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The Truth About Diversity In The Metaverse. Can Web3 Live Up To Its Potential?
Despite its potential to become one of the most revolutionary and inclusive technologies of all time, has the metaverse already missed the mark when it comes to diversity?

Web3 is dominated by young “crypto bro” culture, and a visit to a Web3 and crypto conference can attest to this.

From digital fashion to gaming, the metaverse has opened a door for people from all walks of life to explore new channels of self-expression and creativity — while giving them the choice of whether or not to reveal their gender, ethnicity, sexuality or identity. But behind this progressive veneer lies a space still teeming with pain points and ostensible promises of equality.

A digital glass ceiling?

In a report published by consultancy firm McKinsey, more women are “power users” of the metaverse than men — meaning they spend over three hours a week in the virtual landscape — and are more likely to spearhead metaverse initiatives. Despite this, investors are still more willing to invest larger amounts of money in metaverse companies run by men, finds Consultancy.uk.

The issue extends beyond gender biases. NFT project CryptoPunks revealed its new collection of Meebits at the end of 2021, which allowed users to obtain a randomly selected Meebit through a lottery generated system. Following the roll-out, many in the NFT space noticed that owners of predominantly dark-skin and female Meebits were putting their tokens on OpenSea for 30 percent less than the original price.
In 2022, Maxine Williams, Chief Diversity Officer of Meta, issued a statement explaining how the company was committing itself to building a metaverse that reflects every user. “Not only should your culture be present in the metaverse, but you should be authentically present as well,” Williams wrote.
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https://jingdaily.com/diversity-metaverse-web3-potential/