World of Women and Artist Sara Baumann Launch Free NFT Portrait Series

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Journalist

Tanzeel Akhtar

Journalist

Tanzeel Akhtar

About Author

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk, Bitcoin Magazine and Bitcoin.com.

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The World of Women (WoW) non-fungible token (NFT) project announced on Tuesday that it had partnered with artist Sara Baumann to launch an NFT portrait series dedicated to celebrating female pioneers in the Web3 space.

In a press release shared with Cryptonews, WoW stated that the NFT collection reimagines four influential women as Western frontier figures, highlighting their impact on decentralized technology.

The series is scheduled to mint on Etherlink, a Layer 2 network on Tezos, as a free open edition, reinforcing WoW’s goal of making NFTs more accessible.

Only 7% of Web3 Startups Are Led by Women, Says WoW

WoW noted that female founders receive only a quarter of the funding that male founders secure, and just 7% of Web3 startups are led by women.

The series showcases the achievements of trailblazers like Jill Gunter (Espresso Systems), Winny.eth (Chipped), Evin McMullen (Privado ID), and Tina He (Base), encouraging more women to participate in Web3.

“These portraits capture more than likeness. They tell the story of women who refuse to wait for permission to build the future,” said Baumann. “By reimagining tech leaders as frontier pioneers, we’re making visible the courage it takes to create in spaces where you’re often the only woman in the room,” adds Baumann.

With this project, WoW reaffirms its commitment to closing the gender gap in Web3 by spotlighting women’s contributions despite persistent funding challenges.

NFT Sells for $3 Million, Signaling a Potential Market Shift

This week, US-based art collective Kanbas Collection purchased a one-of-a-kind digital artwork for $3 million, indicating a shift toward a more stable NFT market compared to three years ago.

While the NFT market no longer mirrors the peak of 2021-2022, that surge resembled the brief ICO boom of 2017. The sector is now stabilizing into a more sustainable phase.

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