Web3
The vision of a decentralized internet built on blockchain technology where users own their data and digital assets.
Explained Simply
Web3 refers to the next evolution of the internet, moving from centralized platforms (Web2 — Google, Facebook, Amazon) to decentralized protocols where users control their own data, identity, and assets. Web3 applications run on blockchains and use crypto wallets for authentication instead of usernames and passwords. The ecosystem includes DeFi, NFTs, DAOs, decentralized storage, and decentralized social media. Critics argue that Web3 is still too complex for mainstream adoption and that many projects are centralized in practice.
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