Male-led metaverse companies received a higher share of total funding (90%) than women-led metaverse companies

 Male-led metaverse companies received a higher share of total funding (90%) than women-led metaverse companies (10%) in the past five years, signaling a gender gap in who is leading the metaverse.

Male-led metaverse companies received a higher share of total funding (90%) than women-led metaverse companies (10%) in the past five years, signaling a gender gap in who is leading the metaverse .   The gap becomes even more glaring when considering that, according to McKinsey data,  women use the metaverse more than men for business and leisure. McKinsey’s data reveals that 60% of women have implemented more than two metaverse-related initiatives in their organizations.  Women are also 20% more likely to implement multiple metaverse initiatives. Companies in the top quartile for  women on executive teams  are more likely to have above-average profitability, according to McKinsey.  Lack of diversity in early-stage teams results in biases and faulty products. By 2025, Gartner predicts that 10% of the workforce will use virtual spaces regularly. By 2027, 25% of e-commerce retailers will implement a minimum of one proof of concept for tokenized assets using the metaverse.

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