Women in Web3: Higher Pay and Senior Roles Dominate

Sun Nov 24 2024
The survey by Pantera Capital reveals that women in the cryptocurrency industry earn significantly more than men, largely due to their greater experience and more frequent presence in senior positions. This trend highlights the evolving dynamics of the sector, where women's competence and leadership roles are being increasingly recognized and rewarded.

Why Women in Crypto Are Earning More Than Men: Here’s What You Need to Know

You’ve probably heard the rumors—crypto is still a man’s world. But a new survey from Pantera Capital is flipping that narrative. It turns out women working in crypto are not only earning more than men, but they’re also more likely to be in senior roles. Let’s break down why this is happening and what it means for the future of work in the crypto world.

The Numbers: Women Are Out-earning Men Pantera Capital surveyed 502 people in the crypto space and found something pretty surprising: Women make, on average, $172,000 a year, while men in the same field are pulling in $150,000. Sounds pretty good, right? But why is this happening in an industry that’s often stereotyped as being dominated by men?

Experience Is Key

One of the main reasons women earn more is that they tend to have more experience. While many women in crypto have over five years of experience and are holding mid-to-senior level positions, a lot of men entering the space are still in entry-level roles. More experience means more responsibility—and, of course, higher pay.

Crypto Pays Better Than Other Industries

Here’s where it gets interesting. In crypto, women make $1.15 for every dollar earned by men. Compare that to traditional industries, where women typically earn just 84 cents for every dollar that men make. In fact, women in crypto are seeing much higher pay, especially in Web3, where salaries can start at $3,000 per week. So if you’ve been thinking about diving into the space, it’s clear there’s money to be made.

Why Women Are Winning in Crypto

Women aren’t just earning more—they’re also sticking around longer. On average, women in the crypto industry stay in their jobs for 5.3 years, while men usually leave after 4.5 years. This could be a sign that women are really carving out their space in the industry, finding roles where they can thrive.

Pantera Capital also points out that women in crypto are known for their problem-solving skills, ability to handle stress, and quick decision-making. These qualities are crucial in a fast-moving and often unpredictable space like crypto, which could explain why women are rising to the top.

What This Means for the Future

The reality is, crypto and Web3 are booming industries, and women are leading the charge in a lot of ways. They’re outpacing men in terms of experience, salary, and leadership positions, which is something we don’t always see in traditional tech fields. If this trend continues, it could change the landscape of the entire industry—and maybe even inspire other fields to follow suit.

TL;DR:

In the world of crypto, women are earning more than men—15% more on average—thanks to their higher experience levels and leadership roles. In fact, women make $1.15 for every dollar men earn in crypto, which is way better than the traditional 84 cents on the dollar in other industries. Crypto is one of the most lucrative sectors right now, especially for women in Web3. If you’re looking to break into the industry, now’s the time.

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