & Awards, a platform for networking, collaboration, and celebrating women's contributions to blockchain. This event aims to inspire more women to engage and advance in the industry.

Furthering its commitment, Bitget will invite industry leaders to become Blockchain4Her ambassadors. These ambassadors will play a pivotal role in advocating for gender diversity and fostering an inclusive blockchain environment.

Commenting on the initiative Gracy Chen, Managing Director of Bitget, said,

"Blockchain4Her reflects our commitment to diversity and inclusion, vital for the blockchain industry's sustainable growth. We aim to empower women to lead in Web3 and blockchain, aligning with our vision of a more equitable and inclusive future."

Conclusion

Blockchain4Her by Bitget marks a significant move towards gender equality in the blockchain industry. This initiative not only aligns with the United Nations' Sustainable Development Goals but also sets a new arena for diversity and inclusivity in the tech world. By empowering women and providing equitable opportunities, Bitget is paving the way for a more diverse and thriving blockchain ecosystem.

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