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January 18, 2024

Bitget, $10 Million Initiative to Propel Gender Diversity in Web3 Unveiled

Bitget, the powerhouse of all things crypto and the maestro of Web3, has just unfurled its latest marvel

In a groundbreaking move, Bitget, the world's premier cryptocurrency exchange and Web3 trailblazer, has unfurled the Blockchain4Her initiative, signaling a formidable commitment of $10 million to champion gender diversity and inclusivity in the blockchain realm. The revelation unfolded at the Web3 Hub Davos event, a highlight of the World Economic Forum 2024, hosted by CV Labs. Here, Bitget asserted its dedication to nurturing female entrepreneurship and acknowledging women's strides in the ever-evolving landscape of blockchain and Web3 technologies.

Despite strides toward inclusivity, the blockchain industry remains plagued by gender bias. A recent Bitget study illuminated a stark reality – a mere 6% of blockchain funding finds its way to female-led startups. In an era when a global blockchain-based economy is taking shape, such disparities are not just inconvenient but unacceptable. Enter Blockchain4Her, a strategic move by Bitget to illuminate the hurdles faced by female entrepreneurs and galvanize collective action towards a more inclusive funding landscape.

Blockchain4Her introduces tailored incubation programs for female entrepreneurs, providing holistic support, mentorship, and resources to empower women in navigating and succeeding in the blockchain industry. The initiative will also host pitch competitions, providing a stage for female-founded startups to showcase innovations and secure potential investments.

At the core of Blockchain4Her is the Women in Blockchain Summit & Awards – an exclusive platform to celebrate and recognize the outstanding achievements of women in the blockchain space. This summit aims to facilitate networking opportunities for female professionals, fostering collaboration and community building. Through insightful discussions and recognition events, Bitget endeavors to inspire more women to actively participate and advance their careers in the blockchain industry.

Bitget invites industry leaders to join as ambassadors for the Blockchain4Her program, contributing to the cause of gender diversity in blockchain. These ambassadors will advocate, engage, and drive positive changes, fostering an inclusive environment within the industry.

Bitget's Blockchain4Her initiative builds on the success of the Blockchain4Youth project and the Bitget Builders Program. With a $10 million commitment over the next five years, Blockchain4Youth has played a pivotal role in inspiring the younger generation to embrace blockchain technology. Bitget's dedication to providing equitable opportunities and promoting financial inclusivity is at the core of these transformative initiatives.

Gracy Chen, Managing Director of Bitget, expressed her enthusiasm for the initiative, stating, "In an industry evolving at breakneck speed, diversity and inclusion are vital for sustainable growth. Blockchain4Her mirrors our commitment to bridging the gender gap in the blockchain industry. Through incubation programs, pitch competitions, and recognition events, we aim to empower women to assume leadership roles in the Web3 and blockchain space. This initiative aligns with our broader vision of creating a more equitable and inclusive future through the power of blockchain."

With Blockchain4Her, Bitget strides forward, not only promoting the United Nations' Sustainable Development Goals of Gender equality but also paving the way for a more diverse and inclusive blockchain industry. It's a resounding call to action for women to contribute, lead, and thrive in the transformative landscape of Web3 and blockchain technologies.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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