Shiba Inu, a popular cryptocurrency, has partnered with the International Women of Blockchain (IWB) and NowPayments in an effort to promote gender diversity and encourage women’s participation in the blockchain industry. The partnership began with a fund launched by Shiba Inu project lead, Shytoshi Kusama, aimed at empowering female participation in Shibarium.
IWB, a conference that takes place during Women’s History Month, focuses on promoting diversity, equity, and inclusion in the Web3 blockchain industry. Through this partnership, the initiative will leverage NowPayments, a non-custodial payment gateway that allows businesses and individuals to accept cryptocurrency payments in a fast and secure manner, as a conduit for further contributions. NowPayments supports over 160 assets, including Bitcoin, Shiba Inu, and Ethereum.
The partnership aims to promote gender diversity in the Web3 scene by incentivizing and encouraging women’s participation. The initiative also seeks to foster diversity in all aspects of the field, beyond just gender. The need for female participation in the sector is significant, as a Forbes report from December 2021 found that only five out of the 141 crypto-focused entities surveyed had female founders.
The fund launched by Shytoshi Kusama has already received contributions from several entities, including NFA Labs, Marcie Jastrow, Lisa Watts Sherri Cuono, and Unification, resulting in a total of $50,000. The partnership with IWB and NowPayments will attempt to bolster the number of women participating in the Shiba Inu community.
As a female CEO, Xena Kash, CEO at NowPayments, is excited about the chance to help onboard more women to blockchain and spread awareness around those already there. Kash notes that “it’s great to see our donation solution making waves in the SHIB community.”
Shytoshi Kusama has emphasized the importance of this collaboration to the growth of the Shiba Inu community, especially in terms of female participation. The partnership aims to promote active engagement of women in the blockchain industry across all domains and foster diversity in all aspects of the field. With the support of IWB and NowPayments, the initiative will continue to incentivize and encourage women to participate in the blockchain industry.
