Black Women Blockchain Council
Black Women Blockchain Council (BWBC) provides training, networking, and advocacy for Black women in Web3.
Website: https://bwbc.io/
HQ: Rockville, Maryland, United States
Active Markets: Global
Problem Addressed
While Web3 presents many new opportunities for economic growth, job potential, and technological experimentation, the emerging industry still lacks diverse representation, particularly for Black women. The industry is projected to have a market size of $469.49B by 2030, yet Black women make up 0.001% of developers working in Web3 currently.
Project Description
Black Women Blockchain Council (BWBC) seeks to create opportunity for Black women in the blockchain and fintech industry. BWBC facilitates access to capital and resources for Black women in tech. They provide programs in STEM education, wealth inclusion and job preparation, and business mentorship through their startup incubator program. Other initiatives include blockchain educational programs, blockchain for kids, community outreach, networking sessions, and scholarship funds.
Progress to date
BWBC partnered with Web3 infrastructure and software company Consensys to launch a global joint initiative to increase the amount of Black women blockchain developers to 500,000 by 2030. This initiative involves an online bootcamp with specialized programming for Black women developers. BWBC offers additional blockchain courses, educational resources, industry events, and networking opportunities.
Business Data
Status: Active
Constituency Served: women, African diaspora communities
Networks: Not on-chain; community project
Known Investors: BWBC corporate donors include ConsenSys, a16z Cultural Leadership Fund, Shiba Inu, Endaoment, NFA Labs, and FinSuite Consulting
Additional References: N/A
In 2024, BWBC will host the 4th Annual International Women of Blockchain Conference, bringing together and showcasing the accomplishments of women in the blockchain, metaverse, and AI spaces.
Business Model
BWBC relies on charitable donations, volunteer labor, membership fees, and course fees to sustain their work.
Traction
To date, BWBC has certified 150 students certified through its blockchain educational program; graduated 12 interns through its internship program; disbursed 9 student scholarships; developed three Web3 community partnerships around the world; showcased 76 female conference speakers; and presented four awards recognizing female and ally pioneers in Web3.