Female crypto investors have to get past their initial concerns to make an informed investment decision, according to a new report from the firm Catalyst.
The firm analyzed the data from the Women’s Bitcoin Investment (WIB) and Women’s Blockchain Initiative (WBI) programs and found that, when compared to the male-dominated Bitcoin market, female crypto investors are more likely to be willing to invest in altcoins, while also considering more diverse altcoins as well as investing in smaller altcoins.
Catalyst analyzed the first-quarter of 2017 data from WIB and WBI, which found that the average age of the participants was 25 years old and that they were primarily white and male.
The average net worth of the women participants was $9,500, and the average networth of the men was $15,600.
Catalyst’s analysis also found that women invested in more than 20 percent of altcoins in 2017, but they were not the largest group of crypto investors.
The median net worth for all women participants on the WIB was $10,600, compared to $13,600 for all men.
WIB is a network of women investors who seek to provide advice and support for women in the crypto space, as well.
WBI was started by women in 2018, and it aims to serve as a bridge between traditional VC investors and women investors in the space.
Catalyst found that about 40 percent of the WBI participants were female, and their net worths ranged from $8,000 to $30,000.
WIAB is focused on the women entrepreneurs and entrepreneurs in the tech space, including women in startups and small businesses.
Catalyst also found a higher proportion of women were involved in early stage ICOs.
The WIB has a $4 million endowment, while WBI has a little over $4.5 million, according the report.
The Catalyst analysis also showed that the gender split of the blockchain investors is not the biggest one, but the one with the most diversity.
The study found that in 2017 there were only 2.7 percent women who participated in all blockchain ICOs, compared with 3.1 percent women in 2016 and 4.2 percent women the year before.
This is also an improvement over the last five years, but it is still a much smaller proportion than the number of women in crypto, according a report by CoinDesk.
More broadly, the analysis found that blockchain investors are about three times as likely to participate in an ICO as a regular investor, and one-third as likely as regular investors to invest at all.
Women accounted for 40 percent and 41 percent of total token holders in 2017 and 2016, respectively.
CoinDesk’s analysis found, however, that women still comprise a smaller share of token holders than regular investors in 2017.
They accounted for 12.5 percent of tokenholders in 2017 vs. 20 percent in 2016.
The data also found gender disparities in the blockchain community.
Only 3.3 percent of women participated in ICOs in 2017 compared to 12.1 of men.
A total of 4.9 percent of tokens were held by women compared to 2.3 of men, according this analysis.
The findings, Catalyst’s report said, show that women are not only investing in more altcoins than men, but also in smaller, less-profitable altcoins and are more focused on other areas of crypto.
Catalyst said the company believes the gender gap in the cryptocurrency space will continue to widen.
“It is time to get real,” it wrote in a statement.
“While crypto is now the fastest-growing and most valuable form of investing, it is time for the community to focus on investing in diverse and innovative altcoins that have proven to be profitable.”
The report found that more women are participating in ICO as well, though the number is smaller than in previous years.
In 2017, the average number of ICOs that women participated was 8, while in 2016 it was 11, according Catalyst.
In the last two years, there has been a steady increase in women participating in the ICOs they are invested in, the report found.
This year, Catalyst said it found that there were a total of 13 ICOs from 10 different token holders, including two tokens from two token holders.
One token holder, EOS, was created by two women, Sarah Viscuso and Jessica Bittner.
Viscososos was the first female member of the EOS team, and Bittners is the first woman to lead a major project in the Ethereum ecosystem.
The company also noted that token sales and token sales in general have increased, and in 2017 they reached $5.7 billion in total.
A number of female-led companies have emerged as major investors in recent years, including ShapeShift, which was spun out of the Ethereum Foundation and raised $5 billion in 2017; Bancor, which raised $2.6 billion in May; and Digital Asset Holdings, which recently raised $1.5 billion from private investors. There