Nearly 80 Percent of Crypto Event Attendees Are Male

79 percent of attendees at crypto events are male, according to a report by events-oriented software firm Bizzabo on Jan. 28.

After analyzing the registration information of 100 different cryptocurrency-related events in 15 countries, Bizzabo found that the overwhelming majority of attendees were male. In the course of the survey, Bizzabo took data from the United States, the United Kingdom, Belgium, Canada, Israel, Hong Kong, China and Australia, with the U.S. leading other countries in the number of registrants and attendees at crypto events.

57 percent of attendees were employed in the financial sector, while other registrants at crypto events worked in such fields as IT (14 percent), computer software (13 percent) and banking (10 percent), among others. Alon Alroy, Co-founder of Bizzabo, said “Like the tech industry, at large, there is a lack of gender diversity in the overall virtual currencies space.” Alroy added:

“The lack of gender diversity in attendees speaks to the industries most of the registrants come from. The financial services and technology sectors have all struggled with inclusion and that has a cascading impact on the gender mix at these events.”

In November 2018, the firm released a Gender Diversity and Inclusion in Events Report, which found that 70 percent of all event speakers in the U.S., Canada and the U.K. were male. In that study, the U.S. exhibited the most inclusion, with 35 percent of its speakers female and 65 percent male.

Crypto companies have conducted their own research into the demographics of crypto investors. In September 2018 crypto finance company Circle, published a study which shows that millennial women invest in cryptocurrency at half the rate of men.

While women may still be underrepresented in the crypto and blockchain industries, a June 2018 report from the U.K.-based crypto exchange Block Exchange showed that the amount of women considering crypto investment had doubled since the start of the year.