Non-Fungible Tokens (NFT): How it Empowers Women

NFT, AN OUTLET FOR WOMEN TO EXPRESS AND ACHIEVE FINANCIAL INDEPENDENCE
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Introduction Non-Fungible Tokens (NFT) are verifiable digital assets with unique attributes and identifies that make them worth. In other words, they are individualized digital commodities that can be exchanged for themselves but not with other assets. Although many female celebrities and artists have shown significant enthusiasm for inviting more women into the web3 movement, it is an area dominated by men. However, it does not mean that females do not have the opportunity to benefit from this new technology. The primary reason NFTs are male-dominated is that the majority of them are likely to try out new technologies. That does not implicate that women are left out, but they just need to be involved in getting them going. In that light, NFT is an outlet for females to express and achieve financial independence, and it is not another "tokenizing" marketing gimmick to exploit them. Women in Technology Despite females playing significant roles in technology revolutions, they get pushed out due to sexism. However, activists want to ensure that they bring sanity to the technology sector by introducing more women to NFTs. Based on the MIT Media Lab, Amazon's artificial intelligence (AI) facial recognition software was found to have challenges identifying darker-skinned and female faces. Initially, women were highly recognized for technologist jobs before the industry was more profitable. Nevertheless, it was not for a long period before male executives took over and established workplace cultures and hiring criteria that sidelined females. On that note, instead of the Internet empowering women, it is based on business structures that reinforce patriarchal norms and masculine biases. Some of the most celebrated females due to their attention to detail and meticulous work in computer programming were Grace Hopper, a Navy whose programming skills contributed to the development of the atomic bombs, and Margaret Hamilton, a leader of the coding team that facilitated Apollo 11's destination to the moon. The perception that significantly contributes to sidelining women in the technology industry is male dominance. For instance, in Silicon Valley, male programmers are more than their female counterparts. When developing numerous software, men are the ones involved in large numbers, which influence the functionalities of those applications in their favor. However, it does not mean that women are not good programmers, and they can use NFT to express and achieve financial independence. Cyberfeminists had good intentions of making the Internet collaborative, abolishing discrimination based on gender, and giving women an environment where they are treated equally to their men counterparts. In addition, they wanted to make a virtual world free from sexist social conditions, rebuild equitable social relationships, and give similar opportunities to all people regardless of their gender. However, just like the dot-com bubble burst, the techno-utopian dreams of cyberfeminists were taken over by misogyny, bigotry, and racism that is present on the web today. In reality, the Internet has become a reflection of the real world, and ev...