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

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.

The road(eo) to @EthereumDenver is kicking off

and we’re teaming up with @SaraSBaumann to tell the story of women who refuse to wait for permission to build the future, featuring @jillrgunter @winnyeth @provenauthority & @fkpxls

mint sara’s art for free (no gas) on feb 25 at… pic.twitter.com/mBD110UWuL

— World of Women (@worldofwomenxyz) February 18, 2025

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.

🔥@Kanbas_ Collection bought a 1-of-1 digital artwork by @SamSpratt for $3 million, reigniting interest in the #NFT art market. https://t.co/gemmBN1ji5

— Cryptonews.com (@cryptonews) February 18, 2025

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.